Eligible families will receive GST Vouchers – Utilities-Save (U-Save) rebate to help HDB households
About 880,000 households living in HDB flats here will get the next instalment of the GST Voucher – Utilities-Save (U-Save) rebate this month, announced the Ministry on Finance on Monday (2 October).
Depending on the flat type, each qualified Singaporean household will receive a rebate of between $55 and $95 in October 2017. Including the rebates to be handed out in January and April 2018, the total annual rebates will reach $220 to $380.
Expected to cost $265 million annually starting from July 2017, the quarterly U-Save rebate helps HDB households offset part of their utility bills, effectively reducing overall household expenses. It is one of the three components under the government’s permanent GST Voucher scheme.
“Annually, the U-Save rebate has enabled households in one- and two-room HDB flats to receive support equivalent to about three to four months of their utility bills on average. Those living in three- and four-room flats receive support equivalent to about one to two months of their utility bills,” said the ministry.
Meanwhile, households whose members own more than one property are not qualified to receive U-Save rebates.
This article was edited by Keshia Faculin.