Changes to CPF e-Submission Files

As always, SimplePay strives to keep you compliant with the legislative and regulatory requirements of statutory bodies. Even when the changes may not be visible to the user, you can rest assured that we’re keeping on top of any changes and are updating the system accordingly.

With that said, the CPF Board recently implemented two changes for the FTP files for CPF Returns as from 1 January 2022:

  • The character limit for the employee name field has been increased from 22 characters to 66 characters so that the full name of employees can be displayed. This change does not impact your actions or experience on the system, but simply the amount of characters that we extract from the Basic Info page. We’ve already made the necessary adjustments to ensure that all files generated before 1 January 2022 will still be limited to 22 characters, while all files after this date will allow up to 66 characters. This change does not impact your experience with the system.
  • It will be mandatory to show the ordinary wage (OW) and additional wage (AW) amounts for employees. SimplePay already meets this requirement by automatically generating these for you based on the system item chosen or the inputs that you enter when creating a custom item.

As you can see, being a SimplePay user means that you don’t have to worry about any of these amendments as we’ve already taken care of it for you well in advance.

If you have any questions, please don’t hesitate to reach out.

Team SimplePay

Budget 2021

On 16 February, the Minister for Finance unveiled the Government’s 2021 budget. Amongst other plans, the budget announced extensions to some of the key schemes that are supporting businesses and workers through the pandemic. Our blog post today is aimed at highlighting some of the key extensions that will help support your business.

Job Support Scheme

The Job Support Scheme (JSS) has been extended up to September 2021 for certain businesses. The Scheme provides wage support from the Government to help pay a percentage of local and permanent resident employees’ wages. If you’re operating in a tier 1, 2 or 3A sector, you can benefit from this extension. The relief percentage contributed by the Government will be tapered at different rates depending on the sector in which you operate.

For more information on the payments for the extended period and the JSS itself, visit this IRAS web page.

Wage Credit Scheme

The Wage Credit Scheme (WCS) has been extended to include the whole of 2021.

Providing the qualification criteria are met, the WCS provides support to you and your employees by co-funding 15% of the qualifying employees’ wages, up to the wage ceiling of $5 000 per month.

You can find out more about the WCS, qualification criteria and how to apply here.

Jobs Growth Incentive

The Jobs Growth Incentive (JGI) qualifying window has been extended by 7 months. This means that if you employ new local employees any time between now and 31 September 2021 the Government will provide you with the wage support shown in the table below:

Employee AgeGovernment ContributionWage ceilingDuration (from employment start date)
Less than 4025%$5 00012 months
40 and above50%$6 00018 months

You can find more information on the JGI here.

If you want to read the full budget or explore the other announcements, you can do so on the Ministry of Finance’s Budget 2021 page.

We hope the above has proved useful to you. If you have any questions on how this relates to SimplePay, you can contact our team at [email protected]

Equally, if you are not yet a client of SimplePay but would like to be, or if you’d like to know how we can take the effort out of filing and calculating payroll, get in contact with us or visit our website: www.simplepay.com.sg.

Keep well and stay safe.

Team SimplePay

Revamped Preview Page for Bulk Finalising Payslips

We understand the importance of capturing payroll correctly. Many clients spend countless hours downloading and reviewing the PDF draft payslips for employees before finalising them. We thought that there has to be a better way to review payslip information in bulk! Introducing our new and improved bulk finalisation page.

This newly improved page allows you to use various toggles to show or hide additional payslip information so that you can focus on the information and figures that you want to see, whether this is simply the nett pay for each employee or more detailed information like payslip inputs or payslip values. The recent activity for payslips is now more clearly laid out, which is particularly useful to review if your payroll is prepared by multiple users.

For more information on the various aspects of this page, please refer to our help page here.

Just another way that the SimplePay team is working to improve payroll for you! 

Not a SimplePay client but want a payroll system that makes you more efficient? Sign up for our free 30-day trial here and see just how simple payroll can be.

Team SimplePay