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Are CPF contributions payable on cash payments given to my employee for his suggestions?
CPF contributions are payable on cash payments given to your employee for his suggestions that are work-related.
CPF contributions are not payable on cash payments given for suggestions that are not work-related. For example, a cash prize is given to the winner of a naming competition and the competition is not related to employee’s employment.
This information is sourced from CPF.
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