More regular Medisave payments, injury insurance among moves for self-employed
Govt also accepts tripartite standard; businesses that adopt it must be committed to uphold it
Janice Heng
Singapore
SELF-EMPLOYED persons should make Medisave contributions as they earn, instead of annually. Corporate service-buyers and intermediaries that link the self-employed with clients - such as ride-hailing platform Grab - should also be required to help deduct and transmit these Medisave contributions.
These are among several recommendations by a tripartite workgroup that the government has accepted, with details to come in next month's Committee of Supply debate.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country