Budget 2020: S'poreans Aged 21 And Above To Get One-Off Cash Payout Of Up To $300

Minister Heng Swee Keat announced today that the government will help all Singaporeans with their household expenses during the economic slowdown and the uncertainties of the COVID-19 outbreak.

It will provide a comprehensive Care and Support Package for households, amounting to about S$1.6 billion.

All Singaporeans aged 21 and above in 2020 will receive a one-off cash payout of $300, $200 or $100, depending on their income.

The amount of U-Save rebates will be doubled through a one-off GST voucher (U-Save Special Payment) to all eligible HDB households.

The Serve and Conservancy Charges Rebate will be extended by another year. Eligible HDB households will receive rebates of between 1.5 and 3.5 months.

Featured Image Credit: Sam Kang via Bloomberg