Budget 2021 Household Support Package: 950,000 HDB Households to receive GST Voucher – U-Save rebates in April 2021
01 Apr 2021About 950,000 Singaporean households living in HDB flats will receive their quarterly GST Voucher (GSTV) – U-Save rebates this month. They will receive an additional 50% of their regular GSTV – U-Save this Financial Year (FY2021), which will be credited in April and July.
2 All in, the regular U-Save and U-Save Special Payment will amount to $460 million in rebates this FY, to support families with their household expenses. The U-Save Special Payment is part of the $900 million Household Support Package[1] announced at Budget 2021, to provide additional support to families during this period of uncertainty. Lower- to middle-income families will receive more support.
3 Households living in 1- and 2-room HDB flats typically benefit from GSTV – U-Save rebates amounting to an average of about three to four months of their utility bills. Together with the GSTV – U-Save Special Payment, these households will receive rebates equivalent to about 4.5 to 6 months of their utility bills this year.
4 For households living in 3- and 4-room HDB flats, their regular GSTV – U-Save rebates amount to an average of about one to two months of their utility bills. This year, they will receive support equivalent to about 1.5 to 3 months of their utility bills.
5 The GSTV – U-Save rebates that households will receive in this FY are summarised in the table below.
HDB Flat Type | Rebate to be Received | Total GSTV - U-Save for FY2021 | |||||
---|---|---|---|---|---|---|---|
Apr 2021 | Jul 2021 | Oct 2021 | Jan 2022 | ||||
Regular GSTV - U-Save | GSTV U-Save Special Payment | Regular GSTV - U-Save | GSTV U-Save Special Payment | Regular GSTV - U-Save | Regular GSTV - U-Save | ||
1- and 2- Room | $100 | $100 | $100 | $100 | $100 | $95 | $595 |
3- Room | $90 | $90 | $90 | $90 | $90 | $85 | $535 |
4- Room | $80 | $80 | $80 | $80 | $80 | $75 | $475 |
5- Room | $70 | $70 | $70 | $70 | $70 | $65 | $415 |
Executive / Multi- Generation | $60 | $60 | $60 | $60 | $60 | $55 | $355 |
Notes:
- Households whose members own more than one property are not eligible for GSTV – U-Save.
- Eligible households will receive their regular GSTV – U-Save over four quarters in April 2021, July 2021, October 2021 and January 2022.
- On top of the regular GSTV – U-Save, eligible households will receive their GSTV – U-Save Special Payment over two quarters in April 2021 and July 2021.
- The regular GSTV – U-Save in April, July and October 2021 include an additional $5 per quarter from January 2019 to December 2021, as announced in Budget 2018 to mitigate the introduction of carbon tax. From January 2022, the regular GSTV – U-Save that households will receive will no longer include the additional $5.
More Information
6 Please refer to Annex A for further details on the Household Support Package. Illustrations of how Singaporean households benefit in FY2021 are in Annex B .
7 More information on the GSTV scheme is available at www.gstvoucher.gov.sg. For queries on the GSTV – U-Save, Singaporeans may contact SP Group (6671-7117 / customersupport@spgroup.com.sg).
Issued by:
Ministry of Finance
Singapore
1 April 2021
[1] More details on the Household Support Package and illustrations of how two families benefit from this Package can be found at Annex A and Annex B respectively.