REBATES FOR HOUSEHOLDS
More than 950,000 Singaporean households living in HDB flats will receive U-Save and service and conservancy charges (S&CC) rebates in July.
The rebates – disbursed in April, July, October and January each year – are part of the permanent GST Voucher (GSTV) scheme and the Assurance Package.
These rebates help to provide support for GST and cost-of-living expenses for lower- to middle-income households, the Ministry of Finance (MOF) said on Friday.
As announced at Budget 2024, additional U-Save will be provided to help Singaporean HDB households cope with increases in their utility bills.
In total, eligible households will receive 2.5 times the amount of regular U-Save, or up to S$950, in FY2024.
On average, MOF said this will cover about eight months of utility bills for those living in 1- and 2-room flats, and about four months of utility bills for those living in 3- and 4- room flats.
Eligible households will also receive up to four months of S&CC rebates altogether this financial year. This includes the one-off Budget 2024 Cost-of-Living S&CC Rebate to offset 0.5 months of S&CC in January 2025.
