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GST Offset Package to benefit 800,000 households
By Aaron W-Tan, Channel NewsAsia | Posted: 24 May 2007 1733 hrs

 
 
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SINGAPORE: Residents in some 800,000 HDB households will soon receive a letter informing them how much they will save on their utility bills.

The eligible households will receive S$210 million worth of Service and Conservancy Charges (S&CC), Rental and Utilities-Save (U-Save) rebates.

This is part of the GST Offset Package which was announced in this year's Budget Statement.

Smaller flats will get waivers for a longer period.

For example, one-room units will get S&CC rebates and Rental rebates for four months starting in June.

They will also get S$220 worth of U-Save rebates.

The Finance Ministry said these rebates would cost the government S$800 million over five years.


- CNA/so


 

 



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