How do they calculate the AV of my address of rented unit on private property?
Let's say i stay in a rented 2room unit on private property (Coz i dun utilize the entire property but stay in only a 2 room unit.)
How they calculate? How can i be certain if their method of calculation be accurate?
Since i feel shortchanged by the payout, seems that i been catergorized "Annual Value of Home" more than 100k, which is ridiculous. And my income is not even close to 24k per annum.
Even my friends who stay in 4 room hdb gets a bigger GST credit payout.
based on this page:
3.5 How much will I get if I stay in a rented property?
The amount of GST Credits you will get will depend on the AV of your rented property stated as your NRIC address as of 31 December of the year preceding the payout.