Do corporate service buyers need to factor in an approving authority to ensure accuracy of records submitted under Contribute As You Earn (CAYE)?
Under Contribute As You Earn (CAYE), corporate service buyers are advised to factor in an approving authority within their internal processes before making payment to ensure accuracy of records submitted (i.e. no fraudulent transactions, no error in payment amount or self-employed person to be paid). Once submitted, CAYE payments are considered correctly paid.
This information is sourced from CPF
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