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900,000 HDB Households to Receive GST Voucher – U-Save Rebate in April 2018
Topics
Government Transfers
2 April 2018
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About 900,000 Singaporean HDB households will receive the next instalment of the GST Voucher – Utilities-Save (U-Save) rebate in April 2018.
2 The U-Save rebate is one of three components under the permanent GST Voucher scheme. The U-Save rebate helps HDB households to offset part of their utilities bills, and serves to lower overall household expenses. It is distributed every three months. The U-Save rebate is expected to cost $265 million over four quarters, starting from July 2017.
3 Annually, the permanent GST Voucher – U-Save rebate has enabled households in 1- and 2-room HDB flats to receive support which is equivalent to about 3 to 4 months of their utilities bills on average. Those living in 3- and 4-room HDB flats has received support equivalent to about 1 to 2 months of their utilities bills .
4 In April 2018, eligible Singaporean households will each receive a GST Voucher – U-Save of up to $95, depending on their HDB flat type (see Table 1).
Table 1: GST Voucher – U-Save for April 2018
HDB Flat type | Rebate given in Jul 2017 | Rebate given in Oct 2017 | Rebate given in Jan 2018 | Rebate to be received in Apr 2018 | Total rebate annually |
|---|---|---|---|---|---|
1- and 2-Room | $95 | $95 | $95 | $95 | $380 |
3-Room | $85 | $85 | $85 | $85 | $340 |
4-Room | $75 | $75 | $75 | $75 | $300 |
5-Room | $65 | $65 | $65 | $65 | $260 |
Executive/Multi-Generation | $55 | $55 | $55 | $55 | $220 |
Note: Households whose members own more than one property are not eligible for the GST Voucher – U-Save.
5 As announced in Budget 2018, eligible households will receive additional $20 a year for 3 years, from 2019 to 2021. This will help households adjust to the carbon tax when it is implemented from 2019. On average, the increase in U-Save will cover the expected increase in electricity and gas expenses for HDB households arising from the introduction of the carbon tax.
For more information
6 For more information on the GST Voucher – U-Save, members of the public can call SP Group at 6671-7117, or email customersupport@spgroup.com.sg. More information on the GST Voucher can also be found at www.gstvoucher.gov.sg.
Issued by:
Ministry of Finance
Singapore
2 Apr 2018