Wage Credit Scheme Payouts for 2020

Employers should make CPF contributions for employees by 14 January 2020 to receive Wage Credit Scheme payouts; Digital payment modes for speedier payouts – Employers will receive Wage Credit Scheme payouts through PayNow Corporate or GIRO. Employers who have not already done so are advised to set up a PayNow Corporate account or register for GIRO early. https://www.iras.gov.sg/irashome/News-and-Events/Newsroom/Media-Releases-and-Speeches/Media-Releases/2019/Wage-Credit-Scheme-Payouts-for-2020/

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