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$48 Million Rebates For 700,000 HDB Households
28 November 2005
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In 2006, the Government will give up to 4 months of Service and Conservancy Charges (S&CC) rebates and up to 3 months of rental rebates to eligible Singaporean HDB households. The rebates will cost Government $48 million and benefit more than 700,000 households.
2. The rebates will be given in the following months in 2006:
Schedule of S&CC and rental waivers for 2006 (in months)
S&CC Rebates | Rental Rebates | ||||||
|---|---|---|---|---|---|---|---|
1-Room | 2-Room | 3-Room | 4-Room | 5-Room | 1-Room | 2-Room | |
January | 1 | 1 | 0.5 | 0.5 | 0.5 | 1 | 0.5 |
March | 1 | 1 | 0.5 | 0.5 | -- | 1 | 0.5 |
June | 1 | 0.5 | 0.5 | 0.5 | -- | 0.5 | 0.5 |
September | 1 | 0.5 | 0.5 | -- | -- | 0.5 | -- |
December | -- | -- | -- | -- | -- | -- | -- |
Total | 4 | 3 | 2 | 1.5 | 0.5 | 3 | 1.5 |
3. The rebates are given each year for 5 years between 2003 and 2007, as part of the Goods and Services Tax (GST) offset package announced in the 2002 Budget Statement. The rebates cost the Government a total of $340 million over 5 years. MND and HDB will be sending notification letters to all eligible households in December 2005.
Ministry of Finance