Budget 2007 - GST Offset Package
Post CNY Ang Pow from the government, the GST Offset Package.
How much will you be getting back after paying for the extra 2% GST hike WEF 1 July 07? From the diagram, my guess is i'll be only getting $200/year for 4 years + the one-off $100 as an NSmen that contribute to the national security.
If my spending is $1600 after CPF contributions & regular saving, the amout of extra GST i've to pay will be $32, which make up to $384 a year. Since i'll be getting a $200 off set, i still have to fork out the extra $184. So.. I'm going to spend less & save more WEF 1 July 07 also.
How & when to sign up??
| Sign-up Mode | To receive your GST Credits on 1 July 2007, please sign up by: | To receive your GST Credits for 2007, the last day to sign up is: |
| ATMs (DBS/POSB/OCBC/UOB) | 25 June 2007 | 15 June 2007 |
| Website: www.gstoffset.gov.sg | 25 June 2007 | 31 December 2007 |
| Hard copy forms (available at SingPost Offices, CPFB Service Centres, Community Centres/Clubs and Community Development Councils) | 15 June 2007 | 31 December 2007 |
No comments:
Post a Comment