Serious PAP raises utility rates, then give GST voucher to offset it, what kind of sick govt

[h=1]860,000 HDB households to get GST vouchers to offset utilities bills[/h]

• Posted 01 Jan 2017 10:38
• Updated 01 Jan 2017 10:40

HDB flats in Singapore. (TODAY file photo)

SINGAPORE: About 860,000 Singaporean HDB households will receive the next instalment of the GST voucher – Utilities-Save (U-Save) rebate this month, the Ministry of Finance (MOF) announced on Sunday (Jan 1).

Annually, on average, those living in 1- and 2-room HDB flats are able to offset about 3 to 4 months of utilities bills with their regular GST voucher – U-Save whilst those living in 3- and 4-room HDB flats, about 1 to 2 months of utilities bills, MOF said.

The U-Save rebate helps HDB households offset part of their utilities bills, and serves to lower overall household expenses. It is distributed every quarter and expected to cost S$190 million annually.

Eligible Singaporean households will each receive a GST voucher – U-Save of up to S$65, depending on their HDB flat type.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Totally sick govt

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

really waste lots of manpower and paper.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Left hand give you $1, right hand take back $2. Gong cheebye 70% voted for this shit.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

GST is to help the poor.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Here is their financial highlights copied from their website,

Revenue

FY 15/16 S$3,964M
FY 14/15 S$4,840M
FY 13/14 S$4,793M

Net Profit After Tax

FY 15/16 S$924M
FY 14/15 S$991M
FY 13/14 S$922M

Return on Equity

FY 15/16 10.5%
FY 14/15 11.2%
FY 13/14 10.4%

Do a simple calculation, say at 5.7million population, each one contributed S$162 toward S$924M after tax profit.

So is give you S$65 but collected back S$162.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

GST hike akan datang?

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

I just want to know how many sinkies actually believe this shit? Give GST voucher to them, a measly few bucks, after having raised so many other things. Does that make sense at all?

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Papsmearer said:

I just want to know how many sinkies actually believe this shit? Give GST voucher to them, a measly few bucks, after having raised so many other things. Does that make sense at all?

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70% r happy

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

frenchbriefs said:

GST is to help the poor.

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Getting more FTs to work in Singapore creates more jobs for Singaporeans.

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

households hor, not individuals.

if one household has 5 people, each person only gets a paltry $10+ per quarter!

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

ckmpd said:

Totally sick govt

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very sick but like M Ravi, does not know it is sick......... maybe thinks it is others who are sick

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Reddog said:

Getting more FTs to work in Singapore creates more jobs for Singaporeans.

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this sickness ..... phychotic

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

frenchbriefs said:

GST is to help the poor.

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datz keling talk........ now in Delhi teaching another ah neh.............................

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

PAP raises Medishield Life premiums and then give subsidies for a few years. After end of subsidy, you pay the full increased sum

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Hans168 said:

very sick but like M Ravi, does not know it is sick......... maybe thinks it is others who are sick

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PAP thinks Singaporeans are spoilt and sick

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

aerobwala said:

Here is their financial highlights copied from their website,

Revenue

FY 15/16 S$3,964M
FY 14/15 S$4,840M
FY 13/14 S$4,793M

Net Profit After Tax

FY 15/16 S$924M
FY 14/15 S$991M
FY 13/14 S$922M

Return on Equity

FY 15/16 10.5%
FY 14/15 11.2%
FY 13/14 10.4%

Do a simple calculation, say at 5.7million population, each one contributed S$162 toward S$924M after tax profit.

So is give you S$65 but collected back S$162.

Click to expand...

amazing their revenue and profit is so steady,i want to buy their share,what company is it?

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

Totally sick and hypocritical bastards.Collect $10.00 and give back $1.00 to show the world how benevolent they are.Down with the blood-suckers!

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

batman1 said:

Totally sick and hypocritical bastards.Collect $10.00 and give back $1.00 to show the world how benevolent they are.Down with the blood-suckers!

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That's pap's modus operandi

Re: PAP raises utility rates, then give GST voucher to offset it, what kind of sick g

For those that forgot, this is what I mean. Raise the rates 9.2% at a time when energy prices going down all over the world, and now give you GST voucher like they are your best friend. Fucking PAP.

[h=1]Electricity tariffs for Jul to Sep 2016 to rise by 9.2%: SP Services[/h]

• Posted 30 Jun 2016 17:16
• Updated 30 Jun 2016 17:20

The Singapore skyline at night. (File photo: TODAY)

SINGAPORE: The electricity tariffs for the third quarter of 2016 will increase by an average of 9.2 per cent, or 1.59 cents per kilowatt-hour (kWh), compared to the previous quarter.
In a press release on Thursday (Jun 30), SP Services said that this was largely due to the cost of natural gas for electricity generation, which rose by 26 per cent compared to second quarter 2016. It was partly offset by lower non-fuel costs, notwithstanding an increase in Market Support Services fee to meet higher market system and development costs, it added.
Electricity tariff for households will increase from 17.68 to 19.27 cents per kWh for Jul 1 to Sep 30 this year, SP Services said. The average monthly bill for families living in 4-room flats is expected to increase by S$6.79.
SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA). The new tariffs have been approved by the EMA.