Hey!
So the way about this calculation is simple.
For various grants, they will always take into account your taxable income.
Based on experience, most 13th month and bonus is taken into account as your taxable income, which means that they will be included and taken into consideration when applying for EHG grant.
To emphasize on the details of EHG again for the rest reading this question:
Who is the EHG for?
Couples and families with an average gross monthly household income not exceeding $9,000.
At least one applicant must be working for at least 12 months prior to the flat application.
Both HDB BTO and SBF, as well as Resale HDB flats, are eligible.
Can check it out here: https://blog.seedly.sg/hdb-cpf-grants-bto-vs-re...
Hey!
So the way about this calculation is simple.
For various grants, they will always take into account your taxable income.
Based on experience, most 13th month and bonus is taken into account as your taxable income, which means that they will be included and taken into consideration when applying for EHG grant.
To emphasize on the details of EHG again for the rest reading this question:
Who is the EHG for?
Couples and families with an average gross monthly household income not exceeding $9,000.
At least one applicant must be working for at least 12 months prior to the flat application.
Both HDB BTO and SBF, as well as Resale HDB flats, are eligible.
Can check it out here: https://blog.seedly.sg/hdb-cpf-grants-bto-vs-re...