As part of Singapore’s expanded Assurance Package and ongoing GST Voucher (GSTV) initiative, the government is issuing a one-time payout of up to $700 in April 2025. This measure is designed to offset the impact of rising living costs and the recent Goods and Services Tax (GST) hike. It aims to provide direct financial support … Read more
The GST Voucher (GSTV) Scheme is a major government initiative aimed at softening the impact of the Goods and Services Tax (GST) for lower- and middle-income Singaporeans. Launched in 2012, the scheme reflects the state’s ongoing effort to promote a fairer tax system and ease the financial burden for vulnerable households. In 2025, the GSTV … Read more
As of May 2025, the Singapore Government has expanded the GST Voucher Scheme to better support lower-income citizens and help them manage rising living expenses. With updated eligibility criteria and increased payouts, more households will now benefit from this critical financial assistance program. The initiative is part of a broader strategy to mitigate the impact … Read more