880,000 HDB households to get GST U-Save vouchers in July to offset utilities bills

Eligible households will get up to $95 each, depending on the type of flat they are staying in.
Eligible households will get up to $95 each, depending on the type of flat they are staying in. PHOTO: ST FILE

SINGAPORE - Some 880,000 Singaporean households will receive the next instalment of the GST voucher - Utilities-Save (U-Save) rebate in July, the Ministry of Finance (MOF) said on Sunday (July 2).

Eligible households will get up to $95 each, depending on the type of flat they are staying in.

For instance, one- and two-room households will receive the maximum amount, while three-room households get $85.

Those staying in four-room flats get $75, five-room households $65 and executive/multi-generation households get $55.

From this month, there will also be a permanent increase of between $40 and $120 to the annual GST voucher - U-Save rebate, which MOF said meant to help households offset some of the increase in water prices.

The permanent increase was first announced in this year's Budget.

 

Distributed every quarter, the GST voucher - U-Save rebate is one of the three components under the Government's permanent GST voucher scheme.

It helps HDB households offset part of their utilities bills, and serves to lower overall household expenses.

As of this month, the rebate is expected to cost $265 million over the next four quarters.