A new Household Support Package will provide some support to all Singaporeans to help with their utility bills, children’s education and daily essentials, said Lawrence Wong.
The package will include:
- Doubled GST Voucher – U-Save rebates for the rest of the year. Eligible HDB households will receive additional rebates of up to S$285.
For the remaining three quarters of 2022, eligible HDB households will receive rebates for their utilities bill that are double the regular amounts.
The additional rebates will be credited to these households at the same time as their regular GST Voucher – U-Save rebates in April, July and October this year.
This means that one- and two-room HDB households can receive an additional S$285 in utilities rebates this year, while those living in larger flats will receive less.
These additional rebates will benefit around 950,000 Singaporean households.
2. Additional S$200 top-up per child through the Child Development Account, Edusave Account or Post-Secondary Education Account for families with Singaporean children below age 21.
The one-off top-ups are available for children who are aged 20 and below in 2022, in addition to the annual Edusave contribution by the Government.
Those between zero and six years’ old are expected to receive their CDA top-up from September onwards. Top-ups to Edusave accounts (for children aged seven to 16) and PSEAs (for students aged 17 to 20) are expected to be given out in May.
Around 790,000 children and students are expected to benefit from this scheme.
3. S$100 worth of Community Development Council (CDC) vouchers for all Singaporean households, to be used at participating heartland shops and hawker centres.
The vouchers will be distributed to all Singaporean households by 2022 to help them cope with daily expenses. These vouchers can be used at participating heartland merchants and hawkers.
More details will be announced by the CDCs. Altogether, the Household Support Package will cost about $560 million.
Shop and support the best homegrown brands on VP Label now:
Featured Image Credit: HDB