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                                                              What should I do if I cease to be self-employed during a financial year?

                                                              You should notify BCT of the cessation of self-employment status. You still need to make mandatory contributions until the day of the cessation of your self-employment status. Details are as follows:

                                                              Monthly Contribution Basis
                                                              Your contribution for the month you cease to be a self-employed person should be calculated on a pro-rata basis in respect of the number of days you were self-employed during the month.

                                                              Yearly Contribution Basis
                                                              The contribution should be calculated on a pro-rata basis in respect of the number of days you were self-employed during the financial year.

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