If you are eligible for the 2025 GST Voucher (GSTV) – Cash and/or GSTV – MediSave and have signed up for a previous Government payout (e.g., 2024 GSTV), you will automatically receive your 2025 GSTV – Cash and/or GSTV – MediSave in August 2025. No further action is required on your part.
Payment amounts are recalculated every July
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
To receive the 2025 GSTV – MediSave, you must fulfil the following criteria: You must be a Singapore citizen, residing in Singapore; You must be aged 65 and above in 2025; The AV of your home (as indicated on your NRIC) as at 31 December 2024 must not exceed $31,000; and.
Your will receive the GST rebate four times throughout the year—if you qualify for all of them. Eligible individuals receive payments every 4 months (usually on the 5th of July, October, January, and April). These payments include amounts from provincial and territorial programs as well.
The GST/HST credit payment period begins in July and ends in June of the following year: January and April payments. Based on your adjusted family net income from your 2024 tax return. July and October payments.
Goods and Services Tax (GST) 2.0 reform, which came into effect from September 22nd, 2025, brought relief for the common people and boosts for businesses. One of the key GST updates under 2.0 reform is that it simplified the GST tax structure from a 4-slab (5%, 12%, 18% and 28%) to a 3-slab (5%, 18% and 40%).
Altogether, households will receive $800 in CDC Vouchers in Financial Year 2025 – $500 in May and another $300 in January 2026. This was announced in February by Prime Minister and Minister for Finance Lawrence Wong at Budget 2025, as part of the enhancements to the Assurance Package.
GST is a federal tax applied across Canada at a rate of 5%. HST is a combined tax merging GST with PST, applied in certain provinces with varying rates.
In August 2025, over 1.5 million eligible adult Singaporeans will receive up to $850 in cash as part of GSTV – Cash, depending on their AI for the Year of Assessment (YA) 2024 and the Annual Value (AV) of their home.
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.
When your GST/HST credit is paid. You will get your annual GST/HST credit, which was calculated using information from your 2024 tax return, in four payments. The CRA will make these payments on the 5th day of July and October 2025, and of January and April 2026.
Goods and Services Tax (GST) in Singapore is 9% levied on local sales, import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services.
To calculate GST you'll need to know which GST slab the product fits into. The GST slabs are currently set at 5%, 12%, 18% and 28% for most goods and services. To calculate IGST, just multiply the taxable amount by the appropriate GST rate. For an intra-state transaction, you'll need to calculate CGST & SGST/UTGST.
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. The SG60 Vouchers will be disbursed across the month of July.
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%.
The new GST structure at a glance
5% (Merit rate) – Essentials and mass-consumption goods. 18% (Standard rate) – Most other goods and services. 40% (Special rate) – Select luxury and sin goods (e.g., aerated drinks, high-end vehicles, tobacco, casinos, IPL tickets)
20th August 2025
Due to the incessant rains in various parts of Maharashtra, the government has extended GSTR-3B due date for July 2025 from 20th August to 27th August 2025.
Effective October 1st, 2025, a new set of rules for GST return filing will come into effect. This marks the first filing cycle under the GST 2.0 reforms, aimed at improving transparency, control, and accuracy in Input Tax Credit (ITC) management through the Invoice Management System (IMS).
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.