In 2025, Singapore will disburse a cash payout of up to S$850 through the Goods and Services Tax Voucher (GSTV) scheme.
This initiative is part of a comprehensive government response to rising living costs and inflation following recent tax changes.
Introduced under Budget 2025, this payout is structured to directly benefit low- and middle-income Singaporeans.
What Is the GST Voucher Scheme?
The GST Voucher Scheme is a financial assistance program designed to support eligible citizens by mitigating the impact of the Goods and Services Tax (GST). It includes three main components:
- Cash payouts (up to S$850)
- MediSave top-ups
- U-Save rebates for utilities
The 2025 edition continues this multi-pronged approach, especially focusing on offsetting the increased cost of living and ensuring the system remains fair and progressive.
Eligibility Criteria for S$850 GST Voucher Cash Payout
To receive the full S$850 GSTV cash payout, the following criteria must be met:
Eligibility Factor | Requirement |
---|---|
Citizenship | Must be a Singapore citizen |
Age | At least 21 years old in 2025 |
Income | Assessable income of S$34,000 or less for YA2024 |
Annual Value (AV) of Property | ≤ S$21,000 for full payout; S$21,001–S$31,000 for S$450 |
Property Ownership | Must not own more than one property |
This targeted approach ensures the payout reaches citizens who most need assistance managing daily expenses like food, utilities, and transportation.
READ MORE: Singapore’s New Workfare Scheme- Here’s What Low-Income Workers Can Benefit From
How to Apply for the GST Voucher in 2025
Existing Beneficiaries
Current GST Voucher recipients with unchanged banking information will automatically receive the payout. No action is needed unless updates are required.
New Applicants or Updates Required
New recipients or those needing to update account details should:
- Visit govbenefits.gov.sg
- Log in with Singpass
- Update bank account details
- Link NRIC to PayNow for faster disbursement
- Submit the form by July 9, 2025
Late submissions may result in delayed payouts, processed only by the end of the following month.
Disbursement Timeline and Methods
Disbursement Method | Date |
---|---|
PayNow (linked to NRIC) | August 1, 2025 |
Bank transfer (without PayNow) | August 12, 2025 |
GovCash (via OCBC ATMs) | August 22, 2025 |
Beneficiaries should ensure that all personal and banking details are accurate and updated to avoid delays.
Additional Support for 2025
The GST Voucher cash payout is one part of a larger suite of benefits announced under Budget 2025:
MediSave Top-Ups
- Up to S$450 credited to the CPF MediSave account
- Available to around 650,000 citizens aged 65 and above
SG60 Vouchers
- Celebrating Singapore’s 60th year of independence
- Citizens aged 21+ receive S$600, and those aged 60+ receive an extra S$200
CDC Vouchers
- Total of S$800 in vouchers per household
- S$500 in May 2025
- S$300 in January 2026
U-Save Rebates
- Rebates of S$95–S$380, depending on HDB flat type, to reduce utility expenses
Making the Most of These Government Benefits
Singaporeans can maximize financial assistance by:
- Keeping bank and NRIC details updated
- Applying for additional schemes like CDC vouchers and SG60 payouts
- Monitoring deadlines for disbursement windows
- Using Singpass for easy and secure access to govbenefits.gov.sg
The S$850 GST Voucher payout in 2025 is a vital relief measure to help Singaporeans cope with inflation and higher living costs.
With multiple additional schemes such as MediSave top-ups, SG60 vouchers, CDC vouchers, and U-Save rebates, the government aims to build a strong support network.
By staying informed, updating details on the government portal, and applying on time, eligible citizens can maximize the benefits and ease their financial burdens in the coming year.
FAQs
Who qualifies for the full S$850 payout?
Singaporeans aged 21+ in 2025, earning ≤ S$34,000 annually, living in properties with AV ≤ S$21,000.
What happens if I miss the application deadline?
Late applications will still be processed but payouts may be delayed by up to a month.
Is PayNow mandatory for receiving the payout?
PayNow speeds up the disbursement but is not mandatory. Alternatives include bank transfers or GovCash collection.