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Corporate service buyers

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What are corporate service buyers required to do under Contribute-As-You-Earn (CAYE)?

Under Contribute-As-You-Earn, corporate service buyers are required to deduct and transmit a portion of the service fee to the self-employed person (SEP)’s MediSave account, before paying the SEP the remainder of the service fee. This is done through either the bank or online submission modes.