GST Offset Package & Growth Dividends

16 04 2008

Have you received the letter from CPF board on this GST Offset package that was introduced by the Government in Budet 2007?

Check for it… coz it means $$

This package includes the GST Credits and Senior Citizens’ Bonus for year 2007-2010, to help Singaporeans cope with the 2% GST increase from 1st July 2007. In Budget 2008, the Government also announced that it will share part of its surplus by giving Growth Dividends to Singaporeans..

There will be 3 payments in total. Growth Dividends is spilt into 2 payments. Date of payment will be 30th April 2008 and 1st Oct 2008. GST credits will be paid on 1st July 2008..

I was given $500 this time….

For more details, go to www.gstoffset.gov.sg and www.singaporebudget.gov.sg

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