Options for small firms to submit CPF contributions

CPF Building at 79 Robinson Road.
CPF Building at 79 Robinson Road.PHOTO: ST FILE

We thank Mr Tan Suan Tiu for his letter ("Make it easier for small firms to file CPF contributions"; last Wednesday).

The Central Provident Fund Board provides multiple electronic channels for employers to submit their monthly CPF contributions in a seamless and convenient manner.

Currently, 96 per cent of all employees have their CPF contribution details submitted electronically by their employers.

Smaller companies can file their CPF contributions through CPF e-Submit@web. This is a free and secure online tool which auto-computes CPF contributions for employers and enables fuss-free electronic payment via direct debit or eNets.

It also allows tracking of e-submission status and sends monthly reminders to employers, resulting in timely and accurate payment of CPF contributions.

In addition, employers can make use of the Electronic Standing Instruction function to auto-submit their CPF contributions if there are no changes to their monthly CPF contribution details.

In an effort to continually enhance service to employers, the Board will be launching a mobile application for CPF submissions by the end of the year.

The CPF Board will continue to reach out to employers to promote the CPF e-Submit@web tool.

Employers who prefer a step-by-step guide to the system can sign up for the next quarterly CPF E-Submission Seminar on Aug 14 at the CPF website or call 6220-2340 for more information.

Irene Kang (Ms)
Group Director of Communications
Central Provident Fund Board

A version of this article appeared in the print edition of The Straits Times on July 06, 2015, with the headline 'Options for small firms to submit CPF contributions'. Print Edition | Subscribe