TaxSavvySG

Late CPF payment

We paid CPF late. What happens?

The situation

Late CPF payment attracts interest charges.

The law

  • Sec 7, Central Provident Fund Act 1953: Employers pay CPF for Singapore Citizen and PR employees monthly

What it means for you

Persistent late payment can lead to legal action. Pay now and set GIRO. Interest is charged on late amounts. Repeated lateness can lead to prosecution.

What to do

  1. Pay now.
  2. Pay interest.
  3. Set GIRO.
  4. Review process.

We can do this for youMonthly CPF and SDL contributions: SGD 150

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