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Anonymous

18 Apr 2021

∙

Are there any differences between Member and Self-Employed at the payment page for VC?

Happy holidays Seedly fam! I've a question I'm hoping you can help me with. It's my first full year of being self-employed this year and also my first time doing VC to CPF. At the payment page, I see there are 2 options for Paying as: Member and Self-Employed.

Are there any differences between the two? TIA!

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Tan Choong Hwee

18 Apr 2021

Investor/Trader at Home

This reply probably come too late for you.

Anyway, the difference is that you can get tax relief for VC to 3 accounts as a self-employed, but no tax relief as member.

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