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Ministry of Finance (MOF)
Press Releases

940,000 HDB Households to receive GST Voucher – U-Save in January 2021

Topics

Government Transfers

2 January 2021

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As part of Budget 2020’s broad suite of support measures for families, eligible households are receiving double their regular GSTV – U-Save in FY2020.

Overall, the Government has committed $5.9 billion in total for household transfers in FY2020, benefitting over 2.8 million Singapore residents.

As part of the Care and Support Package1 announced at last year’s Unity Budget, all Singaporean HDB households will receive their regular GST Voucher (GSTV) – U-Save this month. About 940,000 Singaporean HDB households will receive double their regular GSTV – U-Save. Of these households, about 155,000 larger families2 will receive 2.5 times their regular GSTV – U-Save this Financial Year (FY2020). 

2     Under GSTV – U-Save this FY, the Government is disbursing $630 million to support households, particularly the lower- and middle-income households, in managing their household expenses.

3     Households living in 1- and 2-room HDB flats typically benefit from GSTV – U-Save rebates amounting to about three to four months of their utility bills. Together with the GSTV – U-Save Special Payment given last year, these households will receive rebates equivalent to at least six to eight months of their utility bills.

4     For households living in 3- and 4-room HDB flats, their regular GSTV – U-Save rebates amount to about one to two months of their utility bills. They will now receive support which is equivalent to at least two to four months of their utility bills. 

5     The GSTV – U-Save rebates that households will receive in January 2021 are summarised in the table below.

Table caption

Housing Type

Rebate Received

Rebate to be Received

Total U-Save
to be
received in
FY2020

Apr 2020

Jul 2020

Oct 2020

Jan 2021

1- and 2-Room

$300

$300

$100 or $200*

$100 or $200*

$800 or $1,000*

3-Room

$270

$270

$90 or $180*

$90 or $180*

$720 or $900*

4-Room

$240

$240

$80 or $160*

$80 or $160*

$640 or $800*

5-Room

$210

$210

$70 or $140*

$70 or $140*

$560 or $700*

Executive/
Multi-Generation

$180

$180

$60 or $120*

$60 or $120*

$480 or $600*

* For households with five or more members

Notes: 

a. Households whose members own more than one property are not eligible for the GSTV – U-Save. 

b. On top of the regular GSTV – U-Save, eligible households would have received their GSTV – U-Save Special Payment over two quarters (in April 2020 and July 2020). Eligible larger households with five or more members will receive their additional GSTV – U-Save rebate for larger households over two quarters (in October 2020 and January 2021).

More Information

6     Please refer to Annex A for further details on the regular GSTV – U-Save, Special Payment, and the additional GSTV – U-Save rebate for larger households. Infographics on the GSTV – U-Save are in Annex B. Further details on the Care and Support Package are in Annex C. Illustrations of how Singaporean households benefit in FY2020 are in Annex D.

7     More information on the GSTV scheme is available at www.gstvoucher.gov.sg. For queries on the GSTV – U-Save, Singaporeans may contact SP Group (6671-7117 /  customersupport@spgroup.com.sg). 

Issued by:
Ministry of Finance
Singapore
2 January 2021


***

[1] Benefits under the Care and Support Package are summarised in Annex C.

[2] Larger families refer to households with five or more members who live in the same residence as reflected in their NRICs, and who are related by blood, marriage or legal adoption.

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