Finance

Singaporeans Could Get $850 in Cash — But Only If They Do This

Singaporeans can receive up to S$850 in cash in 2025 through the GST Voucher – Cash scheme. Designed to support lower- and middle-income individuals, this payout offers real financial relief — but only for those who qualify and register on time.

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ISingaporeans Could Get $850 in Cash: n 2025, Singaporeans could receive up to S$850 in cash under the GST Voucher (GSTV) – Cash scheme — a national effort to support citizens with rising living costs.

Singaporeans Could Get $850 in Cash
Singaporeans Could Get $850 in Cash

But there’s a catch: you must meet specific eligibility conditions and register by the deadline. If you don’t, you could miss out on a generous payout that could help with daily essentials, utility bills, or savings.

Singaporeans Could Get $850 in Cash

FeatureDetails
Maximum PayoutS$850
Eligibility Age21 years and above in 2025
Assessable Income (AI)≤ S$34,000 (YA 2024)
Property OwnershipOwn 0 or 1 property only
Annual Value (AV) of Home≤ S$25,000 as of 31 Dec 2024
Disbursement PeriodAugust 2025
Application Deadline20 June 2025
Where to ApplyVia government benefits portal or Singpass app

The GST Voucher – Cash 2025 is a direct and meaningful way the government is helping Singaporeans cope with inflation and everyday costs. Whether you’re a working adult, a retiree, or a student supporting your family, this tax-free payout can offer real relief — but only if you act in time.

What Is the GST Voucher – Cash Scheme?

The GSTV – Cash scheme is part of Singapore’s approach to maintaining a fair and inclusive tax system. By redistributing part of the tax collected, the government provides direct financial aid to individuals who are more affected by consumption-based taxes.

This cash payout is tax-free, does not need to be repaid, and won’t affect your eligibility for other government assistance like Workfare or Silver Support.

Who Qualifies? (Eligibility Criteria)

To receive the full S$850, you must meet all of the following:

  • Be a Singapore citizen residing in Singapore
  • Be 21 years or older in 2025
  • Have an Assessable Income (AI) of S$34,000 or less for the Year of Assessment 2024 (i.e., income earned in 2023)
  • Own no more than one property
  • Live in a property with an Annual Value (AV) of S$25,000 or less as of 31 December 2024

How much will you get?

Annual Value of HomeCash Payout
Up to S$21,000S$850
S$21,001 – S$25,000S$450

You can check your home’s AV online through the government’s property tax portal.

Singaporeans Could Get $850 in Cash Apply or Register

Already Received GSTV Before?

Good news — you’re automatically enrolled. No need to apply again.

First-Time Applicants?

  • Visit the government benefits portal or use the Singpass app
  • Log in with your Singpass
  • Complete the registration by 20 June 2025
  • Ensure your bank account or PayNow-NRIC details are up to date

Tip: You can also check how much support you’re likely to get using a budget support calculator available on official digital services.

How Will You Get Paid?

Payout Schedule (August 2025):

MethodDisbursement Date
PayNow-NRICFrom 1 August
Bank CreditingFrom 12 August
GovCash (via OCBC ATMs)From 22 August

Fastest method: Link your NRIC to PayNow by 21 July 2025.

If you choose GovCash and don’t have a bank account, you can withdraw cash at ATMs using facial verification.

Use Your Singpass App

The Singpass mobile app is a secure and convenient tool for:

  • Checking your GSTV eligibility
  • Viewing your payout status
  • Updating personal details

Everything is mobile-accessible and designed to make managing your government benefits easier.

Real-Life Examples: Who Gets What?

John, 33, Technician

  • Income: S$28,000
  • HDB flat AV: S$20,000
  • Gets: S$850

Aunty Mei, 65, Retired

  • Income: S$0
  • HDB 1-room flat AV: S$7,800
  • Gets: S$850 + other senior support

Rachel, 29, Nurse

  • Income: S$36,000
  • Condo AV: S$28,000
  • Not eligible (exceeds both AV and income limits)

Expert Tips to Maximise Your Payout

  • Check your eligibility early — don’t assume!
  • Update bank and PayNow details to receive funds faster
  • Combine this with other support like U-Save and CDC Vouchers
  • Plan how to use it: top up CPF, repay loans, or save for emergencies

Common Mistakes to Avoid

  • Missing the 20 June deadline
  • Not linking your NRIC to PayNow
  • Entering the wrong bank account
  • Assuming your previous year’s income still qualifies you — always check again

Up to $900 for Singapore’s Seniors in 2025 – Check Eligibility Criteria and Payment Dates!

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How to Apply for Singapore’s $6,000 SkillsFuture JS Scheme – Check Eligibility Criteria!

Bonus: Additional Support in 2025

The GSTV – Cash is just one of several support measures available:

Assurance Package – Cash

Eligible individuals can get up to S$600 more in December 2025.

CDC Vouchers

All households will receive S$800 in CDC Vouchers split across May 2025 and January 2026 — usable at participating hawkers and supermarkets.

U-Save Rebates

HDB households may receive up to S$760 in utilities rebates to offset electricity and water bills.

FAQs On Singaporeans Could Get $850 in Cash

Q: Do I need to pay back the GSTV cash?

A: No. It’s a government grant, not a loan.

Q: I live overseas. Do I still qualify?

A: No. You must reside in Singapore to be eligible.

Q: What if I missed the deadline?

A: You won’t receive the payout this cycle — mark your calendar for next year.

Q: Can I choose how I want to receive the money?

A: Yes — choose PayNow-NRIC, direct bank credit, or GovCash.

Author
Arti LKO

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