The GST Voucher 2025 is part of Singapore’s long-standing initiative to provide financial assistance to its citizens, particularly those from lower- and middle-income households. It aims to cushion the impact of the Goods and Services Tax (GST) on essential expenses. The government has confirmed that the payouts for the 2025 scheme will begin in August 2025, with several enhancements in the payout amounts compared to previous years.
This article covers everything you need to know about the upcoming GST Voucher 2025, including payout schedules, eligibility criteria, category-wise amounts, and frequently asked questions.
Short Summary Table
| Topic | Details |
|---|---|
| Scheme Name | GST Voucher (GSTV) 2025 |
| Disbursement Start | April 2025 |
| Main Payout Month | August 2025 |
| Eligibility Age | 21 years and above |
| Annual Income Threshold | $34,000 |
| Home Annual Value Cap | $21,000 |
| Max Cash Benefit | $850 (for eligible seniors) |
| Total Budget 2025 | $1.7 billion |
| Official Website | https://www.gstvoucher.gov.sg |
Overview of GST Voucher 2025
The GST Voucher (GSTV) is a permanent scheme introduced by the Singapore Government to help lower-income Singaporeans manage the rising cost of living and offset the effects of the GST.
Key Components of the GST Voucher Scheme:
-
Cash Payment – Direct financial assistance to eligible individuals.
-
MediSave – Top-ups to CPF MediSave accounts for seniors.
-
U-Save – Rebates on utility bills.
-
Service and Conservancy Charges (S&CC) – Rebates to offset maintenance charges for HDB residents.
GST Voucher 2025 Payout Date
The payouts are scheduled annually and disbursed in phases to avoid confusion. The GSTV 2025 payouts are expected to follow the timeline below:
| Disbursement Mode | Payout Date |
|---|---|
| PayNow (linked to NRIC) | 1st April 2025 |
| Bank Crediting | 11th April 2025 |
| GovCash (via OCBC ATM) | 21st April 2025 |
Note: The government recommends linking your NRIC to PayNow to receive payments faster and securely.
GST Voucher 2025 Payout Amount
The amount one receives under the GST Voucher depends on income level, age, and property ownership. The enhanced payout structure for 2025 is as follows:
Cash Payout
| Annual Income | Age Group | Payout Amount (Feb 2025) |
|---|---|---|
| Up to $21,000 | 55 to 64 years | $250 |
| Up to $21,000 | 65 years and above | $300 |
| Above $21,000 | 55 to 64 years | $200 |
| Above $21,000 | 65 years and above | $200 |
Additional U-Save Rebate (for homeowners with no property tax liability)
| HDB Flat Type | Existing Voucher | Additional Voucher | Total |
|---|---|---|---|
| 1-2 Room | $95 | $95 | $190 |
| 3-4 Room | $85 | $85 | $170 |
| 5 Room | $65 | $65 | $130 |
| Executive | $55 | $55 | $110 |
Enhanced Budget and GST Rate Adjustment
With the expected rise in carbon and fuel tax rates, the government has also decided to increase the GST rate from 8% to 9% starting April 2025. To balance this, the GST Voucher fund has been significantly increased:
-
2024 Fund Allocation: $530 million
-
2025 Fund Allocation: $1.7 billion
This reflects the government’s commitment to ensuring financial relief for households most affected by inflation and tax hikes.
GST Voucher Eligibility Criteria 2025
To qualify for the GSTV 2025, individuals must meet the following criteria:
| Eligibility Factor | Requirement |
|---|---|
| Age | Must be 21 years or older |
| Citizenship | Must be a Singapore Citizen |
| Residency | Must reside in Singapore for at least 3 years |
| Annual Home Value (AV) | AV should not exceed $21,000 |
| Annual Assessable Income | Must not exceed $34,000 |
| Property Ownership | Must not own more than one property |
| No Overlapping Benefits | Not receiving other specific government allowances |
How to Apply for GST Voucher 2025
-
Check Eligibility via official GST Voucher portal.
-
Link Your NRIC to PayNow for faster payouts.
-
Update your income and property status if there are any changes.
-
Submit the necessary forms before the cut-off date in April 2025.
1. Who is eligible for GST Voucher 2025?
Eligible individuals must be Singapore citizens aged 21 and above, with income not exceeding $34,000 and an annual home value under $21,000. Additional criteria on residency and property ownership also apply.
2. How much can I receive from the GST Voucher scheme?
Amounts vary based on income, age, and property type. Cash payouts can go up to $850, and U-Save rebates vary by flat type.
3. When will I get my GST Voucher payout?
Payouts begin from April 1, 2025, depending on the chosen disbursement method. Final cash deposits are scheduled by August 2025.
4. Is there an increase in the GST rate?
Yes, the GST rate will increase from 8% to 9% starting April 2025. The voucher is enhanced to help offset the impact.
5. Do I need to reapply every year?
Generally, no. However, if your income, address, or property ownership status changes, you must update your records on the GSTV portal.
Click here to know more.