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SINGAPORE — More than 950,000 Singaporean households in Housing Board flats will receive U-Save and Service & Conservancy Charges (S&CC) rebates in April, said the Ministry of Finance (MOF) on March 28. The rebates — the first quarterly disbursement iOver 950,000 HDB households to get U-Save, S&CC rebates in April
SINGAPORE — More than 950,000 Singaporean households in Housing Board flats will receive U-Save and Service & Conservancy Charges (S&CC) rebates in April, said the Ministry of Finance (MOF) on March 28. The rebates — the first quarterly disbursement in the 2024 financial year — are part of the permanent GST Voucher (GSTV) scheme and the Assurance Package, which received a $1.9 billion boost in Budget 2024 to help people cope with an uncertain economic outlook. Disbursed in April, July, October, and January each year, the rebates aim to defray the hike in GST and provide cost-of-living support for lower- to middle-income households. Additional U-Save will be provided to help Singaporean HDB households cope with increases in their utility bills. In total, eligible households will receive 2.5 times the amount of regular U-Save, or up to $950, in the 2024 financial year. On average, this will cover about eight months of utility bills for those living in one- and two-room flats, and about four months of utility bills for those living in three- and four- room flats, said MOF. Read more