How is Skills Development Levy (SDL) computed?

Skills Development Levy (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.

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How can Rikvin assist us in our payroll management needs? What is the Skills Development Levy (SDL)? When should Skills Development Levy (SDL) be paid? Do Singapore Employment Pass holders need to contribute to any social security or skill development fund etc?