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Does the CPF annual ceiling apply to my net earnings as a platform worker?

Updated by CPF
Yes, you will be subject to the same CPF annual ceiling of $102,000 as employees. You do not need to make any CPF contributions on net earnings exceeding $102,000 in a year.
 
As CPF contributions are computed separately for each platform operator you work with, this annual ceiling applies on a per-platform basis.
 
If your total net earnings for the year across all platforms have exceeded CPF annual ceiling of $102,000, you can apply for a refund on your share of the contributions.

This information is sourced from CPF.

Topics:

Growing Your SavingsSaving as a platform worker with CPF contributions

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