Didu Turbocharged June 14, 2022 Share June 14, 2022 Here it comes.....can you feel the rumble of the impending tsunami? Those who received financial help(i.e. chicken wing) from Govt during the pandemic will soon have to repay whole chicken. 😁 Public feedback sought on proposed changes to GST Act The public has been invited to provide feedback on proposed amendments to the Goods and Services Tax (GST) Act that include the effecting of the two-step change in GST rate from 7 per cent to 9 per cent. The Ministry of Finance (MOF) is seeking feedback on five proposed legislative amendments, two of which were announced in the Budget statement on Feb 18 this year and for which MOF seeks comments on the legislative drafting, it said in a statement on Monday (June 13). The first amendment effects the change in GST rate from 7 per cent to 8 per cent from Jan 1 next year, and from 8 per cent to 9 per cent from Jan 1, 2024. GST was last raised from 5 per cent to 7 per cent in 2007. The upcoming increase will bring in about $3.5 billion of revenue annually when the full hike is in place in 2024. The revenue will go towards supporting healthcare expenditure and taking care of senior citizens while other areas of social spending rise as well. https://www.straitstimes.com/business/public-feedback-sought-on-gst-changes-including-two-stage-hike-to-9-rate ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Vratenza Supersonic June 14, 2022 Share June 14, 2022 10 minutes ago, Didu said: Here it comes.....can you feel the rumble of the impending tsunami? Those who received financial help(i.e. chicken wing) from Govt during the pandemic will soon have to repay whole chicken. 😁 Public feedback sought on proposed changes to GST Act The public has been invited to provide feedback on proposed amendments to the Goods and Services Tax (GST) Act that include the effecting of the two-step change in GST rate from 7 per cent to 9 per cent. The Ministry of Finance (MOF) is seeking feedback on five proposed legislative amendments, two of which were announced in the Budget statement on Feb 18 this year and for which MOF seeks comments on the legislative drafting, it said in a statement on Monday (June 13). The first amendment effects the change in GST rate from 7 per cent to 8 per cent from Jan 1 next year, and from 8 per cent to 9 per cent from Jan 1, 2024. GST was last raised from 5 per cent to 7 per cent in 2007. The upcoming increase will bring in about $3.5 billion of revenue annually when the full hike is in place in 2024. The revenue will go towards supporting healthcare expenditure and taking care of senior citizens while other areas of social spending rise as well. https://www.straitstimes.com/business/public-feedback-sought-on-gst-changes-including-two-stage-hike-to-9-rate I guess is just nice can pay for the SportsHub.......😑 Link to post Share on other sites More sharing options...
Didu Turbocharged June 21, 2022 Share June 21, 2022 Sounds like a lot of people will benefit. In actual fact 1.5 mil is just a small segment of Singaporeans. Every time Govt give handout, be prepare to return "whole chicken", even for those who did not receive any handout. Are we allowed to say... 1.5 million Singaporeans to get up to S$300 cash in special GST Voucher payment, all households to get S$100 utilities credit About 1.5 million Singaporeans will receive up to S$300 cash in a special GST Voucher payment in August, announced Minister for Finance Lawrence Wong on Tuesday (Jun 21). https://www.channelnewsasia.com/singapore/gst-voucher-cash-special-payment-singaporeans-household-utilities-credit-2759761 Link to post Share on other sites More sharing options...
Mkl22 Supersonic June 21, 2022 Share June 21, 2022 I understand that the idea is to benefit Singaporeans more than the many foreigners working or coming here by giving out vouchers instead of a tax break for all. 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic June 21, 2022 Share June 21, 2022 20 minutes ago, Didu said: Sounds like a lot of people will benefit. In actual fact 1.5 mil is just a small segment of Singaporeans. Every time Govt give handout, be prepare to return "whole chicken", even for those who did not receive any handout. Are we allowed to say... 1.5 million Singaporeans to get up to S$300 cash in special GST Voucher payment, all households to get S$100 utilities credit About 1.5 million Singaporeans will receive up to S$300 cash in a special GST Voucher payment in August, announced Minister for Finance Lawrence Wong on Tuesday (Jun 21). https://www.channelnewsasia.com/singapore/gst-voucher-cash-special-payment-singaporeans-household-utilities-credit-2759761 8 minutes ago, Mkl22 said: I understand that the idea is to benefit Singaporeans more than the many foreigners working or coming here by giving out vouchers instead of a tax break for all. It shows Govt has more revenue than budgeted. 1 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic July 12, 2022 Share July 12, 2022 (edited) How much are you getting? https://www.gstvoucher.gov.sg Edited July 12, 2022 by Fcw75 1 1 Link to post Share on other sites More sharing options...
