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800,000 HDB Households to Receive $90 Million of GST Voucher - U-Save in January 2012

31 December 2012

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1. About 800,000 Singaporean HDB households can expect to receive $90m worth of GST Voucher – Utilities-Save (U-Save) rebates in January 2013. 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 our fiscal system.  

2. An eligible Singaporean household can receive one GST Voucher – U-Save of up to $130 in January 2013, depending on their HDB flat type (see Table below). There is no sign-up required for the rebates, and utilities charges of households will be offset directly.

Table: 2013 GST Voucher – U-Save (given on a per household basis)

Disbursement

Month

HDB flat type

1-Room

2-Room

3-Room

4-Room

5-Room

Executive Flats

Jan 2013

$130

$130

$120

$110

$100

$90

Jul 2013

$130

$130

$120

$110

$100

$90

Total Rebates

Per Year

$260

$260

$240

$220

$200

$180


3. 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.

4. 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.

Whom the public can contact for more information

5. For more information on the GST Voucher – U-Save rebates, the public can call SP Services at 6671 7117, or email spservices@singaporepower.com.sg. More information on the GST Voucher can also be found at www.gstvoucher.gov.sg.

MINISTRY OF FINANCE
31 DECEMBER 2012

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