SINGAPORE — The government will provide $900 million under the Household Support package to give additional support for families amid the economic uncertainty, said Deputy Prime Minister and Finance Minister Heng Swee Keat in his Budget 2021 statement in Parliament on Tuesday (16 February).
Each Singaporean household will get $100 Community Development Council (CDC) Vouchers to be used in participating heartland shops and hawker centres.
All lower-income Singaporeans who quality for the GST Voucher-Cash will get an additional special payment of $200 each in June this year.
Eligible HDB households will get an additional 50 per cent of their regular GST Voucher–U-save over one year, or between $120 and $200 of utilities rebates, in April and July.
Eligible Singaporean households living in HDB flats will get rebates to offset between 1.5 and 3.5 months of Service and Conservancy charges over a year. This will be disbursed in April, July and October this year, and January next year.
Singaporean children below 21 this year will be eligible for an additional one-off top-up of $200 to their Child Development Account, Edusave Account and Post-Secondary Education Account. The top-up for the latter two accounts will be in effect in May while the top-up for the Child Development Account will happen in September.
Stay in the know on-the-go: Join Yahoo Singapore's Telegram channel at http://t.me/YahooSingapore
For more Budget 2021 updates: http://yhoo.it/37A35Rd