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14. I have accidentally submitted Sole-Proprietor/ Precedent Partners’ income information. How do I correct the submission?
Employers are not required to declare sole proprietor/ partners' income information under the Auto-Inclusion Scheme (AIS) as these are trade income and not employment income.
If the trade income/ MediSave contributions were submitted wrongly as Salary/ Employee’s CPF contribution, please correct the records based on your selected submission method in the table below.
Example:
Trade income and MediSave contributions submitted wrongly as:
- Salary = $50,000
- Employee's CPF Contribution = $5,000
| Method | What to submit |
|---|---|
| Revision submission (recommended) | Submit a revised record with all fields set to zero to remove the earlier record. |
| Amendment submission | Submit an amendment record to negate the affected partner or sole proprietor's income and CPF contribution. Do note that the amounts should be in negative values of that amount submitted previously:
|
Please approach CPF Board to reclassify the CPF contribution to self-employed CPF contributions.
This information is sourced from IRAS.
Related questions
My business is a partnership which paid salaries to partners. Do I report these salaries?
13. I have made an error to the employment income information submitted. How can I rectify this?
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