Singapore Gazettes Goods and Services Tax Voucher Fund (Amendment No. 2) Regulations 2024

The Singaporean Official Gazette Dec. 30, 2024, published Regulation No. S 1058/24, amending GST regulations on eligibility criteria for the goods and services tax voucher (GSTV) fund, cash grants, and assurance package. The regulation includes measures: 1) setting the property value threshold under the Goods and Services Tax Voucher Fund Regulations 2014 at S$31,000 (US$22,708), from 2025; 2) specifying cash grant amounts under the GSTV for 2022–2025, based on schedule updates; 3) updating annual value thresholds for residences, from 2025; 4) adjusting monthly references and updating eligibility criteria for cash grants based on property values and occupancy conditions; 5) specifying ...