880,000 HDB households to get GST voucher

HDB flats. AFP file photo
HDB flats. AFP file photo

Some 880,000 HDB households will receive the next instalment of the GST Voucher – Utilities-Save (U-save) rebate in January 2018, the Ministry of Finance (MOF) said in a statement on Tuesday (2 January).

Eligible Singaporean HDB households will receive a GST Voucher – U-Save of up to $95, depending on their flat type.

One of three components under the permanent GST Voucher scheme, the U-Save rebate helps HDB households offset part of their utility bills.

Those living in 1-and 2-room HDB flats will receive support equivalent to about three to four months of their average utility bills while those living in 3- and 4-room HDB flats receive support equivalent to about one to two months of their average utility bills, MOF said.

Distributed every three months, the rebate is expected to cost $265 million over four quarters starting from last July, said MOF.

GST Voucher – U-Save for Jan 2018. Source: MOF
GST Voucher – U-Save for Jan 2018. Source: MOF

Related story:

Electricity tariffs to increase by 6.3% from January to March 2018