Let’s face it. Living in Singapore isn’t exactly cheap in 2025. Between rising food prices, electricity bills that keep you guessing each month, and planning for your family’s future, every bit of financial help counts.

The good news is that the Singapore government is not standing still. There is a wide range of support schemes available to help you manage—from cash payouts and business grants to childcare support and utility rebates.

The problem? Most people either don’t know what they qualify for or don’t know how to use the schemes effectively.

So let’s break it all down. No jargon. No fluff. Just straight talk about how to make the most of what’s available this year.

1. SG60 Vouchers: Your Bonus Round of Daily Spending Power

As part of Singapore’s 60th birthday, these vouchers aim to ease daily expenses.

In celebration of Singapore’s 60th birthday, all citizens aged 21 and above will receive SG60 Vouchers in the month of July. This one-time payout is designed to ease everyday costs and give your wallet some breathing room.

Here’s what you get:

• $600 if you’re aged 21 to 59
• $800 if you’re aged 60 and above

No application is needed. The vouchers will appear in your LifeSG and you can use them at hawker stalls, supermarkets, heartland shops, and other participating locations across the island.

Valid until: 31 December 2026
Pro tip: Pair these with CDC vouchers (explained next) for even more spending relief.

2. CDC Vouchers: More Vouchers, More Variety

Yes, more vouchers. Because who doesn’t love discounts at their favourite cai fan stall?

Every Singaporean household will receive $1,100 worth of CDC voucher, distributed in three tranches:

• $300 in January 2025
• $500 in May 2025
• $300 in January 2026

These vouchers can be used for groceries, meals, household items, and other essentials. They are accepted at thousands of community shops, hawker stalls, and supermarkets.

Tip: Keep the CDC Vouchers app handy. Use your vouchers sooner rather than later, as some merchants may opt out over time.

3. U-Save Rebates: For That Pesky Utility Bill

Let’s be honest. Every time the SP Group bill lands in your inbox, it stings a little. That’s where U-Save rebates come in.

In 2025, HDB households will receive up to $760 in rebates to offset water and electricity bills. These are applied automatically—no claims required.

In addition, the Assurance Package provides an extra $110 to $190 in U-Save rebates, depending on your flat type. Taking the edge off your monthly utility bills.

The rebate amount is tiered by flat type. Smaller flats receive more support, but either way, free is free.

4. Assurance Package + GST Voucher Cash: Free Money, Basically

Low- to middle-income Singaporeans will continue receiving cash payouts of up to $1,300 through a combination of the Assurance Package and GST Voucher scheme.

Here’s what’s included:

• Assurance Package payouts: $100 to $600
• GST Voucher – Cash: Up to $850

The actual amount depends on your income level and the annual value of your home. If your assessable income is below $34,000 and your home’s annual value is under $21,000, you’ll likely receive the full amount.

Payouts are scheduled for August 2025, which is a perfect time to boost your savings, pay off bills, or book that well-earned staycation.

5. Matched MediSave Scheme: Free Top-Ups for Your Future Healthcare

This one’s for the planners.

If you top up your MediSave account, the government will match it dollar-for-dollar—up to $1,000 per year for five years, starting in January 2026.

Think of it as a guaranteed 100 percent return on a no-risk savings account. It’s a great way to prepare for future medical bills or cover Integrated Shield Plan premiums.

There are no complex forms to fill out. Just top up via CPF, and you’re automatically enrolled.

6. Silver Support & MediSave Top-Ups for Seniors: Dignity in Retirement

If you are aged 65 and above with limited retirement savings, these two schemes offer a safety net:

• Silver Support Scheme: Up to $1,100 per quarter
• MediSave Top-Ups: $150 to $450 annually
• Bonus: $500 for those born between 1950 and 1973 with low MediSave balances

It’s not flashy, but it’s dependable. These payouts help cover everyday expenses and healthcare needs.

No action is needed. If you’re eligible, the money is credited directly to your account.

7. Family Support: Raising Kids Without Breaking the Bank

Raising kids in Singapore isn’t cheap, between preschool fees and enrichment classes, it’s like managing a mini-enterprise. It’s full of joy, but it’s also expensive. Fortunately, the government has support schemes to ease the pressure.

Here’s what’s available:

• Baby Bonus: Starting February 2025, third and subsequent children receive a $10,000 First Step Grant and $13,000 in cash spread over six years
• Child LifeSG Credits: $500 per year for every child aged 12 and under
• Large Family Credits: $1,000 per child annually (ages 1 to 6) for families with three or more children

These are not just baby bonuses. They’re designed to support different life stages, from preschool to enrichment classes.

Combine these with CDC vouchers, and your parenting budget goes a lot further.

8. Business Grants & Rebates: Not Just for Big Corporates

Running a business in 2025 is challenging. Costs are rising, and customers are more cautious. The government offers several tools to support businesses, especially SMEs.

Your business support checklist includes:

• Corporate Income Tax Rebate: 50 percent rebate, capped at $40,000
• CIT Cash Grant: $2,000 for companies with at least one local employee
• Productivity Solutions Grant (PSG): Up to 70 percent funding for tech upgrades
• Enterprise Development Grant (EDG): Support for overseas expansion, branding, and innovation
• Progressive Wage Credit Scheme (PWCS): Co-funding for wage increases (up to $4,000/month)

These grants are powerful, especially for smaller companies. Whether you’re upgrading your systems or expanding into new markets, they can significantly boost your capital.

Need help getting started? Visit GoBusiness.gov.sg, which offers a full suite of resources for entrepreneurs.

9. SkillsFuture Jobseeker Support: A Cushion While You Bounce Back

If you’ve lost your job or are between roles, the SkillsFuture Jobseeker Support scheme provides up to $6,000 over six months. It gives you the breathing room to focus on job hunting or upskilling.

To qualify, you must:

• Have had a monthly income under $5,000
• Live in a property with an annual value not exceeding $31,000
• Be actively job-seeking or enrolled in approved training

This isn’t just a handout. It’s structured support to help you land back on your feet and into meaningful work.

10. Not Sure What You Qualify For? Try the “Support For You” Calculator

Still feeling unsure?

Log in to the LifeSG app and try the “Support For You” calculator. Just enter your age, income, and housing details. It will show you exactly what benefits you qualify for—whether it’s cash payouts, MediSave top-ups, or rebates.

The process takes about two minutes and could help you unlock thousands of dollars in support.

Final Thoughts: Your Move

You’ve seen the support. Now it’s up to you.

Whether you’re looking to save on daily expenses, set aside more for healthcare, or grow your business, there’s something in Budget 2025 that can make a real difference. The key is knowing what’s available — and actually using it.

You don’t have to use everything. Just choose what fits your life right now. Maybe that means redeeming your vouchers early, planning a MediSave top-up, or finally enrolling in that SkillsFuture course.

It’s not about doing it all. It’s about doing what works for you — and making 2025 a little lighter, a little smarter, and a lot more intentional.