Q1: Eligibility- Should your company register with HRDF?
Q2: How is the HRDF levy calculated?
HRDF levy = Imposed rate * ( Basic Salary + Fixed Allowances)
**Fixed Allowances refer to allowances paid regularly and unchanged on a monthly basis.
To find out more details on which allowances to include in the calculation, please visit page 3 of the document file prepared by HRDF.
Your company is contributing at a 1% imposed rate of the HRDF levy.
We DIDN'T add “Commission” as it is a non fixed allowance.
Employee C is a foreign worker so he is excluded from the HRDF levy.