• If you are making a cash top-up to the Special or Retirement Account (SA/RA) of your platform worker under the Retirement Sum Topping-up Scheme, you will be eligible for an equivalent amount of tax deductions for the cash top-ups made. While such a cash top-up will be included in your platform worker’s taxable income, your platform worker will receive tax relief of up to $8,000 for cash top-ups made in each calendar year. The tax relief that your platform worker will receive also takes into consideration any cash top-ups that he has made to his own SA/RA and MediSave Account (MA).
• If you are making VC to your platform worker’s MA, you will enjoy tax deductions on the voluntary MediSave contributions of up to $2,730 per platform worker. These contributions are also tax exempt up to $2,730 for the platform worker.

This information is sourced from CPF