Over 770,000 HDB households to get S$63m worth of rebates

Over 770,000 HDB households to get S$63m worth of rebates

 

SINGAPORE: More than 770,000 HDB households will be receiving S$63 million worth of rebates for their Service and Conservancy Charges (S&CC) and rents in fiscal year 2008.

 

The Finance Ministry said all eligible households will receive S&CC rebates.

 

Three and four-room households will receive two months worth of S&CC rebates.

 

And among low-income rental households, eligible one-room households will get four months of S&CC rebates as well as an additional three months worth of rental rebates.

 

These rebates are part of the S$4 billion GST Offset Package announced in 2007, to help Singaporeans, especially low and middle-income households, cope with the GST increase in July 2007.

 

The rebates will cost the government S$250 million over 5 years.

 

HDB will be sending notification letters to all eligible households by the end of this month to inform them of the amount of S&CC and rental rebates they will be receiving.

 

Source: Channel NewsAsia

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s