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How do I calculate Skills Development Levy (SDL)?
cpf
Source: https://www.cpf.gov.sg/memberYou have to contribute Skills Development Levy (SDL) for all your employees*. The levy payable for each employee is at 0.25% of their monthly total wages. The minimum payable is $2 for an employee earning less than $800 a month and the maximum is $11.25 for an employee earning more than $4,500 a month.
After you have computed the SDL for each employee, add up the SDL calculated and round the total amount down to the nearest dollar.
Here’s an example of an SDL computation:
(Click the link below for more information)
https://www.cpf.gov.sg/employer/faq/employer-obligations/skills-development-levy/how-do-i-calculate-skills-development-levyThis information provided here is sourced from the CPF website.
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