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How Budget 2021 will support families
How Budget 2021 will support families
There will be a $900 million Household Support Package to help families
min read Published on 16 Feb 2021
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In the 2021 Budget Statement, Deputy Prime Minister and Minister for Finance Heng Swee Keat announced measures to strengthen support for families amidst an uncertain economic situation. The Household Support Package, which will cost about $900 million, will provide support to all families, particularly lower- to middle-income families.

Household Support Package

  • An additional one-off GST Voucher – Cash Special Payment of $200 for all Singaporeans who are eligible for GST Voucher – Cash
  • GST Voucher – U-Save Special Payment for eligible HDB households, amounting to an additional 50% U-Save rebate over one year. Each household will receive additional utilities rebates of between $120 and $200 this year.
  • Extension of the Service and Conservancy Charges Rebate for all eligible HDB households for another year.
  • Additional top-up of $200 per child through the Child Development Account, Edusave Account, or Post-Secondary Education Account for families with Singaporean children below the age of 21
  • $100 worth of Community Development Council (CDC) Vouchers per household, to be used at participating heartland shops and hawker centres

For Singaporeans who have been badly affected by the pandemic, such as lower-income families, there will be additional support as well. ComLink, an initiative to help families with children who are staying in rental housing, will be expanded significantly to a nationwide programme to eventually cover 14,000 families with children, over the next two years.

 

In addition, there will be further support for children with special needs. The Inclusive Support Programme will be piloted to support children with developmental needs. This programme integrates the provision of early intervention and early childhood services for children who require up to medium levels of early intervention support.

" Ensuring equal opportunities for all, and supporting the needy and vulnerable segments of our society are integral to strengthening our social compact.
We will continue to identify and target groups who may need further support, including emerging groups of workers in more vulnerable areas. "
- DPM Heng Swee Keat during his Budget Statement on 16 February 2021
For more on Budget 2021, visit www.singaporebudget.gov.sg
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