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When should I pay my employees CPF contributions?

I am new to owning a business and I want to know when should I pay my employees CPF contributions. What would happen if I was late for payment? Would there be a grace perion in case I canno pay the CPF during the due date? If there is a grace period, what if the last day falls on a weekend or a public holiday?

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    CPF contributions are due at the end of the month and you have a grace period of 14 days to pay for it, in case you are unable to pay on the due date, so there is no need to worry. If the 14th day falls on a Saturday, Sunday or public holiday, you can pay your CPF contributions by the next working day.

    2020.03.24 15:44

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