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Old 24-08-2014, 10:50 PM
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Originally Posted by Unregistered View Post
Hi admin et all,

I just want to clarify once and for all, that the "monthly gross wages" DO include bonuses, commissions etc. This is stated clearly in the MOM's website:

"-Residents refer to Singapore Citizens and Permanent Residents.

-Gross monthly income from work refers to income earned from employment. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of annual bonuses."

The last sentence means you take your total bonuses, divide by 12 and add your basic wage to derive your gross monthly wage.
Do we include CPF contribution by company?
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