Latest Updates

New webpages to provide greater clarity on the tax and filing obligations of platform workers:

• Basic guide for platform workers
• Filing responsibilities of platform workers

The Direct Notice of Assessment (D-NOA) or No-Filing Service (NFS) for self-employed persons and platform workers has also been revised to include information relating to D-NOA, as well as how self-employed persons and platform workers can benefit from D-NOA and NFS.

The content of the website has been revised to include the following:

From YA 2026 onwards, self-employed persons (SEPs) will be allowed tax relief on the full amount of compulsory MediSave contributions made in the preceding year, without any capping restrictions. In other words, SEPs will enjoy relief on the full amount of compulsory MediSave contributions made in the preceding year even if they have no assessable net trade income for the YA. 

The tax relief for the SEPs’ voluntary CPF contributions will be calculated as follows:

1. where the amount of compulsory MediSave contributions is more than 37% of net trade income, no amount is allowed on voluntary contributions.
2. where the amount of compulsory MediSave contributions is less than 37% of net trade income, the tax relief for compulsory and voluntary contributions for a YA would continue to be capped at the lowest of:
   • 37% of your net trade income assessed*; or
   • CPF annual limit of $37,740*; or
   • Actual amount of voluntary CPF contribution made by you.

*Amount less tax relief allowed on compulsory MediSave contributions.