800,000 HDB households to receive $90 million of GST-voucher-U-Save in January
About 800,000 Singaporean HDB households can expect to receive $90 million worth of GST Voucher - Utilities-Save (U-Save) rebates in January 2013.
An eligible Singaporean household can receive one GST Voucher - U-Save of up to $130 depending on their HDB flat type.
There is no sign-up required for the rebates, and utilities charges of households will be offset directly.
The GST Voucher - U-Save is paid out in January and July each year.
Those living in 1- to 2-room HDB flats can offset about 3 to 4 months of utilities bills on average with their yearly GST Voucher - U-Save.
Those living in 3- to 4-room HDB flats can offset up to 2 months of utilities bills on average.
The GST Voucher - U-Save is a household benefit under the permanent GST Voucher scheme.
It was introduced in Budget 2012 to provide continuing assurance that lower-income Singaporeans benefit from the fiscal system.
Taking into account the other components of the GST Voucher, which include the GST Voucher - Cash and Medisave, Singaporean lower-income and retiree households would have received a significant offset for their GST expenses this year. Middle-income families would also have received a GST Voucher that will partially offset their GST expenses.
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