I do not have outstanding MediSave payable as a self-employed person. Can I make MediSave contributions to offset my future payables?
You may make MediSave contributions to offset your future payables, up to the prevailing CPF Annual Limit, via the Manage your MediSave payable form.
The total CPF contributions (voluntary and mandatory CPF contributions) made for the calendar year should not exceed the prevailing CPF Annual Limit. Any contributions made in excess of the CPF Annual Limit will be refunded without interest.
You can enjoy tax relief on your MediSave contributions, if eligible, based on your annual net trade income.
This information is sourced from CPF
Related questions
I have made a top-up to my CPF accounts, do I still have to make MediSave contributions to offset my MediSave payable?
I have made a voluntary top-up to my CPF accounts, why does the voluntary contribution allocated to my MediSave account not offset my MediSave payable?
Do I still have to contribute to my MediSave if I am both a self-employed person as well as an employee or platform worker?
What benefits do self-employed persons enjoy from making MediSave contributions?
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