Friday, December 28, 2007

U-Save Rebates For Over 760,000 Eligible Households In January

Source : Channel NewsAsia, 27 December 2007

Some households will be receiving their second instalment of the Utilities-Save (U-Save) rebates in January 2008.

The rebates range from S$50 for executive flats to S$110 for 1-room to 3-room flats.

Eligible households will be notified in their January bill, and the rebates will offset against the bill directly.

The U-Save rebates is part of the S$4 billion GST Offset Package announced in the 2007 Budget Statement to help low and middle-income households.

For the next five years, eligible households will be receiving yearly rebates in January and July. The first instalment was distributed in July 2007.

Over 760,000 households will benefit from these rebates.

The rebates for 2008 will cost the government S$138 million. - CNA /ls

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