ABSS Payroll v10
Tax Relief Updates
- Contribution to Employee Provident Fund (EPF) and life insurance premium is now separated as follows:
- Contribution to EPF – up to RM4,000
- Life Insurance Premium – up to RM3,000
- Net savings in SSPN – increased up to RM8,000
- Removal of Tax Relief for Housing Loan Interest Paid
Compliance Update
In compliance with the above changes, the following forms have been updated:
TP1
Borang Tuntutan Potongan Dan Rebat Individu
TP3
Borang Maklumat Berkaitan Penggajian Dengan Majikan-
Majikan Terdahulu Dalam Tahun Semasa
Tax Compliance
Tax Calculation
Tax calculation also been updated accordingly. All new pay run will reflect on new PCB calculation.
The .txt file output file for submission also updated accordingly.
New SOCSO form
New form been added for SOCSO – Borang Pendaftaran Pekerja Asing
Report lists
Tax Agent Address
A new field been added in Card File. It will be used in Form CP22.
Card File > Contact tab > [Check box] Address belongs to tax agent