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The SDL is a compulsory levy that you have to pay for all your employees, including foreign employees, working in Singapore. This is in addition to your monthly CPF contributions. CPF Board collects SDL on behalf of the SkillsFuture Singapore Agency (SSG).
Jun 15, 2024 · How do I calculate Skills Development Levy (SDL)? You have to contribute Skills Development Levy (SDL) for all your employees*. The levy payable for each employee is at 0.25% of their monthly total wages.
The SDL payable is at 0.25% of the monthly remuneration for each employee, with the minimum payable of $2 (for an employee earning less than $800 a month) and a maximum of $11.25 (for an employee earning more than $4,500 a month). You can use the SDL calculator to compute the payable amount.
SDL is payable on the first $4,500 of monthly wages at the rate of 0.25%, subject to a minimum of $2. The table below gives an example of how to calculate SDL payable:
SDL is payable on the first $4,500 of monthly remuneration at the rate of 0.25%, subject to a minimum of $2. The table below gives an example of how to calculate SDL payable: Employee. Monthly Remuneration.
Jan 14, 2024 · The Skills Development Levy (SDL) is a compulsory levy imposed under the SDL Act for all your employees, including foreign employees, working in Singapore. The SDL is in addition to CPF contributions. Currently, CPF Board collects SDL on behalf of the SkillsFuture Singapore Agency (SSG).
The Skills Development Levy (SDL) is a levy used to support workforce upgrading programmes and to provide training grants to employers when they send their employees to attend training under the national Continuing Education and Training system. The SDL is administered by the SkillsFuture Singapore Agency (SSG).
