How can corporate service buyers using the bank mode check the breakdown of the Contribute As You Earn (CAYE) contributions and net service fee to the self-employed person?
Corporate service buyers can view the status of the payment made and the amount split between the Contribute As You Earn (CAYE) contributions and net service fee made to the self-employed person by:
- Referring to the return file provided by the appointed bank, OCBC; or
- Logging onto the CAYE online digital services with your Corppass ID and select View Transaction History > Transaction Type > Make CAYE Contributions.
This information is sourced from CPF
Related questions
Under Contribute As You Earn (CAYE), corporate service buyers will only pay the net service fee directly to self-employed persons. Are there any legal implications?
Under Contribute As You Earn (CAYE), what should corporate service buyers do to set-off monies from an upcoming payment?
Under what scenarios will monies transmitted via Contribute As You Earn (CAYE) bank mode be returned to the corporate service buyer?
How do corporate service buyers identify if the vendor is under Contribute As You Earn (CAYE)?
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