Following the GST-related changes
made to personal income tax, currently about 70
per cent of individuals no longer pay income tax
and would not benefit from the income tax rebate.
The Government will grant rebates on HDB Service
and Conservancy (S&C) charges and rental to
citizens in this group staying in rented and owner-occupied
HDB flats. The rebates will be as follows:
-
One-Room Flats
Two months' net rent and two months' net S&C
charges, after deduction of the GST offset rebates
and the S&C grant associated with the utilities
rebates which I will elaborate later. The rental
and S&C rebates will be made on 1 June and 1
December this year.
-
Two-Room Flats
One month's net rent and two months'net S&C
charges, after deduction of the GST offset rebates
and S&C grant to be given. The rental rebate
will be made on 1 December, and the S&C rebates
on 1 June and 1 December this year.
-
Three-Room Flats
One and a half months' net S&C charges, after
deduction of the GST offset rebates and S&C
grant to be given. The S&C rebate will be made
on 1 June and 1 December this year.
-
Four-Room Flats
Three quarter month's net S&C charges, after
deduction of the S&C grant to be given. The
S&C rebate will be made on 1 December this year.
-
Five-Room Flats
Half a month's net S&C charges, to be made on
1 December this year.
The estimated cost of these rental and S&C
rebates is $29 million
