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Payroll Singapore: New Limits on Additional Wages ( RELNPYSG_500_AWS )

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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