About 950,000 Singaporean households living in Housing Board flats will each receive up to $190 in goods and services tax voucher -U-Save rebates from January to offset their GST and other living expenses as part of the Government’s moves to mitigate the rising cost of living.
The rebates are disbursed quarterly - in April, July, October and January - each financial year, with eligible households receiving double their regular U-Save rebates this financial year, which ends in March 2023. Households living in one- and two-bedroom HDB flats will receive the largest rebate of $190, while those living in three-room flats will receive $170, said the Ministry of Finance on Friday.
Eligible Singaporeans living in four-room flats will get $150, while those in five-room flats will receive $130. People living in executive or multi-generational flats will get $110. This amounts to about eight to 10 months’ worth of utility bills for an average household in a one- or two-room flat, or four to six months’ worth of utility bills for an average household in three- or four-room flats.