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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).<\/span><\/p>\n 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.<\/p>\n 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.<\/span><\/p>\n At the same time, about 710,000 eligible Singaporean seniors will also receive between S$150 and S$450 in Medisave top-ups as part of GSTV – Medisave. This will be automatically credited into their CPF MediSave accounts.<\/p>\n Eligible recipients will automatically receive their payments from Aug 7 if they have signed up for GSTV \u2013 Cash and GSTV \u2013 MediSave previously. They will be notified via SMS or a letter when their benefits have been credited.<\/span><\/p>\n A total of S$1.4 billion will be disbursed in this GSTV exercise, MOF said.<\/span><\/p>\n Singaporeans can check their eligibility for the payouts on the <\/span>govbenefits website.<\/span><\/p>\n The permanent GSTV scheme was introduced in Budget 2012 to help lower- and middle-income Singaporeans offset their GST expenses.<\/p>\n<\/div>\n 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…<\/p>\n","protected":false},"author":1,"featured_media":67312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--MJzxfumB--\/c_fill,g_auto,h_676,w_1200\/f_auto,q_auto\/v1\/tdy-migration\/sheng_siong_blk_88_tanglin_halt_road_3.jpg?itok=fNB6PsQV","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[2739,1905,26222,787,19880,8511,418],"class_list":["post-67311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-august","tag-cash","tag-gstv","tag-million","tag-payouts","tag-receive","tag-singaporeans","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/67311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67311"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/67311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/67312"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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