In a timely move to ease financial burdens amid rising costs, the Singaporean government has announced that eligible citizens can claim up to $850 in June 2025 through the GST Voucher (GSTV) scheme.
Designed to help low- and middle-income households, this payout supports day-to-day expenses such as food, transport, rent, and utilities.
This article outlines who qualifies, how the payment will be distributed, and the fastest way to ensure you receive it without delay.
Overview of the $850 GST Voucher Scheme
The GST Voucher payout is a critical component of Singapore’s effort to cushion the financial impact of rising GST rates and inflation. The GSTV scheme has been in place since 2012 and provides annual benefits in the form of cash, Medisave top-ups, and U-Save rebates.
The June 2025 payment is a cash payout of up to $850 and will be disbursed directly to eligible Singaporeans.
Eligibility Criteria for the $850 GSTV Payout
Eligibility Criteria | Requirement |
---|---|
Citizenship | Must be a Singaporean citizen |
Residency | Must be residing in Singapore |
Age | Must be 21 years or older in 2025 |
Assessable Income | $34,000 or less (as per YA 2024) |
Annual Value of Residence (AV) | $31,000 or less based on 2024 property AV |
Property Ownership | Must not own more than one property |
These criteria ensure that only qualifying lower- and middle-income residents benefit from the scheme.
Fastest Way to Receive Your Payout
The government has simplified the distribution process with no manual application required. However, there are essential steps to follow to avoid delays and receive funds quickly.
1. Link NRIC to PayNow
- Fastest method of payment
- Funds are credited directly and quickly into PayNow-linked bank accounts
- Ensure your NRIC is linked to your PayNow profile via a participating bank
2. Update Bank Details by June 20
- If PayNow is not set up, make sure valid bank details are updated on the GSTV portal
- Outdated or incorrect details can delay your payout
3. Use GovCash if Unbanked
- For those without bank accounts, funds will be available via GovCash
- Can be withdrawn from OCBC ATMs islandwide
- Requires facial verification and Payment Reference Number (PRN) via Singpass app or SMS
Payment Timeline and Key Deadlines
Action | Deadline/Date |
---|---|
Update bank/PayNow details | By June 20, 2025 |
GST Voucher payout begins | Late June 2025 |
GovCash withdrawals available | After payout release |
Make sure to meet the June 20 deadline to receive your money without delays.
Why This Matters
The $850 payout will help thousands of Singaporeans offset increased living costs caused by GST hikes and inflation. The scheme continues to reflect the government’s ongoing commitment to ensuring no citizen is left behind in times of economic change.
Singapore’s $850 GST Voucher payout in 2025 provides essential relief for low- and middle-income households. With simple steps like updating bank info and linking NRIC to PayNow, eligible citizens can receive their payment swiftly.
Stay informed and act early to ensure you get your share on time.
FAQs
Do I need to apply to receive the GST Voucher payout?
No, eligible citizens will receive it automatically. Just ensure your PayNow or bank details are up to date.
Can I still receive the payout if I don’t have a bank account?
Yes. You will receive your payment through GovCash, which can be accessed via OCBC ATMs using facial verification.
What if I recently changed my property or income status?
Update your information through the GSTV e-services portal before June 20, 2025, to avoid delays or disqualification.