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Old 19-03-2015, 12:17 AM
Nik Nik is offline
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Default CPF asks me to contribute Medisave even though my company makes $0?

Ok, long story short:

1) I registered a company last year even though I already have a full time job. I originally intend to sell t-shirts part-time via the company so I registered it via ACRA as Sole Proprietorship.

2) However, I didn't get around to starting the business and it was just left there, forgotten. Didn't even made a single cent of course.

3) Now CPF today sends me a bunch of forms about contributing a few hundred $$$ to my medisave as they say my annual income is $9000. WTF???? I didn't even make $0.01 via this company, where did the $9000 come from?
Or is this $9000 from my full time day job? But these are 2 different things!

Any self-employed people here facing similar issues?



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