Budget 2025 For Families: Lower Childcare Fees, SG60 Baby Gift, CDC Vouchers & More

The Singapore Budget 2025 has just been announced, and here’s what’s in store for families with kids from capped childcare fees to CDC vouchers, SG60 vouchers, SG60 baby gifts and more.

Great news parents, 2025 is bringing more support to families! Singapore Budget 2025, which was announced yesterday by Prime Minister Lawrence Wong, is packed with perks that could make family life a little easier–and maybe even convince you to add another tiny human to the mix!

From LifeSG credits and CDC vouchers to enhanced grants and benefits for families with three kids and more, here’s all you need to know about Singapore Budget 2025.

SG60 Package: Eight SG60 benefits

The SG60 package comprises eight one-off benefits for Singaporeans and grants for charity and community groups. This includes vouchers/credits and tax rebates.

SG60 vouchers: Singaporeans aged 21 to 59 will receive one-off SG60 vouchers worth $600, while seniors aged 60 and above will receive $800 in SG60 vouchers. The vouchers can be redeemed through RedeemSG via SingPass and used at all businesses that accept CDC vouchers.
When: From July 2025

SG60 baby gift: All Singaporean babies born in 2025 will get a special gift package.
When: More details will be released in March 2025.

SG Culture Pass: Singaporeans aged 18 and above will get $100 in credits for eligible exhibitions, experiences and performances.
When: From 1 September 2025 to 31 December 2025

Read more: Kids Theatre Shows In Singapore

SG60 ActiveSG credits: Singapore citizens and permanent residents who are ActiveSG members (free sign-up!) will get $100 ActiveSG credit top-ups. New members will get $200 in credits upon signing up.
When: June 2025

Tax rebate on personal income: All resident taxpayers will receive a 60% tax rebate in the 2025 year of Assessment. This will be capped at $200 per taxpayer. The rebate will be granted automatically by IRAS for those who qualify.
When: April – September 2025

Other SG60 benefits: Government and government-appointed hawker and market operators will get rental support of $600 per stall. There’ll also be benefits for local charitable causes and the arts and heritage sector, as well as community groups.

CDC Vouchers: $800

CDC vouchers are back for Singaporean households, totalling to $800 per household. You can use them at participating supermarkets, hawkers and heartland merchants.
When: $500 in May 2025; $300 in January 2026

Climate Vouchers: $100

HDB households will get a $100 top-up of Climate Vouchers, totalling $400 since the first disbursement of $300 Climate Vouchers in 2024. Private households will get the total $400 benefit. This can be used at participating retailers on household appliances and fixtures such as fans, LED lights, water heaters and more.
When: April 2025

LifeSG credits: $500

Singaporean children aged 12 and below in 2025 will receive $500 in LifeSG credits. Parents can use these credits to offset household expenses, including groceries, utilities and pharmacy purchases. The credits can be accessed from the LifeSG application and used online and at physical merchants that accept PayNow and NETS.

When: From July 2025; children born in 2025 will receive this from April 2026 onwards.

Edusave or PSEA: $500 top-up

Singaporean children aged 13 to 20 in 2025 will get a one-time $500 top up in their Edusave account (13 to 16 years old) and their Post-Secondary Education account (17 to 20 years old). This can be used for education-related expenses including school fees and enrichment classes.

When: July 2025

Childcare fee cap: $610 – $650

The fee cap for childcare anchor operators will be $610 per month (reduced by $30), while the fee cap for partner operators will be $650 per month (reduced by $30).

When: From 2026

U-Save rebates: Up to $760

HDB households that are eligible will receive up to $760 U-Save rebates. This can be used to offset utility bills and will be automatically reflected in your SP bill.

When: April, July, October 2025 and January 2026

Large Families Scheme: Grants, MediSave top-ups & LifeSG credits

The following benefits are for families, for their third and subsequent Singaporean child born from 18 February 2025 onwards.

CDA grant: Parents will receive $10,000 through the Child Development Account (CDA) First Step Grant. The CDA can be used for approved expenses that include childcare fees and healthcare.
When: 18 February 2025 onwards

MediSave grant: An additional $5,000 will be credited into the mother’s MediSave account and can be used for approved pregnancy and delivery costs and approved medical fees for dependants
When: 18 February 2025 onwards

LifeSG credits: $1,000 LifeSG Credits will be credited annually till the child turns 6. Families with three or more children below the age of 6 will also get this annual benefit.
When: September 2025, then annually from April 2026 onwards.

There are also benefits for seniors and caregivers! Read more about Budget 2025 on the Ministry of Finance website.