GSTV – U-Save and S&CC rebates: 950,000 eligible households to receive payouts starting April 2023

Eligible Singaporean households (in HDB flats) will receive GSTV – S&CC rebates to offset between 1.5 and 3.5 months of their S&CC each year.

About 950,000 Singaporean households in HDB flats will receive their quarterly GSTV – U-Save and GSTV – S&CC rebates in April 2023.

In an announcement on 31 March (Friday), the Ministry of Finance said that in FY2023, eligible households will receive double their regular U-Save – amounting to about eight to 10 months’ worth of utility bills for the average household living in one- and two-room HDB flats, and about four to six months’ worth of utility bills for the average household living in three- and four-room HDB flats.

The ministry added that eligible households will also receive GSTV – S&CC rebates to offset between 1.5 and 3.5 months of their S&CC each year. These rebates are disbursed in April 2023, July 2023, October 2023, and January 2024, and will be credited directly into households’ S&CC accounts managed by their respective Town Councils.

No action is required for eligible households to receive these benefits.

An overview of the benefits is as follows:

GSTV – U-Save for FY2023

Similar to the S&CC payouts, the additional rebates for the GSTV – U-Save will be credited to eligible households at the same time as their regular GSTV – U-Save, in the usual quarters of April 2023, July 2023, October 2023, and January 2024.

GSTV – S&CC for FY2023

It should be noted that for both benefits, households with members who own more than one property will not be eligible.

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Image / Ministry of Finance Singapore