In Singapore, the Goods and Services Tax (GST) is imposed on the domestic consumption of goods or services including imports. A permanent GST Voucher Scheme was introduced in 2012, aiming to support lower- and middle-income households and the elderly. The voucher has three components: cash, MediSave, and U-Save.
For the U-Save, the voucher is rebated quarterly to support expenses for utility bills in January, April, July, and October. Recently, the U-Save special payment has been added, aiming to provide additional support to families due to the impacts of the COVID pandemic.
In this financial year, a total of S$460 million in rebates will be allocated via the regular U-Save and the U-Save special payment that provides an additional 50 percent of their regular U-Save rebates in April and July.
The regular U-Save rebates is given to households living the flats as follows: S$100 for one- and two-room flats, S$90 for three-room flats, S$80 for four-room flats, S$70 for five-room flats and S$60 for executive apartments and multi-generation flats. To read more, please click.
Source: Channel News Asia
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