Search found 5 matches
- Wed Aug 07, 2024 9:42 pm
- Forum: Labour Laws and Regulations
- Topic: wages not counted in overtime calculation
- Replies: 1
- Views: 8748
Re: wages not counted in overtime calculation
Hey Tan Mei! When calculating overtime pay, wages don't include things like accommodation, utilities, food, travel allowances, pension contributions, termination benefits, bonuses, or incentives. Hope this helps!
- Tue Aug 06, 2024 11:33 am
- Forum: Payroll Terminologies
- Topic: What is SOCSO?
- Replies: 3
- Views: 22420
Re: What is SOCSO?
Hey Wendy! SOCSO (Social Security Organization) or PERKESO (Pertubuhan Keselamatan Sosial) in Malay is essentially a government organization that provides social security benefits to employees. These benefits are established under the Employees' Social Security Act of 1969.
- Wed Jul 24, 2024 9:20 am
- Forum: Resources
- Topic: PCB payment
- Replies: 1
- Views: 17847
Re: PCB payment
Hey Andrew! You can make PCB payments online via FPX through select bank portals. You can also use cheque deposit kiosks at CIMB Bank or pay in cash at POS Malaysia counters. Hope this helps!
- Thu Jul 18, 2024 6:31 am
- Forum: Payroll Fundamentals
- Topic: Control over employer
- Replies: 2
- Views: 17724
Re: Control over employer
I totally get the frustration! :D But essentially if an employee has control over their employer, all the perks, allowances, and benefits they receive are included in their taxable income, with no tax exemptions. For instance, normally an employee could claim a RM6,000 annual tax exemption for a tra...
- Wed Jul 10, 2024 6:45 am
- Forum: Taxation
- Topic: minimum income to file a tax return
- Replies: 1
- Views: 7633
Re: minimum income to file a tax return
Hey there Cheryl! If your annual income (after EPF deductions) reaches RM 34,000 or more, you have to submit a tax return, unless you are exempt under certain conditions.