Almost 1 Million Singapore Households to Receive Tax Rebate this Year
On the 2nd of April, the Ministry of Finance of Singapore announced that the GST Voucher - Utilities-Save (U-Save) rebate installment for 900,000 Singaporean households will be receive in April.
The rebate, which is part of the permanent GST Voucher scheme, helps HDB households offset part of their utilities bills and serves to lower overall household expenses. The rebate is distributed every three months.
Depending on their HDB flat type, eligible households will each receive a GST Voucher - U-Save of up to S$95. This is an additional S$20 a year for a three-year period, from 2019 to 2021, and this will help adjust to the carbon tax to be implemented from 2019.