Singaporeans can now donate remaining CDC vouchers expiring on Dec 31 to charities
Donations can be done from now till Jan 31.
Those who still have remaining Community Development Council (CDC) vouchers from 2021 and 2022 expiring on Dec 31 can consider donating it to charities.
The donation scheme, announced on Tuesday (Dec 20), came after the CDCs received feedback that some households would like to share the balance amount of their vouchers with those who might need it more amid concerns over the rising cost of living.
Donations can be done till Jan 31. Singaporeans can donate the vouchers to a preferred charity – which is also an Institution of Public Character (IPC) – of their choice at the CDC Vouchers Scheme website.
IPCs are exempt or registered charities that can provide tax deductions for donations, depending on their policies.
The CDC vouchers will be donated in cash value, instead of vouchers. Tax deduction may be provided by the respective charities, depending on its policy, and will be reflected in the Year of Assessment 2023.
Most Singaporean households have claimed their CDC Vouchers as of Dec 20, with 1.2 million claiming their CDC Vouchers 2021 and 1.16 million claiming their CDC Vouchers 2022, said the PA.
In total, more than $218 million worth of CDC Vouchers 2021 and 2022 have been spent at close to 20,000 participating hawkers and heartland merchants.
Next year, households will be given $300 worth of vouchers in early January, of which half can be spent at supermarkets, and the other half at hawkers and heartland merchants.
More details will be announced on Jan 3, when the CDC Vouchers Scheme 2023 is launched by Deputy Prime Minister Lawrence Wong.