How do corporate service buyers know if the payment to self-employed persons is successful?

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Accepted Answer

Generally, for payment via PACE (PayNow for CAYE), you will receive a return file from CPF Board within five working days of the Fund Deduction Date indicated in your corporate payment file to the appointed bank, OCBC. This return file will indicate the amount of Contribute As You Earn (CAYE) contributions and net service fee, the payment status, and rejection reason (for any unsuccessful payment).

For payment via the online submission mode, you can log into the CAYE Digital Services to view the payment status and CAYE contributions made to the self-employed person.

This information is sourced from CPF

For payment via the online submission mode, you can log into the CAYE Digital Services to view the payment status and CAYE contributions made to the self-employed person.

How do corporate service buyers know if the payment to self-employed persons is successful?

Related questions

For PACE (PayNow for CAYE) payments, when do corporate service buyers need to submit a payment file to CPF Board to make Contribute As You Earn (CAYE) contributions by the stipulated deadline?

With the additional step to split the service fee under Contribute As You Earn (CAYE), would this result in a delayed payment of service fee that may exceed the credit terms?

Are there any changes required to the corporate service buyer's payment system/process to reconcile the payments made via Contribute As You Earn (CAYE)?

What happens if payment to the self-employed person via the Contribute As You Earn (CAYE) bank mode is unsuccessful?