In March 2021, the existing HRDF levy was extended to cover all industries, with employees of 10 or more.
Business that fall into this category are required to register and make contributions towards the HRD fund.
The rate of levy depends on the number of Malaysian employees as follows:
Wages will include fixed monthly allowances.
Employers who belong in the new sectors have been given an exemption of HRD levy for three months from 1st March to 31st May 2021.
Update:
Employers of the new sectors are given an exemption of HRD levy until 31 December 2021 under Pembangunan Sumber Manusia Berhad Act 2001, provided the registration is made before 31 December 2021.
Visit HRD Corp website for more details.
ABSS Payroll v13 has been updated to include this requirement.