Advertisement Singaporeans can expect a direct cash payout ranging from S$400 to S$850 in 2025 under the Government’s enhanced Support Package. Aimed at cushioning the impact of inflation and the GST hike, this targeted relief will benefit lower- and middle-income citizens across the country. Here’s a detailed look at who qualifies and how the payout … Read more
Advertisement The Singapore government has officially confirmed a one-time bonus of S$900 for eligible senior citizens in 2025. This payout forms part of the enhanced Assurance Package and is designed to provide targeted support to lower-income older Singaporeans, helping them cope with the ongoing cost-of-living pressures. Advertisement Importantly, no application is required to receive the … Read more
Advertisement As part of its ongoing effort to ease the cost of living for citizens, the Singapore government has confirmed that a S$1,200 cash payout will be disbursed in August 2025. This financial aid targets lower- to middle-income Singaporeans and forms part of a broader relief package to help households manage inflation and essential expenses. … Read more
Advertisement A major financial boost is coming for Singapore’s self-employed population this August 2025. The government has confirmed a one-time Workfare Income Supplement (WIS) bonus of up to $2,800 for eligible self-employed persons (SEPs), aimed at supporting low-income earners and encouraging long-term participation in the workforce. Advertisement Overview Scheme Name Workfare Income Supplement (WIS) Bonus … Read more
Advertisement In 2025, thousands of retired Singaporeans can expect a much-needed monthly financial boost. The government has officially confirmed that monthly CPF payouts ranging from $1,560 to $1,670 will continue, offering enhanced support for seniors who rely on these disbursements for daily living. Advertisement But who qualifies? And what does this mean for your retirement … Read more
Advertisement In a major development that has sparked national interest, the UK government is moving forward with a £2,950 compensation payout for women impacted by the changes in the state pension age. Commonly referred to as the WASPI (Women Against State Pension Inequality) payout, this long-awaited decision is a recognition of the hardship many women … Read more
Advertisement As Singapore continues to strengthen its social safety nets, the government has officially approved a $1,080 Old Age Support Payout for eligible senior citizens in August 2025. This cash payout is part of the broader effort to help older Singaporeans manage rising living costs while aging with dignity. Advertisement Overview of the S$1,080 August 2025 Old Age … Read more
Advertisement Feature Details Payout Amount S$200 to S$400 Disbursement Date From 5 August 2025 onwards Eligible Recipients Lower- and middle-income Singaporeans Purpose To provide inflation relief under the Cost-of-Living Support Package Distribution Method Automatic bank credit via PayNow-NRIC or government-registered bank accounts Key Goals of the Payout The government has confirmed a new one-off payout … Read more
Advertisement To acknowledge and support the efforts of working individuals—especially seniors and persons with disabilities—the Singapore government continues to offer the Earned Income Relief (EIR). This personal income tax relief provides a reduction in taxable income based on the amount of earned income received during the year. In 2025, EIR remains a key measure that … Read more
Advertisement If you’re a working Singaporean looking to lower your tax bill in 2025, you may be able to take advantage of Life Insurance Relief — a valuable scheme offered by IRAS (Inland Revenue Authority of Singapore) that allows eligible taxpayers to claim up to S$5,000 per Year of Assessment (YA). Advertisement With rising living … Read more