GST Vouchers Update May 2025: How Much Will You Get? Check Full Eligibility & Payment Dates

As Singapore moves forward with its 9% Goods and Services Tax, the government has fine‑tuned the GST Voucher Scheme to provide extra relief for households in May 2025. This update streamlines cash payouts and MediSave top‑ups, ensuring eligible citizens receive timely support for daily expenses, healthcare, and utilities.

With new verification deadlines and earlier status checks, here’s everything you need to know to secure your GSTV entitlements this May.

GST Vouchers Update May 2025: How Much Will You Get? Check Full Eligibility & Payment Dates

Who Qualifies for GST Vouchers in 2025

Eligibility is assessed automatically using existing records. To qualify, you must:

  • Be a Singapore Citizen residing locally

  • Be aged 21 or older in 2025

  • Have an Assessable Income of S$34,000 or less (Year of Assessment 2023)

  • Live in a home with an Annual Value (AV) of S$25,000 or below as of December 31, 2024

  • Own no more than one residential property

Missing or outdated bank or Singpass details may delay your payout.

How Much You Will Receive Under the GST Voucher Scheme

The GSTV consists of two components:

1. GST Voucher – Cash

Cash payouts help adult Singaporeans offset everyday costs:

Income (YA 2023) Property AV Cash Payout
≤ S$34,000 AV ≤ S$21,000 S$850
≤ S$34,000 AV S$21,001–25,000 S$450

2. GST Voucher – MediSave (65+)

MediSave credits support seniors’ medical bills:

Age Group (2025) AV ≤ S$21,000 AV S$21,001–25,000
65–74 S$250 S$150
75–84 S$350 S$250
85+ S$450 S$350

May 2025 Timeline for GSTV Verification

To avoid missing out or being routed to GovCash by default, update your details by the deadlines below:

Activity Deadline
Status Check Portal Opens May 1, 2025
Bank & PayNow Verification Deadline May 15, 2025
Pre‑confirmation Letters Issued May 16–22, 2025
Main Cash Disbursement (August) August 1–15, 2025
MediSave Top‑Up (CPF Credit) August 15, 2025

How to Register or Verify for GST Vouchers

  1. Visit the GSTV Portal
    Go to the official GST Voucher website and log in with your Singpass.

  2. Update Banking Details
    Link your NRIC to PayNow or verify your bank account.

  3. Confirm Property AV
    Ensure your home’s 2024 AV is at or below S$25,000.

  4. Review Income Records
    Check that your YA 2023 tax filings are complete and accepted.

  5. Submit Changes by May 15, 2025
    Finalize any updates before the verification deadline.

FAQs

When will GST Voucher payouts be made in 2025?

Main cash and MediSave credits are scheduled for August 1–15 and August 15, respectively, but verification and pre‑checks occur in May.

How much cash can I receive under GSTV?

You may get S$850 or S$450 in cash, depending on your income and property AV.

Do I need to apply for GST Vouchers?

No. Eligibility is automatically determined, but you must update your bank and PayNow details by May 15.

Can I receive both cash and MediSave top‑ups?

Yes. Seniors aged 65+ who qualify will receive both components.

What if I own more than one property?

Owning more than one residential property disqualifies you from GSTV.

How do I update PayNow for GSTV?

In your banking app, link your NRIC to PayNow before May 15 to receive cash payouts directly.

Click here to know more.

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