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TAP SCP Calculator

Employer to contribute

TAP & SCP Calculator

Currently this calculator works for $500 and above!

Employer TAP SCP Calculation
Salary
TAP Contribution
%
SCP Contribution
%
TAP SCP Employee Total
TAP Contribution
%
SCP Contribution
%
TAP SCP Company Total

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Employer Guidelines

Employers are responsible to pay the contributions of all employees according to the prescribed rates.

Section 7(1), Employee Trust Act and
Section 8(1), Supplemental Contributory Pension Trust Order

TAP Contribution
10%
SCP Contribution
7%
SCP Contribution if Employee's salary less than $500
17.5%

Who Should You Contribute For

Citizenship

  • Citizens (Yellow IC)
  • Permanent Residents (Purple IC)

Age

  • TAP Scheme: Below 55 years old
  • SCP Scheme: Below 18-60 years old

Employment Type

  • Director
  • Business Owner receiving salary
  • Permanent Employee
  • Temporary Employee
  • Contract Employee

For More Information Contact

TAP

All text contents are owned by TAP, I take no responsibility if any error is made by individuals. This calculator is for reference only, contact TAP for proper guidance.

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