Your MediSave contributions are computed based on your net trade income assessed by the Inland Revenue Authority of Singapore (IRAS). This refers to your gross trade income minus all allowable business expenses, capital allowances and trade losses as determined by IRAS.
From work year 2025, if you are also a
platform worker, your MediSave contributions will be computed on your net trade income after
excluding net earnings from your platform work as declared to CPF Board by your platform operator(s). This is because
CPF contributions on your net earnings from platform work are payable by your platform operator(s).
