Automate CPF, IRAS reporting, and HR workflows with ease.
- CPF contributions (employer & employee)
- IRAS reporting and filings
- Employee benefits and leave tracking
- Secure eSign and onboarding tools
What Employers Need to Know About Payroll in Singapore
Payroll compliance in Singapore is governed primarily by the Central Provident Fund (CPF) Act and Income Tax regulations administered by IRAS. Employers must accurately apply CPF contribution rates based on employee age bands, manage Ordinary Wage and Additional Wage ceilings, and ensure correct reporting of employment income.
Singapore does not require employers to withhold monthly income tax from salaries. Instead, employers report employee income annually, and employees file their own tax returns.
Key Payroll Components
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Central Provident Fund (CPF) contributions
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Ordinary Wage and Additional Wage ceilings
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Skills Development Levy (SDL)
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Variable pay and bonuses
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Common Payroll Challenges
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Incorrect CPF treatment on bonuses
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Misapplication of age-based CPF rates
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Errors during year-end income reporting
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Payroll Filings & Reporting
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Monthly CPF submissions and payments
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Annual income reporting via IR8A and related forms
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Payslip issuance and record retention
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How HR Forte Supports Singapore Payroll
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Automated CPF calculations with ceiling controls
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Accurate handling of variable pay and bonuses
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Structured payroll audit trails and IR8A-ready reporting
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Have questions?
Is income tax deducted monthly in Singapore?
No. Employers do not deduct monthly income tax. Employers report employee income annually, and employees file their own tax returns with IRAS.
Are CPF contributions mandatory for all employees?
CPF contributions are mandatory for Singapore Citizens and Permanent Residents, subject to age-based contribution rates and wage ceilings.
Are bonuses subject to CPF contributions?
Yes. Bonuses are subject to CPF contributions, but capped under the Additional Wage ceiling.
What are the main payroll filings in Singapore?
Monthly CPF submissions and annual income reporting via IR8A and related forms.
Why HR Forte in Singapore?
Singapore payroll requires precise CPF and IRAS compliance. HR Forte keeps you compliant automatically, while providing employees with a modern ESS experience.