, Singapore
536 views

Lower, middle-income residents to receive GST, CDC vouchers in early 2023

About 950,000 HDB flats residents will get vouchers in January and February 2023.

To mitigate GST and growing living costs, lower to middle-income households living in HDB flats will receive GST vouchers, and u-save and service and conservancy charges (S&CC) rebates in January 2023.

Ministry of Finance announced that over 950,000 households will receive GSTV to S&CC rebates to offset between 1.5 and 3.5 months of their S&CC each year. 

Aside from the rebates and vouchers, eligible households will receive more benefits from January to February 2023. 

This includes a total of $300 community development council (CDC) vouchers, composed of $200 CDC vouchers under the AP and $100 CDC vouchers from the $1.5b support package which was revealed in October 2022. Households will receive the benefit on 3 January.

Next month, lower-income seniors aged 55 years and above will get up to $300 cash, under the GSTV – cash.

Also, in February 2023, qualified seniors aged 55 years and above, and children aged 20 years and below will receive $150 in their CPF medisave account under the AP MediSave.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.