In a significant move to ease the cost of living for Singaporeans, the government will disburse up to $850 in GST Vouchers (GSTV – Cash) and up to $450 in MediSave top-ups to eligible citizens starting August 2025.
These payouts are part of the permanent GST Voucher scheme, with enhanced eligibility thresholds and streamlined payment processes. Below is an outline of the key details, eligibility criteria, and steps to ensure you receive your benefits.
Over 1.5 million adult Singaporeans are eligible for this programme. Recipients can receive up to $850, depending on their Assessable Income (AI) for YA2024 and the Annual Value (AV) of their home.
A key policy change is that the AI threshold for GSTV – Cash has been increased from $34,000 to $39,000. This change will take effect in August 2025.
| Annual Value of Home (as at 31 Dec 2024) | 2025 GSTV – Cash |
|---|---|
| Up to $21,000 | $850 |
| More than $21,000 and up to $31,000 | $450 |
Approximately 690,000 Singaporean seniors aged 65 and above are eligible for this programme. The amount ranges from $150 to $450, depending on their age and the Annual Value (AV) of their home.
Eligibility: Singaporeans aged 65 and above in 2025, owning 0 to 1 property
| Age of Singaporean in 2025 | Annual Value of Home (as at 31 Dec 2024) | GSTV – MediSave Amount | Payment Date |
|---|---|---|---|
| 65 to 74 | Up to $21,000 | $250 | From 11 August 2025 |
| More than $21,000 and up to $31,000 | $150 | ||
| 75 to 84 | Up to $21,000 | $350 | From 11 August 2025 |
| More than $21,000 and up to $31,000 | $250 | ||
| 85 and above | Up to $21,000 | $450 | From 11 August 2025 |
| More than $21,000 and up to $31,000 | $350 |
$1.5 billion allocated under GSTV – Cash and GSTV – MediSave schemes for FY2025.
| Category | Key Details | Insights |
|---|---|---|
| GSTV – Cash | - Open to Singaporean citizens aged 21 and above. - Must meet the Assessable Income threshold of $39,000 or below for YA2024. - Cannot own more than one property. |
The eligibility criteria target lower-income citizens, promoting financial support for those in need. |
| GSTV – MediSave | - Open to Singaporean seniors aged 65 and above. - Cannot own more than one property. |
MediSave eligibility focuses on senior citizens, ensuring that they receive necessary healthcare support. |
The following banks support PayNow-NRIC for seamless disbursements:
The GSTV – Cash payouts provide direct financial relief to lower- and middle-income Singaporeans. This assistance helps offset daily living expenses.
For seniors, MediSave top-ups offer additional funds for healthcare needs, reducing out-of-pocket medical costs.
The government enhances accessibility by expanding the AI threshold and offering multiple payment modes, ensuring broader access to these critical benefits.
The upcoming GST Voucher disbursements in August 2025 underscore the government’s commitment to supporting Singaporeans amid rising living costs.
With clear eligibility criteria, flexible payment options, and enhanced accessibility, these measures aim to provide meaningful relief to households and seniors alike.
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