Trust Bank Singapore is now available on the payroll platform as a bank option for employees. This means employees can now receive their salary and payment via their account with Trust Bank Singapore.
The CPF additional wages (AW) ceiling calculation engine for Singapore has been updated to align with the Central Provident Fund (CPF) Board's revised methodology. This revision specifically impacts how ordinary wages (OW) are reserved for AW ceiling calculations and is based on examples provided on the CPF Sample Additional Wages webpage.
In response to recent Inland Revenue Authority of Singapore (IRAS) tax reporting changes for Year of Assessment (YA) 2026, we are actively implementing necessary updates to the Employment Hero payroll platform to ensure compliance and accuracy.
