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Singapore Budget 2014: Rebates for utility bills and service and conservancy charges

Published on Feb 21, 2014 6:49 PM
 
About 800,000 Singapore households living in Housing Board flats will benefit from a one-off GST voucher payment to help offset utility bills. -- ST FILE PHOTO: CAROLINE CHIA

About 800,000 Singapore households living in Housing Board flats will benefit from a one-off GST voucher payment to help offset utility bills.

The special "U-Save" payment will be determined by flat size.

"Through these additional rebates, eligible households will be able to free up cash for their other expenses," said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam in his Budget statement in Parliament on Friday.

The one-off payment will cost $110 million.

The Government also said it will provide one to three months of rebates for service and conservancy charges.

Those living in one- and two-room HDB flats will get three months of rebates for this year; those in three- and four-room flats will get two months; five-room flat dwellers will get 1.5 months; and executive flat dwellers will get one month.

The rebates will cost $80 million to fund.

For more news and analysis on Singapore Budget 2014, click here for ST's Big Story coverage.