📢 2025 Malaysian Payroll and HR Updates: Are You Ready? As we step into 2025, it’s time to ensure your HR and payroll processes are aligned with the latest regulations. Here’s a quick checklist to ensure your business is ready and remains compliant: 1️⃣ Minimum Wage Adjustment: Are You Fully Prepared? The minimum wage has … Read more
Some users who have been using Excel for their payroll calculations in the past have enquired on the Actpays EPF Bonus calculations. The following example will show how EPF for bonus for calculation is not gross salary times rate. The following example will demonstrate the issue. Examples of Bonus EPF Calculations Employer EPF for RM4,000 … Read more
There is a range of salary in Malaysia where one should never give an increment in December. This will lead to a substantial loss of income for the staff and a wasted expense for the company. The following is based on a single staff with RM4,000 salary with a salary increment of RM400 in December. … Read more
Did you know that there is a salary where staff will lose money? There is a range of salary in Malaysia that will make the staff lose money. This is due to the way Malaysian income tax is calculated. Staff with a lower salary will earn more than the one with higher salary. Read below … Read more
A new version of CP8D file has been released for the year 2023. 2 new fields have been added for Employee status and Date of Retirement / End of Contract. Note that these are compulsory fields and employers have to add this information for all staff. Note : This format has to be used to … Read more
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