Singapore GST Voucher and MediSave Payouts : In August 2025, Singaporean households will receive a meaningful financial boost through the country’s long-standing Goods and Services Tax Voucher (GSTV) scheme. Combined support from the GSTV – Cash and GSTV – MediSave components could amount to up to S$1,300 for those eligible an important gesture aimed at easing both everyday costs and healthcare expenses.
A Lifeline Since 2012: The GST Voucher Scheme
First launched in 2012, the GSTV is a permanent fixture of Singapore’s social safety net. It helps lower- and middle-income citizens offset the financial burden of GST and utility costs. Over the years, the scheme has been regularly updated to keep pace with changing socio-economic needs resulting in adjusted income thresholds and payout levels to ensure continued relevance and inclusivity.
Who Gets the Cash?
Under the GSTV – Cash programme, adults aged 21 and older can receive a one-time payout in August, contingent on their assessable income and where they live:
- Up to S$850 for eligible individuals whose assessable income (for the Year of Assessment 2024) does not exceed S$39,000, who own only one property, and live in a residence with an Annual Value (AV) of S$21,000 or less.
- S$450 if the same criteria are met but the AV of the home is between S$21,001 and S$31,000.
These adjusted thresholds reflect the government’s response to rising household incomes, keeping GSTV support accessible to more citizens.
Who Gets the MediSave Top-Up?
GSTV – MediSave is aimed at Singaporeans aged 65 and above. The top-up is credited directly into their CPF MediSave accounts, providing a vital boost to healthcare savings. The amount varies based on age and property AV:
| Age Group | AV ≤ S$21,000 | AV S$21,001–S$31,000 |
|---|---|---|
| 65–74 | S$250 | S$150 |
| 75–84 | S$350 | S$250 |
| 85 and above | S$450 | S$350 |
As a result, seniors particularly the very elderly receive additional support to meet healthcare costs more effectively.
Combined Support: A Max of S$1,300
For those who qualify for both GSTV components, the combined total can reach S$1,300 blending S$850 in cash with S$450 in MediSave top-ups. This dual benefit underscores the government’s commitment to relieving both immediate living expenses and long-term health needs.
When and How Will Payments Be Made?
Eligible recipients who have previously signed up for government disbursements will receive funds automatically in August. Here’s how the payouts are scheduled:
- GSTV – Cash:
- PayNow‑NRIC linked: from 6 August
- Bank transfer (GIRO): from 15 August
- GovCash (OCBC ATMs): from 22 August
- GSTV – MediSave:
- Automatically credited to CPF MediSave accounts from 11 August
Those who haven’t signed up yet can still do so provided they register before 13 July 2025 and still receive payouts in August. Late sign-ups between 14 July 2025 and 20 June 2026 are processed within two months of registration.
Recap messages will be sent via SMS from “gov.sg”, or via letters if there’s no Singpass-linked mobile number. Importantly, official messages won’t ask for any personal details or link clicks stay alert for scams.
How to Get Ready
To ensure you don’t miss out:
- Link NRIC to PayNow or update your bank details by late July.
- Check your eligibility using the govbenefits portal with Singpass.
- Sign up early if you haven’t already especially before 13 July.
- Be scam-savvy government communications won’t ask for passwords or require you to click links.
A Holistic Support Framework
The GST Voucher isn’t the only help available. Budget 2025 includes additional relief like SG60 vouchers, CDC vouchers, and utility rebates under the Assurance Package so households may receive broader support throughout the year.
Final Thoughts
August’s GSTV payouts especially for those eligible for both the cash and MediSave components offer a vital financial cushion amid rising living costs. Whether you’re young or a senior, this initiative offers both immediate and enduring relief. Stay proactive and informed to ensure you benefit seamlessly.