SEP Account Management
As a self-employed person (SEP), you can report your business loss and apply for a suspension of contributions until your relevant income meets the minimum level again. You can report your business loss under the “MPF Account Management” page. Select the SEP account and then click “Declare Relevant Income” and input the relevant details.
You can report the cessation of self-employment on the “MPF Account Management” page. Select the SEP account, and click “Report Cessation” to provide the details.