We have receiving many queries on the accuracy of bonus calculations. Please be assured that Actpay PCB calculations are accurate and have been approved by LHDN.
The confusion arises on how bonus pcb is calculated. Based on the guidelines from LHDN, the bonus PCB when calculated separately takes into account the regular monthly wages received by a staff. This regular income includes basic salary as well as allowances. In the case of staff with fixed income, this is not a problem. On the other hand for staff with variable income, this seems to present a problem.
The thing to note about PCB calculations is that the pcb amount is calculated based on estimating the income for the whole year. Even if the bonus pcb calculation is ambiguous, when the month end PCB calculation is made whatever variation arising will be adjusted to show the right result. That is if you pay less or excess pcb for the bonus payment, the month end calculations will automatically readjust the figures to get the correct result.
To verify bonus calculations yourself, please use the PCB online calculator feature to check it yourself.
A detailed explanation on how to use this feature can be found here : http://actpayroll.com/kb/how-to-verify-your-pcb-calculations/
Notes on how to do bonus calculations in Actpay can be found here : http://actpayroll.com/kb/bonus-calculations/