Would Contribute As You Earn (CAYE) be applicable on invoices for goods provided by self-employed vendors?
Contribute As You Earn (CAYE) will apply to all taxable revenue, including profits made on goods provided. To avoid over-collection of CAYE contributions, self-employed persons (SEPs) can log in to the CAYE digital services to adjust their estimated expenses to include the costs of goods. The SEP’s CAYE contribution rate will then be adjusted accordingly.
This information is sourced from CPF
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