Ordinary Wage (OW)/ Additional Wage (AW)/ CPF Annual Limit

Name Description CPF Deductible Cap
OW Basic pay of staff $6000
AW Bonus, Cash Incentives, Commissions, Allowances (transport/meal), etc. $30,000
CPF Annual Limit CPF Annual Limit = Mandatory CPF Contribution + Voluntary CPF Contribution $37,740
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