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Under Contribute As You Earn (CAYE), what happens if the self-employed person has contributed up to the maximum mandatory contributions for the year?
There will be no further Contribute As You Earn deduction and the full service fee will be paid to the self-employed person.
This information is sourced from CPF.
Related questions
As a self-employed person who provides services to Government agencies, how will I be enrolled into Contribute As You Earn (CAYE)?
What is the deadline to make Contribute As You Earn (CAYE) contributions?
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For GST-registered sole proprietors, are the Contribute As You Earn (CAYE) contributions computed based on the full service fee, inclusive of GST?
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