The Assurance Package (AP) will provide around $700 as a form of assistance in 2025 from the government of Singapore to its citizens to cope with the increased cost of living due to the recent GST hike. This guide elaborates on the qualifiers, payment schedule, and steps to receiving the benefits. You will also discover … Read more
In December 2025, a one-off Cost-of-Living (COL) Special Payment of up to S$600 will be given out to 2.9 million Singaporeans as part of the government’s efforts to help citizens who are currently experiencing difficulties due to a rise in expenses. Are you one of those who would benefit from this vital aid? Read on … Read more
Major changes will take effect in the Singapore Central Provident Fund (CPF) in 2025, which will closely affect workers, retirees, and employers. If you are to plan your finances around the updated contribution rates, higher salary ceiling, and changes to retirement accounts, you must understand the changes well. This guide will help break down the … Read more
All about Singapore CPF Changes: Contribution Rates, Retirement Sums, and Withdrawal Rules Lengthen in 2025Transformations in Singapore’s retirement development are on course, and the recent CPF reforms in 2025 will aim at enhancing the financial security of all retirees. The changes, prompted by a hike in living costs and increased life expectancy, will thus secure … Read more
As costs-of-living continue to rise in Singapore, families find it increasingly hard to cope with unaffordable utility bills. The government has recognized the issue and in the B2025 speech by Prime Minister and Minister for Finance Lawrence Wong announced the enhancement of the Assurance Package (AP) with an additional cash out of $1.2 billion. The … Read more
As if it weren’t bad already, high inflation has made the need for aid pertinent. The little assistance that has come can arrive just in time for some Singaporeans. Starting from April of 2025, through the Assurance Package (AP), eligible citizens can avail cash payouts of up to $2,250 against GST augmentation — being a … Read more
Singapore GST Vouchers 2025: Budget 2023 had Mr. Lawrence Wong, the then Deputy Prime Minister and Finance Minister, announcing an upwards revision of the 2024 GSTV – Cash payout by $150 above the previous year’s disbursement… With the adoptions of further enhancements to the GST Voucher (GSTV) Scheme by the Singapore Government as we move … Read more
In continued attempts to relieve the financial burden experienced by its citizens, the Singapore government will make payments under the Assurance Package (AP) Cash Payout in December of 2025. This program was conceived to ease the pressure of rising living costs on Singaporeans, with payouts ranging from 200 to 600, according to individual eligibility. Who … Read more
For self-employed individuals qualifying for financial support in Singapore’s Workfare Income Supplement (WIS), this will provide up to $3,267 this April, with an even higher annual payout set to be introduced in 2025. It is an initiative targeted at lower-income workers as cash disbursements along with CPF contributions boost financial capacity. This includes the new … Read more
This year, Singapore will help low-income seniors aged 55 years old and above with cash ranging from $200 to $300 under the Assurance Package (AP) Seniors’ Bonus initiative, scheduled to be paid to about 850,000 eligible older citizens in February 2025. This assistance is envisioned to soothe their overall rising cost of living, making sure … Read more