Singapore Government
Singapore Budget 1998
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Budget 1998

  Part I: Review of The Economy  
 
 
 
 
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  Part II: The FY98 Budget  
 
 
 
 
 
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  ANNEXES  
 
 
 
 
 
 

 
 
Budget Speech 1998
   
 
 

Tax Changes For Individuals

 

Rebates for Revisions in Utilities Rates

Last year, utilities rebates and monthly S&C grants were given to citizens living in 1 to 4-room HDB flats to offset the utilities rates increases for the lower income households. I announced that the Government would grant the same utilities rebates and monthly S&C grants in 1998. I am happy to confirm that the same utilities rebates and S&C grants will be given this year.

The utilities rebate will be $100 for 1-, 2-, and 3-room HDB flats, and $50 for 4-room HDB flats. The rebates will be credited against the utilities bills of eligible households for the month of September which are payable in October. Households with smaller bills which are unable to use up the rebate within the month can carry over the balance of the rebate until it is fully used up.

The S&C grant will be $3 per month for 1-room flats, $4 per month for 2-room flats, $5.50 per month for 3-room flats, and $4 per month for 4-room flats. The monthly grant, which started from July 1997, will continue until June 1999.

The utilities rebates and S&C grant will cost the Government about $72 million. Those lower income households who do not live in HDB flats and hence are unable to benefit from the utilities rebate and S&C grant can obtain help from the Citizens Consultative Committees Assistance Scheme.

 
 

 
   
 
 
   
     
 
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