mersaylee Hypersonic July 12, 2022 Share July 12, 2022 1 hour ago, Fcw75 said: How much are you getting? https://www.gstvoucher.gov.sg Not even one kosong prata ccb pxp 😁 1 Link to post Share on other sites More sharing options...
Tianmo Hypersonic July 12, 2022 Share July 12, 2022 I think last time got a link can key in nric to check, now cannot find liao. Link to post Share on other sites More sharing options...
Fcw75 Hypersonic July 12, 2022 Share July 12, 2022 11 minutes ago, mersaylee said: Not even one kosong prata ccb pxp 😁 Actually that means you are doing well. 1 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic July 12, 2022 Share July 12, 2022 10 minutes ago, Tianmo said: I think last time got a link can key in nric to check, now cannot find liao. Have bro. https://www.gstvoucher.gov.sg/ Use your SingPass. 2 Link to post Share on other sites More sharing options...
mersaylee Hypersonic July 12, 2022 Share July 12, 2022 2 minutes ago, Fcw75 said: Actually that means you are doing well. Can do not well to do... Low income maybe get subsidised kosong prata, I low ses have to pay in full price as those high ses...not to mention hnw...i also go c class one hor...not the pointed star but common ward without aircon...😁 2 Link to post Share on other sites More sharing options...
Tianmo Hypersonic July 12, 2022 Share July 12, 2022 39 minutes ago, Fcw75 said: Have bro. https://www.gstvoucher.gov.sg/ Use your SingPass. Wah you good sia. 1 Link to post Share on other sites More sharing options...
Ct3833 Supersonic July 12, 2022 Share July 12, 2022 30 minutes ago, Tianmo said: Wah you good sia. dont be so happy, you may get this. 4 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic July 12, 2022 Share July 12, 2022 2 hours ago, Ct3833 said: dont be so happy, you may get this. You stay landed leh. Leave the $700 for people like me. 😁 2 Link to post Share on other sites More sharing options...
Ct3833 Supersonic July 12, 2022 Share July 12, 2022 8 minutes ago, Fcw75 said: You stay landed leh. Leave the $700 for people like me. 😁 This screen pops up when I was checking for on behalf of my friend. 4 Link to post Share on other sites More sharing options...
Kopites Supersonic July 12, 2022 Share July 12, 2022 13 hours ago, Fcw75 said: How much are you getting? https://www.gstvoucher.gov.sg ???? 1 Link to post Share on other sites More sharing options...
Fcw75 Hypersonic July 12, 2022 Share July 12, 2022 14 minutes ago, Kopites said: ???? You get nothing ah? 😁 Link to post Share on other sites More sharing options...
Etnt Turbocharged July 13, 2022 Share July 13, 2022 On 10/16/2020 at 7:59 PM, Kb27 said: GST Is Needed To Ease Burden On Younger Workers As Income Taxes May Not Be Enough: Indranee Rajah https://www.channelnewsasia.com/news/singapore/gst-tax-ageing-population-indranee-rajah-13280840 someone please tell me how does this work ? younger workers earn lower salary, but pay the same gst for any item they consume, same gst as richer older workers, as far as my small brain can understand. everything more expensive so they will buy less, eat less, use less and thus spend less have more savings? some twisted logic like that bah. bu this will likely become burden on older workers when it turns to "daddy/mummy, I need money" ↡ Advertisement Link to post Share on other sites More sharing options...
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