NTUC Income changes employment status of it's employed agents to "independent contractors": Tan Kin Lian

The Real Singapore
I understand that the current management of NTUC Income had decided to change the employment status of the sales employees to “independent contractors” following a recent objection raised by IRAS on under-declaration of income which probably referred to the treatment of the sales contest incentives as non-income.
Even if IRAS were to object to this treatment now, it was possible for the management to start declaring these incentive payments as income, without having to change the status of the sales people as employees.
I am not aware if there were other reasons to change the status of the sales people and if there were other grievances arising from the change. Full story
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