Monday, December 27, 2010

Vote Buying Begins....$50million

Expect more goodies coming your way my fellow Singaporeans...

This is only the start!!!


SINGAPORE: About 800,000 Singaporean HDB households can expect to receive about S$50m worth of Utilities-Save (U-Save) rebates in January 2011.

The payout is part of the S$80m of U-Save rebates which the government will give out in 2011.

The second tranche of S$30 million of rebates will be paid out in July 2011.

A Singaporean household may receive up to S$190 worth of U-Save rebates in 2011, depending on HDB flat type.

Those living in 1-room and 2-room HDB flats, for example, will get U-Save rebates which will offset approximately 20% of their annual utility bills on average.

The U-Save rebates are part of the S$4 billion GST Offset Package to help Singaporeans, especially low and middle-income households, cope with the higher cost of living.

These rebates can be used to offset utility charges directly. The amount of rebates will be reflected in the utility bills for January and July 2011 for all eligible households.

- CNA/ir

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