SINGAPORE BUDGET 2025
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Budget 2025: SG60 gifts with up to S$800 in vouchers, 60% personal income tax rebate; arts, hawkers support
More than S$600 million will be set aside for charity matching funds
Published Tue, Feb 18, 2025 · 08:25 PM
- Those aged 21 to 59 to receive S$600 in SG60 vouchers; 60 and above to get S$800
- 60 per cent personal income tax rebate for YA2025, capped at S$200
- S$100 SG Culture Pass credits for heritage activities; S$100 ActiveSG credit top-up
THE government has announced a package to celebrate Singapore’s 60th birthday this year, including SG60 Vouchers and a personal income tax rebate.
The SG60 Vouchers refer to a one-time voucher of S$600 for those aged 21 to 59 in 2025, and S$800 for those aged 60 and above, said Finance Minister Lawrence Wong on Tuesday (Feb 18) in his Budget speech.
These vouchers will be disbursed in July and will expire on Dec 31, 2026.
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