facebookIf I have been self contributing to my CPF as a self employed to all three accounts monthly, will it offset my mandatory MA for self employed? - Seedly

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Anonymous

17 Apr 2021

Retirement

If I have been self contributing to my CPF as a self employed to all three accounts monthly, will it offset my mandatory MA for self employed?

Cause I’ve received letter from CPF that I have to top up $xxxx amount into my MA recently. But I’ve been self contributing to my 3 accounts monthly .. I thought it can be used to offset?

Discussion (1)

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Han Jinyuan Larry

17 Apr 2021

SwimSafer 2.0 Instructor & Assessor at SWIMWITHUS

Yes and no

Yes, the amount will be offset. No, if your amount is shortage to your gross income or revenue declarations.

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