You are viewing a pre-production site.

Scheduled Maintenance: CPF digital services will not be available on 1 Oct 2023, from 12am to 6am.

Making Voluntary Contributions

Your page is loading.
One moment please.

Are directors who receive director fees covered under Contribute-As-You-Earn (CAYE)?

No. Under the Income Tax Act, directors of companies are considered as “employee” for income tax purposes. Directors’ fees are therefore taxable as employment income and would not be covered under Contribute-As-You-Earn.