About 950,000 households living in Housing Board flats will receive their quarterly Goods and Services Tax Voucher's U-Save rebates in April, the first payout of the fiscal year.
The total rebates each eligible household will receive in FY2022 range from $440 to $760, depending on the HDB flat type.The Government has been giving out GST Vouchers in three components - cash, MediSave and U-Save for utilities - since 2012. From FY2022, the Service and Conservancy Charges rebate will be a component of the scheme.
The payouts were announced at Budget 2022 in February and are part of the enhanced permanent GST Voucher scheme and the Household Support Package. It was also made known that GST will be raised one percentage point a year over the next two years, from 7 per cent to 9 per cent. People living in four-room flats will get $75 for each payment, and five-room flat dwellers will get $65. Those living in executive or multi-generational units will receive two $55 payments.