Coming in August: Cash payouts of up to $850 to help Singaporeans defray GST and other living expensesPHOTO: The Straits Times fileSingaporeans can look forward to cash payouts and Medisave top-ups in August.
The 2024 GSTV disbursements were first announced by Prime Minister Lawrence Wong during Budget 2023 and will amount to $1.4 billion - around $200 million more than the sum paid out to Singaporeans in 2023, said MOF. Eligible Singaporeans who sign up via the govbenefits website by July 9 will receive the payout in August, while those who register after this date but before June 20, 2025, will get the cash payout by the following month.