ANNOUNCEMENT: Change of Direct Debit Deduction Date

Feb 22 2021
PayrollServe
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Effective from 1 February 2021, the default Direct Debit deduction date has been changed from the 14th day of the following month to two working days after the submission date. This is to make sure that you submit your CPF contributions after the due date which falls on the last day of each calendar month promptly. However, you will still enjoy the flexibility in choosing your preferred deduction date.