How do I apply the Additional Wage ceiling for the following scenarios: a) Employee A is working for two companies concurrently? b) Employee B is transferred from another entity?
The Additional Wage (AW) ceiling is applied on a per employer per calendar year basis.
As such, if your employee is working for two companies concurrently or if your employee is transferred from another entity, you must apply the AW ceiling separately.
This information is sourced from CPF
Related questions
As an employer, how do I apply to the Board for a single Additional Wage (AW) ceiling if my employees were transferred to another related company during the year?
How do I calculate the Additional Wage (AW) ceiling and the amount that attracts CPF contributions?
What is the Additional Wage (AW) ceiling?
How can I check if my employer has correctly capped the CPF contributions on the Additional Wages (AW) payable at the AW ceiling and/or CPF Annual Limit?
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