How should platform workers’ share be deducted from earnings?
Platform operators should generally deduct the platform workers’ share of CPF contribution as and when they earn and submit monthly CPF contributions on platform workers’ behalf.
CPF contribution rates are lower for platform workers with net earnings less than $750 per month. If you had withheld your platform workers’ earnings based on a higher CPF contribution rate (i.e. using the rate applicable to platform workers’ earning above $750), you should refund the difference to your platform workers, before submitting the CPF contributions.
This information is sourced from CPF
Related questions
How do I recover the platform worker’s share of CPF contributions?
How is the platform worker's share of CPF contributions on my CPF Contribution Alert derived?
My platform worker owes me money. Can I use the amount owed to me to offset the platform operator's share of CPF contributions that is payable on his net earnings?
If I am concurrently a full-time employee doing platform work, do I still need to make CPF contributions on platform earnings?
Need more help?
Get in touch