Budget 2025: SG60 package to have S$600 vouchers for adult Singaporeans, S$800 for seniors
Singapore Prime Minister and Finance Minister Lawrence Wong announced a new SG60 package to mark Singapore’s 60th year of independence. S$600 worth of SG60 Vouchers will be given out to Singaporeans aged 21 and above and these vouchers will be S$800 for those aged 60 and above. There will also be a Personal Income Tax rebate of 60% for Year of Assessment 2025, capped at S$200. And there will be an SG60 Baby Gift for all Singaporean babies born this year.
Singapore Prime Minister and Finance Minister Lawrence Wong announced a new SG60 package to mark Singapore’s 60th year of independence. S$600 worth of SG60 Vouchers will be given out to Singaporeans aged 21 and above and these vouchers will be S$800 for those aged 60 and above. There will also be a Personal Income Tax rebate of 60% for Year of Assessment 2025, capped at S$200. And there will be an SG60 Baby Gift for all Singaporean babies born this year.