GST Voucher Cash Medisave 2027 Calculator
The 2027 GST Voucher (GSTV) scheme pays Singapore citizens up to SGD $850 in cash plus SGD $450 in Medisave each year to offset the 9% GST. Eligibility depends on your assessable income, property Annual Value, age, and number of properties owned. This calculator shows your exact 2027 payout, the disbursement schedule, and any U-Save rebate if you live in an HDB flat.
From 2025 IRAS Notice of Assessment.
Must be ≤ SGD $21,000 for cash payout.
How the GST Voucher Scheme Works in 2027
The GST Voucher (GSTV) is a permanent Singapore government scheme to offset the 9% GST for lower- and middle-income citizens. The scheme has three components: (1) GSTV Cash — direct bank deposit of SGD $450 or SGD $850 depending on AV; (2) GSTV Medisave — credited to your CPF Medisave Account between SGD $150 and SGD $450 depending on age; (3) GSTV U-Save — rebate against your HDB utilities bill from SP Services, ranging from SGD $230 to SGD $760 per year for HDB residents. Last updated: 2026-05-18. Source: GSTV Office and Ministry of Finance.
Worked Example — 40-Year-Old in a 4-Room HDB Flat
A 40-year-old Singapore citizen earning SGD $25,000 annual assessable income, living in a 4-room HDB flat with AV of SGD $14,000, owns one property. Eligibility passes on all criteria (income ≤ SGD $34,000, AV ≤ SGD $21,000, one property). 2027 GSTV Cash: SGD $850 (because AV ≤ SGD $13,000) — actually SGD $450 in this case because AV > SGD $13,000. GSTV Medisave: SGD $150 (age 40, AV ≤ SGD $21,000). GSTV U-Save: SGD $570 (4-room flat). Total annual benefit: SGD $1,170. Cash is deposited via PayNow/GIRO in August 2027; Medisave is credited in November 2027.
Income and AV Thresholds You Need to Know
For 2027, eligibility cutoffs are: Assessable Income ≤ SGD $34,000 (calculated on 2025 income); Annual Value ≤ SGD $21,000 for GSTV Cash and Medisave; you must own no more than one property at 31 Dec 2026; you must be a Singapore citizen aged 21 or above as of the qualifying date. The AV threshold matters most — owning a private condo with AV above SGD $21,000 disqualifies you completely even if your assessable income is below the cap. The dual-threshold check is why some retirees with modest CPF withdrawals but high-AV homes do not receive GSTV; conversely, low-income earners in 5-room HDB flats with AV around SGD $17,000 typically qualify.
U-Save Rebate Tiers and Quarterly Disbursement
The GSTV U-Save rebate is paid in four quarterly tranches via your SP Group utility bill: January, April, July, October. The 2027 annual U-Save amounts are: 1- and 2-room HDB flats SGD $760; 3-room SGD $660; 4-room SGD $570; 5-room SGD $470; Executive SGD $380. Private condos and landed properties get nothing. The rebate offsets electricity, water, gas, and refuse fees in that order. Any unused balance carries forward to the next month within the same calendar year. This is a household rebate — one per HDB unit, not per resident, so it does not stack across multiple owners.
Frequently Asked Questions
How much GSTV Cash can I get in 2027?
Up to SGD $850 if your AV is at or below SGD $13,000. SGD $450 if your AV is between SGD $13,001 and SGD $21,000. Nothing if AV exceeds SGD $21,000.
Do I need to apply for the GST Voucher?
No. Eligibility is determined automatically by IRAS, HDB, and the GSTV Office using your tax records. You receive a notification SMS in July each year if eligible.
Is the GSTV Cash taxable income?
No. Government cash transfers like GSTV Cash are not assessable income for IRAS tax purposes.
Can I get GSTV if I own a private condo?
Only if the condo's AV is at or below SGD $21,000 and you own only one property. Most private condos exceed this AV threshold.
When is GSTV Medisave credited?
GSTV Medisave is credited to your CPF Medisave Account in November each year. You can use it for hospital bills, MediShield Life premiums, and approved chronic disease management.
Does GSTV Medisave count toward Basic Healthcare Sum?
Yes. GSTV Medisave contributions count toward your annual MA contribution limit and Basic Healthcare Sum (BHS) cap. Excess overflows to your Special Account or Retirement Account.