Introduced in 2012 Budget, the GST Voucher Scheme has several components targeted to provide assistance. The GSTV-Cash helps pay cash directly to help offset daily living expenses.
GSTV-MediSave tops up the MediSave accounts of qualifying seniors to meet their health needs. GSTV-U-Save gives rebates on utility bills for eligible HDB households. GSTV-Service and Conservancy Charges (S&CC) Rebates help with the maintenance fee for HDB flats.
Eligibility Criteria for 2025-2026
An applicant must fulfil the following requirements to qualify for the GST Voucher in 2025. Applicants must be Singaporean citizens residing in Singapore who, in 2025, are 21 years of age and above.
An applicant’s assessable income for the Year of Assessment 2024 must not exceed $34,000. No more than one property shall be owned by the applicants. The residence annual value as assessed on 31 December 2024 should not be more than $25,000. These criteria ensure assistance is given to those who need it most.
Amount paid out in 2025
The GST Voucher payout for the year 2025 will be in the following amount.
- GSTV-Cash: Eligible individuals receive the cash payouts under this scheme based on income and the annual value of their residence. Those with an annual income of $34,000 or less will receive $850 if their home’s annual value is $21,000 or lower, and $450 if the annual value is in the range of $21,001-$25,000.
- GSTV-MediSave: Eligible persons are paid top-ups of MediSave accounts to help older persons aged 65 years and above meet their healthcare needs. Senior citizens aged 65 to 74 years will receive $250 for homes valued at $21,000 or below, and $150 for those with an annual value between $21,001 and $25,000.
- Seniors aged 75-84 will receive $350 for homes valued at $21,000 or below, and $250 for those with an annual value between $21,001 and $25,000. Seniors aged 85 and above will receive $450 for homes valued at $21,000 or below and $350 for homes with an annual value of $21,001 to $25,000.
- GSTV-U-Save provides quarterly utility rebates for eligible HDB households. One- and two-room flat owners will receive $95 per quarter, three-room flat owners will receive $85, four-room flat owners will receive $75, five-room flat owners will receive $65, and executive flat owners will receive $55. The rebates are credited directly to the utilities account of the household.
Important Dates for 2025-2026
For applicants applying for the first time, June 20, 2025, is the closing date for the application, to be eligible for payment in August 2025. In August 2025, GSTV – Cash and MediSave will be disbursed. In addition, GSTV – U-Save will be credited quarterly in January, April, July, and October 2025. Timely applications are very important, along with accurate information, for the early disbursement.
Application Procedures
Existing beneficiaries will not have to do anything; payments will just be processed. New applications will have to be made by those applicants who are not beneficiaries; they will first have to register online using Singpass and fill in an application form stating personal information, financial details, and their bank account for crediting. Applicants are encouraged to register for PayNow-NRIC so payments can be made faster.
Recent Updates and Improvements
To help Singaporeans cope with the high cost of living, the government has stepped up support to provide Community Development Council (CDC) Vouchers for all Singaporean households for immediate expenses. Under the Enhanced U-Save Rebates scheme, U-Save rebates will be doubled this year with enhancements of up to $760 for the financial year.
Child LifeSG Credits of $500 per eligible child 12 and below will also be given to support child-related expenses. A $500 top-up will be provided to Singaporeans aged 13 to 20 to help with education requirements through the Edusave and Post-Secondary Education Account top-up scheme. This is a generous way of giving assistance to all families in the adverse economic situation.
Conclusion
The GST Voucher Scheme for 2025-2026 continues to be an important means of giving support to Singaporeans in terms of offsetting GST charges and living expenditure. All eligible persons and households are encouraged to find out more about the scheme, keep track of the application deadlines, and ensure that bank account details are updated for easy receiving of benefits.