Singapore legislation

Regulation 15

of Central Provident Fund (Self-Employed Persons) Regulations 1992

Regulation 15

Contributions payable by persons who have not received assessment from Comptroller

Subregulation 1

Despite regulations 4 and 7 and subject to paragraph (2), where a self‑employed person as at 1 July of the year 1992 or as at 1 January of any subsequent relevant year has not previously received any notice of assessment or any notice from the Comptroller informing the self‑employed person that on the basis of the income declared in his or her return of income, he or she is not liable to pay income tax, the self‑employed person must pay contributions on his or her own behalf equivalent to —

(a)

$90 in respect of the period from 1 July to 31 December 1992;

(b)

$180 in respect of the period from 1 January to 31 December 1993;

(c)

$240 in respect of the period from 1 January to 31 December 1994;

(d)

$300 in respect of the period from 1 January to 31 December 1995;

(e)

$360 in respect of the period from 1 January to 31 December 1996;

(f)

$360 in respect of the period from 1 January to 31 December 1997 if the self‑employed person has not attained 35 years of age before 1 January 1997 for the whole or any part of that period;

(g)

$420 in respect of the period from 1 January to 31 December 1997 if the self‑employed person has attained 35 years of age before 1 January 1997 and is not a relevant public officer for the whole or any part of that period;

(h)

$360 in respect of any relevant year from 1 January 1997 to 31 December 2002 if the self‑employed person has attained 35 years of age on 1 January in that relevant year and is a relevant public officer for the whole or any part of that relevant year;

(i)

$360 in respect of any relevant year from 1 January 1998 to 31 December 2002 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(j)

$420 in respect of any relevant year from 1 January 1998 to 31 December 2002 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year;

(k)

$480 in respect of any relevant year from 1 January 1998 to 31 December 2002 if the self‑employed person has attained 45 years of age on 1 January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year;

(l)

$540 in respect of any relevant year from 1 January 2003 to 31 December 2006 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(m)

$630 in respect of any relevant year from 1 January 2003 to 31 December 2006 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year;

(n)

$720 in respect of any relevant year from 1 January 2003 to 31 December 2006 if the self‑employed person has attained 45 years of age on 1 January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year;

(o)

$540 in respect of any relevant year from 1 January 2003 to 31 December 2006 if the self‑employed person is a relevant public officer for the whole or any part of that relevant year;

(p)

$195 in respect of any relevant year from 1 January 2007 to 31 December 2009 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(q)

$225 in respect of any relevant year from 1 January 2007 to 31 December 2009 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year;

(r)

$254 in respect of any relevant year from 1 January 2007 to 31 December 2009 if the self‑employed person has attained 45 years of age on 1 January in that relevant year;

(s)

$199 in respect of the relevant year beginning 1 January 2010 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(t)

$230 in respect of the relevant year beginning 1 January 2010 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year;

(u)

$260 in respect of the relevant year beginning 1 January 2010 if the self‑employed person has attained 45 years of age on 1 January in that relevant year;

(v)

$209 in respect of any relevant year from 1 January 2011 to 31 December 2013 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(w)

$240 in respect of any relevant year from 1 January 2011 to 31 December 2013 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year;

(x)

$270 in respect of any relevant year from 1 January 2011 to 31 December 2012 if the self‑employed person has attained 45 years of age on 1 January in that relevant year;

(y)

$270 in respect of the relevant year beginning 1 January 2013 if the self‑employed person has attained 45 years of age but has not attained 50 years of age on 1 January in that relevant year;

(z)

$285 in respect of the relevant year beginning 1 January 2013 if the self‑employed person has attained 50 years of age on 1 January in that relevant year;

(za)$315 in respect of the relevant year beginning 1 January 2014 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(zb)$360 in respect of the relevant year beginning 1 January 2014 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year;

(zc)$405 in respect of the relevant year beginning 1 January 2014 if the self‑employed person has attained 45 years of age but has not attained 50 years of age on 1 January in that relevant year;

(zd)$427 in respect of the relevant year beginning 1 January 2014 if the self‑employed person has attained 50 years of age on 1 January in that relevant year;

(ze)$360 in respect of the relevant year beginning 1 January 2015 or any subsequent relevant year before 1 January 2020 if the self‑employed person has not attained 35 years of age on 1 January in that relevant year;

(zf)$405 in respect of the relevant year beginning 1 January 2015 or any subsequent relevant year before 1 January 2020 if the self‑employed person has attained 35 years of age but has not attained 45 years of age on 1 January in that relevant year;

(zg)$450 in respect of the relevant year beginning 1 January 2015 or any subsequent relevant year before 1 January 2020 if the self‑employed person has attained 45 years of age but has not attained 50 years of age on 1 January in that relevant year; and

(zh)$472 in respect of the relevant year beginning 1 January 2015 or any subsequent relevant year before 1 January 2020 if the self‑employed person has attained 50 years of age on 1 January in that relevant year.

Subregulation 2

If a self‑employed person mentioned in paragraph (1) informs the Board in such manner as the Board may require of the amount of the person’s income, and satisfies the Board with such supporting documents as the Board may require (including any notice of assessment mentioned in paragraph (3)), that the amount of the person’s income is such as would render him or her liable to pay any amount other than the relevant amount specified in paragraph (1), the person must, where the Board has in its discretion recomputed the amount the person is liable to pay under regulation 4, pay that other amount instead of the relevant amount specified in paragraph (1).

Subregulation 3

If the Comptroller subsequently issues to a self‑employed person mentioned in paragraph (1) a notice of assessment in respect of the income accrued, derived or received in any relevant year beginning 1 January 2002 or any subsequent year before 1 January 2020 —

(a)

the Board may —

(i)

recompute the amount of contributions payable by the person for that relevant year on the basis of the amount of income stated in that notice of assessment in accordance with regulation 4 or 7; and

(ii)

issue a notice to the self‑employed person informing him or her of the recomputed amount; and

(b)

the self‑employed person must pay that other amount recomputed by the Board instead of the relevant amount specified in paragraph (1).

Subregulation 4

The contributions payable under this regulation by a self‑employed person mentioned in paragraph (1) for any relevant year —

(a)

must be paid —

(i)

before 1 June of the year immediately after the relevant year; or

(ii)

where the Board has extended the period for payment, within such period as may be extended by the Board; and

(b)

may be paid in instalments, so long as the total amount of contributions is paid within the relevant period mentioned in sub‑paragraph (a).

Read in full context — Central Provident Fund (Self-Employed Persons) Regulations 1992 →