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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

Solutions Specialist at Providend

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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