As part of the government’s Care and Support Package announced in Budget 2020, 940,000 Housing & Development Board (HDB) households will receive twice the usual amount of Goods & Services Tax (GST) vouchers to help ease their utilities bills.
Certain larger households will be eligible for more help too, under the same scheme, said a statement from the Ministry of Finance (MOF) released on Thursday (2 Apr).
Read on for more details of the rebates that households will receive this year.
This Apr, eligible HDB households will receive GST Voucher – Utilities-Save (U-Save) rebates of up to $300.
The value of rebate vouchers received this year will be doubled across the board, so households will receive twice the amount of vouchers than normal.
With the doubling of vouchers, 1-room and 2-room HDB households will receive 6 to 8 months’ worth of rebates, as compared with 3 to 4 months previously.
This will be scaled accordingly for those living in 3-room, 4-room and 5-room flats. They will also receive twice the amount of vouchers as usual, but will receive less rebates.
Households will be able to receive a rebate of up to $300 this month, as well as in Jul.
According to the MOF, households with 5 or more members are eligible for additional rebates.
Eligible households will receive an additional GST Voucher – U-Save, which means they will get 2.5 times the usual amount of rebates they normally get.
Consequently, the Government will disburse $630 million to eligible households this financial year.
For more details, you can call SP Group on 6671-7117 or send an e-mail to email@example.com.
Alternatively, you can visit MOF’s website for more details.
Featured image adapted from Facebook.
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