The Singapore Government will roll out a S$1,200 Assurance Package (AP) payment in August 2025, aimed at cushioning the impact of rising living costs and the recent GST hike. This one-time payout is part of a broader financial support plan benefiting millions of citizens.
Purpose of the Assurance Package
The Assurance Package is designed to:
- Offset GST increases and keep essential goods affordable.
- Provide direct financial relief to households.
- Assist lower- and middle-income Singaporeans in managing inflationary pressures.
Who Qualifies for the $1,200 Payout?
Eligibility is based on citizenship, age, income, and property ownership.
Criteria | Details |
---|---|
Citizenship | Singapore citizen |
Age | 21 years and above in 2025 |
Income | Assessable income of ≤ S$100,000 in 2024 |
Property Ownership | Must not own more than one property |
Payout Amounts
While S$1,200 is the maximum payout, the exact amount depends on your income tier and property status.
Income Tier / Property Ownership | Payout Amount (S$) |
---|---|
Lower-income (≤ S$34,000, 1 property) | S$1,200 |
Middle-income (S$34,001 – S$100,000, 1 property) | S$800 |
Own more than 1 property | Not eligible |
How and When Will You Get Paid?
- Disbursement Date: August 2025.
- Payment Method: Direct credit to PayNow NRIC-linked bank accounts.
- Fallback Option: Cheque issued if PayNow is not linked.
- Application Needed? No — eligible recipients are automatically included.
Why This Payout Matters
This payout offers immediate relief for essentials like groceries, utilities, and transport. Unlike vouchers, the cash can be used for any household need.
The higher support for lower-income groups ensures those most affected by cost increases receive the most help.
Overview Table
Detail | Information |
---|---|
Scheme Name | 2025 Assurance Package |
Maximum Amount | S$1,200 |
Payment Date | August 2025 |
Eligible Group | Citizens aged 21+, ≤ S$100,000 income |
Property Limit | 1 property max |
Official Source | Gov.sg |
FAQs
Q1: Will the Assurance Package continue every year?
A: No, it is a time-limited scheme to cushion GST hikes.
Q2: Is the payment taxable?
A: No, it is a government support payout and not taxable.
Q3: How do I check my eligibility?
A: Log in to the official Gov.sg portal with Singpass.