Singapore legislation
Regulation 6
of Central Provident Fund (Contribute As You Earn Scheme) Regulations 2019
Regulation 6
Estimated annual revenue
In these Regulations, a self‑employed person’s estimated annual revenue for a relevant year is —
where the self‑employed person has notified the Board of the estimated amount of his or her annual revenue for the relevant year (whether nil or otherwise) using the electronic service mentioned in regulation 5 or in any other manner determined by the Board — the estimated amount of annual revenue so notified;
where paragraph (a) does not apply — the self‑employed person’s annual revenue for the proxy year determined as follows:
where there is a notice of assessment stating the self‑employed person’s assessable income for the proxy year — the self‑employed person’s annual revenue for the proxy year that was used to compute that assessable income;
where there is no notice of assessment as mentioned in sub‑paragraph (i) and the self‑employed person has declared his or her annual revenue for the proxy year in the form and manner specified by the Board — the self‑employed person’s annual revenue for the proxy year so declared; or
where paragraph (a) does not apply and there is neither a notice of assessment nor a declaration of annual revenue mentioned in paragraph (b)(i) and (ii) for the proxy year — nil.