What is SDL?

SDL pertains to Singapore’s Skills Development Levy.

All companies are required to contribute a fee to the skills development fund in the form of Skill Development Levy (SDL).

How is SDL computed?

SDl is a contribution payable by employers for all employees up to the first $4,500 of gross monthly remuneration at the rate of 0.25% or $2, whichever is higher.

Skills Development Levy

When should SDL be paid?

SDL must be paid monthly, and within 14 days after the end of the month for which SDL contributions are due.

Who does SDL apply to?

SDL is applicable to all employees, whether they are Singapore Citizen/Permanent Resident/Employment Pass/Work Pass holders.

How can you assist us in our payroll management needs?

We provide end to end service with respect to both CPF and SDL.

Our payroll services include the following:

  • Salary calculation on weekly, bi-weekly or monthly basis.
  • Salary payment to employees by cheque issuance or through bank transfer such as GIRO.
  • Central Provident Fund (CPF) registration and timely monthly payment.
  • Issuing of IR8A Form for personal tax including statutory annual filing returns.
  • Computing gross to net salary and CPF
  • Providing payroll reports and payroll journals
  • Issuing confidential pay slips (hard copy or electronic)
  • Preparing year-end lR8A forms and appendices (hard copy or electronic)
  • Preparing IR21, GML, NS MUP, CPF refund, government statistical forms, etc
  • Managing and administering employees’ leave On line/Off line