Nearly 950,000 HDB households received 3rd tranche of GST vouchers in October

Singapore: Nearly 950,000 Singaporean households living in Housing Board (HDB) apartments will receive Q3 Goods and Services Tax Vouchers (GSTV) – U-Save and GSTV – Service and Conservancy Charges (S&CC) rebates in October receive.

The rebate was announced as part of the permanent GSTV scheme and Household Support Package (HSP). February 2022 budgetsaid the Ministry of Finance (MOF) on Friday (September 30).

The ministry added that it would provide “continuous support” to cover GST and other living costs for low- to middle-income households in Singapore.

Singapore faces a rising cost of living amid rising global energy and food prices and supply chain disruptions.

The authorities Future GST increases will not be delayed Despite rising prices, it has announced several supportive measures to help Singaporeans with their rising costs.

Under the enhanced GSTV scheme, eligible households will receive a GSTV – S&CC rebate, offsetting 1.5 to 3.5 months of S&CC each year. Rebates he will be paid in April, July, October and January.

Eligible households can receive 2x normal U save Fiscal year 2022.

That’s about eight to 10 months’ worth of utility bills for an average household in one- and two-room HDB apartments, the Treasury Department said.

For the average household living in 3- and 4-room HDB apartments, this equates to about 4-6 months of utility bills.