Singapore Budget 2025: The Biggest Game-Changers You Need to Know

Singapore Budget 2025 has introduced several major policy changes that will impact families, businesses, and workers. In this episode of the DollarsAndSense Podcast, Dinesh and Timothy break down the biggest game-changers you may have missed.

🔹 $6.4B Budget Surplus – What does this unexpected surplus mean for future government spending?

🔹 Large Family Scheme – Families with 3+ kids receive $10K CDA grants, $5K Medisave top-ups, and $1K/year (ages 1-6) in LifeSG credits.

🔹Corporate Tax Rebate – Businesses get a 50% rebate, capped at $40K, plus a $2K cash grant for those without profits.


🔹 SkillsFuture & Workfare Enhancements – Low-wage workers (30-39 y/o) can now get 50% salary support (up to $3K/month) for diploma courses.

🔹Support for Vulnerable Workers – CPF top-ups and hiring incentives for seniors, PWDs, and ex-offenders to boost employment opportunities.

🔹LifeSG Credits Expansion – Families with kids under 12 get $500 in credits, teenagers (13-20 y/o) get $400 EduSave top-ups.


How will these changes affect you? Watch the full breakdown and share your thoughts in the comments!

🔗 Read our full coverage of Budget 2025 here:
https://dollarsandsense.sg/live-updates-singapore-budget-2025-live-coverage-real-time-commentary/

https://dollarsandsense.sg/singapore-budget-2025-5-major-announcements-that-will-benefit-the-average-singaporean/

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