Yay! If you’re above the age of 20 and you are a Singaporean, you’ll be very very happy in 2008.
Our dear government has decided to share its profits with the public. As for me I am looking at $600 to be credited in my account this year by 2 installments. First at the end of April and 2nd in October.
How did I get that amount? I will be getting both “GST off Set Package” and “Growth Dividends“. I qualify for the following remunerations:
GST off Set Package: $200/-
Growth Dividends: $400 /- ($300 for living in a 4R + $100 for being a NS-Men)
You know what I am thinking about now? The government is sharing its profits with us now, but what if they made a loss? Will they force us to pay for the losses? Hmmm…I hope they won’t do so. Only share the good stuff I hope. But If I am rich, I don’t mind helping the government of course.
Want to know how much you will receive? All the details are at the following official sites.
http://www.singaporebudget.gov.sg/growth_dividends.html
http://www.gstoffset.gov.sg/GSTCredits.htm
Regards,
Deen Yusoff