Vouchers and Goodies Announced in Budget 2025
Hurting from cost of living woes? Here are the near-term measures announced in Budget 2025 that should provide some relief over the next few months.
You can also watch the TikTok or IG Reel here if you don’t want to read.
SG60 Package: S$600 to S$800 Vouchers
All Singaporeans aged 21 and up will get S$600 vouchers. Seniors aged 60 and above will get additional S$200. These vouchers can be used at all businesses that accept CDC Vouchers.
Seniors will be able to claim their vouchers July 2025 while the rest will be able to do so “later”.
CDC Vouchers: S$500 in May 2025 + S$300 in January 2026
Every Singaporean household will receive S$500 CDC vouchers in May 2025 and S$300 in January 2026.
Vouchers disbursed in May 2025 will expire end of 2025 while those issued in January 2026 will expire at the end of 2026.
As usual, half will be for supermarkets while the other half will be for participating heartland shops and hawker stalls.
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U-Save: doubled to up to S$760
U-Save rebates for eligible HDB households will be doubled from the current S$220 to S$380 to up to S$760.
Rebates will be credited directly into eligible households’ utilities accounts with SP Services.
S$500: LifeSG Credits for Children or EduSave/PSEA Top-up
Singaporeans born from 2013 to 2025 will get S$500 LifeSG Credits. Those born between 2013 to 2024 will get the credits in July 2025. Children born in 2025 will receive their credits in April 2026.
These credits can be used at online or retail merchants that accept payments via PayNow.
Pro-Tip: PM Wong has mentioned that this will be the same as LifeSG Credits given to NSmen, so you can refer to this article on how to cash out your LifeSG Credits.
Singaporeans born from 2005 to 2012 will get a S$500 top-up in their Edusave or Post-Secondary Education Accounts. These funds, as their names suggest, can be used to pay for eligible expenses relating to their education.
More Climate Vouchers, Extended to Private Property Residents
On top of the S$300 Climate Vouchers given last year in 2024, an additional S$100 will be given to HDB households in April 2025 this year.
Left out last year, private property residents will get S$400 Climate Vouchers in April 2025.
Climate Vouchers can be used to purchase energy and water-efficient products at participating retailers.
Tax Rebates
Individuals will get a 60% income tax rebate capped at S$200.
Companies will get 50% income tax rebate. Those with at least one employee will get a minimum benefit of S$2,000.
Others
| Item | Amount | Remarks |
| SG Culture Pass | S$100 voucher | Culture-related expenses |
| SG60 ActiveSG Credits | S$100 top-up | For use at ActiveSG |
| Rental Support | S$600 | For government-managed hawker centre and market stalls |
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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