Are CPF contributions payable on cash awards?
CPF contributions are payable on any cash awards given to your employee that are given in respect of employee’s employment.

Some examples are:
 
  • Best Employee Award
  • Commendation Award
  • Good Customer Service Award
  • Good Quality Service Award
  • Innovation Award
  • Outstanding Performance Award
  • Productivity Award

If the award given is not related to the employee’s employment, CPF contributions are not payable. For example, a patent award is given to the winner of a design competition and the competition is not related to employee’s employment.


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