Payroll Services in Singapore
Our Payroll Services
Calculation of basic salary, overtime, bonus, statutory contributions such as CPF, SDL, FWL and issuing payslips$ 25 / employee / month
Preparation of Form IR8A for reporting of employee's earnings as required by the Income Tax Act
Additional fees of $100 for Appendix 8A for employees provided with benefits in-kind
Preparation of Form IR21 for tax clearance for foreign or Singapore PR employees upon cessation of employment
Additional fees of $150 for Appendix 1 for employees provided with benefits in-kind
Setting up the company's account with the CPF Board initially for the processing and payment of CPF contributions$100 one time
Stay on top of your monthly statutory filing obligations for payment of CPF, SDL, FWL and other contributions
Skills Development Levy (SDL) are compulsory monthly contributions to be made by employers for local and foreign employees to support workforce upgrading programmes and the provision of training grants under the administration of the Singapore Workforce Development Agency (WDA). We can help you calculate and pay your contributions.
CPF are monthly contributions to be made by employers for their Singapore Citizen or PR employees. The due date for CPF contributions is the last day of the calendar month, however, employers are given a grace period of 14 days to make the payment.
Employers are required by law (S68(2) of the Income Tax Act) to prepare Form IR8A and relevant appendices for employees who are employed in Singapore. For employers registered for the Auto-Inclusion Scheme (AIS) the information can be submitted electronically, and others need to hand them to employees by 1st March each year.