In August 2025, eligible Singaporean adults will receive a GST Voucher (GSTV) – Cash payout of up to $850 to help with cost-of-living expenses. Payments are based on 2024 assessable income and home annual value, with disbursement starting from August 6, 2025, for those with linked PayNow accounts.
GST Voucher – Cash
You must be aged 21 and above in 2025; Your Income Earned in 2023 as assessed by IRAS (Assessable Income (AI) for the Year of Assessment (YA) 2024) must not exceed $39,000; The Annual Value (AV) of your home (as indicated on your NRIC) as at 31 December 2024 must not exceed $31,000; and.
If the CRA determines that you are eligible for the GST/HST credit based on your 2024 tax return and that you will receive payments, you will receive a GST/HST credit notice in July 2025. It will show how much you will get and what information was used to calculate the amount.
Assessable income for the Assessment Year (AY) 2024 must not exceed $39,000. Must not own more than one property. If the annual value (AV) of your home is up to $21,000 as of 31 December 2024, then you're eligible for $850.
All adult Singaporeans born between 1966 and 2004 (aged 21 to 59 in 2025) will receive $600, while those born in 1965 and earlier (aged 60 and above in 2025) will receive $800. The higher quantum for seniors recognises their long-standing contributions to Singapore's growth and success.
All Singapore Citizens (SCs) aged 21 and above in 2025 will receive $600 in SG60 Vouchers. SC seniors aged 60 and above in 2025 will receive $200 more – a total of $800 in SG60 Vouchers. See Table 1 for more details.
About 3 million adult Singaporeans to receive Assurance Package (AP) Cash in December 2025. Adult Singaporeans aged 21 and above in 2026 will receive between $100 – $600 in cash payments from 5 December 2025 onwards under the enhanced Assurance Package (AP).
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
You, your loved ones, employers, or community members, can make cash top-ups to your CPF Retirement Account, to boost your monthly payouts in retirement. * There will be a lifetime cap of $20,000 for grants on top-ups made in 2025 and beyond. To qualify, you must: Be Singaporean and aged 55 and above^
The GST reforms in India are have been rolled out since 22nd September 2025 through central tax notifications, as stated by Prime Minister Narendra Modi. The Centre's GST reform now have a simplified two-slab structure of 5% and 18%, and a special 40% slab for sin and luxury goods.
What are the new changes in GST 2025? Starting September 22, 2025, GST in India will be simplified to primarily two rates: 5% and 18%, with a special 40% rate on luxury and sin goods like tobacco and high-end vehicles.
When to expect your refund. You can claim a refund if your net tax (line 109 of your GST/HST return) is a negative amount. We normally issue refunds within 4 weeks of receiving your return.
Manual > Track Payment Status (Pre Login)
If your overall GST/HST credit for 2025 amounts to less than $50 per quarter, the Canada Revenue Agency (CRA) will provide you with a one-time payment on July 3.
You can claim a GST refund in the following situations, when additional tax is paid or deposited due to errors or omissions. When dealers and deemed export goods or services are subject to refund or refund. Refunds can also be made for purchases made by UN agencies or embassies.
You must be aged 20 and below, or 55 and above, in the disbursement year. Lower-income senior Singapore citizens will receive cash payments of $600 to $900 through the AP Seniors' Bonus. The AP Seniors' Bonus will be disbursed over three years, from 2023 to 2025. The last disbursement was made in February 2025.
The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 71 million Social Security beneficiaries in January 2026. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2025.
Seniors can get free groceries through government programs like SNAP (Food Stamps) and the Commodity Supplemental Food Program (CSFP), which provide monthly food or funds; local food banks and pantries offering free boxes or shopping experiences; Meals on Wheels for home-delivered meals; and the Senior Farmers' Market Nutrition Program (SFMNP) for fresh produce vouchers, with many resources found via Feeding America or the National Council on Aging's BenefitsCheckUp tool.
Modes of Payment for the 2025 GSTV – Cash
By doing so, eligible citizens will receive their GSTV – Cash earlier, from 6 August 2025. Citizens without PayNow-NRIC linked bank accounts but have a DBS/POSB, OCBC, or UOB bank account, may provide their bank account information at the govbenefits website by 28 July 2025.
General Benchmarks. One survey estimated that ~S$1 million in savings is needed to retire “comfortably” in Singapore. In terms of monthly spending, retirees today spend anywhere from S$1,200 (basic) to S$3,500 (comfortable) per month. As of 2023, an average retiree spends approximately S$2,000 per month.
As announced in Budget 2025, all Singaporean households will receive an additional $800 in CDC Vouchers to help with daily expenses. The vouchers are distributed in two tranches — $500 in May 2025 and $300 in January 2026.
Monthly payouts
The payout eligibility age is currently 65. You can set aside the: Basic Retirement Sum, if you own a property with a remaining lease that can last you till 95, or. Full Retirement Sum.
Eligible recipients will automatically receive their payments starting from 6 Aug 2025 onwards if they have signed up for these schemes previously. To check if you are eligible, visit govbenefits.gov.sg and login with your Singpass.
Singapore Citizens (SC) or Permanent Residents (PR) whose address is registered at an HDB flat and SCs registered at a private residential property are eligible to claim the $300 and $100 Climate Vouchers under the enhanced Climate Friendly Households Programme.