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About 800,000 Singaporean HDB households will receive $45 million worth of GST Voucher – Utilities-Save (U-Save) rebates in October 2014.
The regular GST Voucher – U-Save is given out over 4 payments per year. It is one component of the permanent GST Voucher scheme, designed to help lower- and middle-income Singaporean households with their living expenses.
In Budget 2014, a one-off GST Voucher – U-Save Special Payment was announced, with larger rebates for smaller flats. The first tranche of the Special Payment, which comes on top of the regular GST Voucher – U-Save, was given out in July 2014, and the next tranche of the Special Payment will be made in January 2015.
In October 2014, eligible Singaporean households will each receive a GST Voucher – U-Save of up to $65, depending on their HDB flat type (see Table below).
GST Voucher – U-Save for October 2014
| Flat Type | Jul 2014# | Oct 2014 | Jan 2015 | Apr 2015 | ||||
|---|---|---|---|---|---|---|---|---|
| Regular GSTV – U-Save | Special Payment | Total | Regular GSTV – U-Save | Regular GSTV – U-Save | Special Payment | Total | Regular GSTV – U-Save | |
| 1-Room | $65 | $130 | $195 | $65 | $65 | $130 | $195 | $65 |
| 2-Room | $65 | $130 | $195 | $65 | $65 | $130 | $195 | $65 |
| 3-Room | $60 | $90 | $150 | $60 | $60 | $90 | $150 | $60 |
| 4-Room | $55 | $55 | $110 | $55 | $55 | $55 | $110 | $55 |
| 5-Room | $50 | $50 | $100 | $50 | $50 | $50 | $100 | $50 |
| Executive | $45 | $45 | $90 | $45 | $45 | $45 | $90 | $45 |
Note: Households whose members own more than one property are not eligible for the GSTV – U-Save.
# Rebates have already been paid out.
The Regular and Special Payment for the GST Voucher – U-Save provides substantial direct assistance to households. Those living in 1- to 2-room HDB flats can offset about 3 to 4 months of utilities bills on average with their regular GST Voucher – U-Save. Meanwhile, those living in 3- to 4-room HDB flats can offset up to 2 months of utilities bills on average.
In addition, the GST Voucher – U-Save Special Payment announced in Budget 2014 can, on average, offset another 3 to 4 months of utilities bills for those living in 1- to 2-room flats, and about 1 month of utilities bills for those living in 3- to 4-room flats.
For more information on the GST Voucher – U-Save, members of the public can call SP Services at 6671 7117, or email spservices[at]singaporepower.com.sg.
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