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Payroll Singapore: New Limits on Additional Wages ( RELNPYSG_500_AWS )
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Payroll Singapore: New Limits on Additional Wages
Use
From January 01, 2004 onwards, Payroll Singapore will compute the Additional Wages ceiling for an employee based on the revised limit onon CPF contributions.
The maximum amount of annual wages, on which CPF contributions can be computed, is now SGD 93,500. The computations are as specified by the Central Provident Fund Board, Singapore.
Effects on Existing Data
Effects on Data Transfer
Effects on System Administration
Effects on Customizing
Further Information
For post installation instructions, refer to the Note 689549.
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