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1.5 million Singaporeans to receive GSTV cash payouts in August

 09/07/2026 2 Views
1.5 million Singaporeans to receive GSTV cash payouts in August


SINGAPORE: About 1.5 million Singaporeans will receive up to S$850 (US$657) in cash payouts as part of the Goods and Services Tax Voucher (GSTV) scheme next month, the Ministry of Finance said on Thursday (Jul 9).

To be eligible, recipients must be aged 21 or above in 2026 and have an assessable income of no more than S$39,000 in 2025.

Adult Singaporeans with assessable incomes of up to S$39,000 and living in homes with annual values of up to S$21,000 will receive S$850, while those whose homes have annual values of between S$21,000 and S$31,000 will receive S$450.

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