Ansicht
Dokumentation

OHALHF010 - Maintain HRDF percentage

OHALHF010 - Maintain HRDF percentage

CPI1466 during Backup   Vendor Master (General Section)  
This documentation is copyright by SAP AG.
SAP E-Book

The HRDF percentage is 1% of the monthly wages of employees who are Malaysian citizens. However, employers in the manufacturing sector with ten workers and having a paid-up capital of less than RM2.5 million, would be given the option of contributing 0.5% of their employees' monthly wage.

(RM)
Total payroll for employees 224,240
less amount of salary and allowances paid to expatriate staff 30,000
less amount of variable allowance paid to Malaysian employees 10,000
less EPF contribution, travel allowance, bonus commission ... 24,240
-------
Total wages liable for 1% levy 160,000
-------
The levy to be paid is RM160,000 * 1% = RM1,600






General Data in Customer Master   PERFORM Short Reference  
This documentation is copyright by SAP AG.

Length: 996 Date: 20240523 Time: 184859     sap01-206 ( 18 ms )