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Are CPF contributions payable on benefit in kind?
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Source: https://www.cpf.gov.sg/memberCPF contributions are not payable on benefit given to your employee in kind, e.g. a commemorative watch or payment made directly by you to a service provider.
Such benefit in kind where no cash payment to your employee is involved would not be considered as wages because only remuneration in money granted in respect of employment attracts CPF contributions.
This information provided here is sourced from the CPF website.
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