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PAY_EG_TAX_OBJECTS - Note About Wage Types and Wage Type Processing Classes

PAY_EG_TAX_OBJECTS - Note About Wage Types and Wage Type Processing Classes

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Note About Tax Wage Types

  • All tax technical wage types start have the following naming convention: /3**
  • The following outflow and inflow wage types are used:
  • /A04 & /Z04

  • /A05 & /Z05

  • /A11 & /Z11

  • /A12 & /Z12

  • /A13 & /Z13

  • /A35 & /Z35

  • /A36 & /Z36

  • /A85 & /Z85

  • Sample tax model wage types have the following naming convention: M3**

Note About Wage Type Processing Classes

The following processing classes are important in tax calculation for Egypt:

  • 80: Tax: wage type relevant for tax deductions: This processing class is used to specifiy employee tax-deductible social insurance contributions, using specification 1.
  • 81: Tax: Wage type relevant for PHL Insurance: This processing class is used to specifiy tax -relevant employee contributions to private, health and life insurance, using specification 1.
  • 82: Tax: Adjustments: This processing class has the following specifications:
  • 1: Add to Annual Net Tax: Adds any wage types set with this processing class specification to annual net tax

  • 2: Subtract From Annual Net Tax: Subtracts any wage types set with this processing class specification from Annual Net Tax

  • 83: Tax: Other Components. This processing class has the following specifications:
  • 1: Profit Share: Any wage type set with this processing class specification is considered as a profit share and is added to the employee's total exemptions.

  • 2: Other Income: Any wage type set with this processing class specification is considered as Other Income and is added to the Net Taxable Income

  • 3: Tax Credit: Any wage types set with this processing class specification are subtracted from the Annual Net Tax






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