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benefit in kind (BIK) - SQL Payroll

What is Benefit In Kind (BIK)?

BIK Malaysia means Benefit in Kind, non cash benefits provided by the employers and treated as income of the employees, such as Motorcar, Driver, Furnishing, …
What is CP38 - SQL Payroll

What is CP38?

CP38 is an additional tax deduction issued by LHDN, what you need to do if receive a CP38 Form from income tax Malaysia? how to …

What is Withholding Tax?

Withholding tax is an amount of tax that is being withheld by the payer on the income earned by a non-resident payee, check out the …
contribution rate 11% to 9% kwsp epf saving - sql payroll

What is KWSP?

On November 2020, The Employee Provident Fund (EPF) has announced that as of year 2021, the employee’s statutory contribution rate for EPF/KWSP will be reduced …
cp500 form - sql account

What is CP500?

CP500 is known as a “Prepayment of Income Tax by Instalment” or “Notis Bayaran Ansuran”. CP500 is a tax instalment scheme designed by the IRM …
borang e / form e e-filing submission - sql payroll

What is Borang E / Form E?

Form E / Borang E is an employee income declaration report that employers have to submit every year. The Borang E must be submitted by …
what is form cp22a - sal payroll

What is CP22?

CP22 is a form that all employers have to submit to LHDN to declare their newly recruited employees. CP22A is another form submitted by employers …
form ea - sql payroll

What is EA Form?

The Borang EA or the EA form is a yearly remuneration statement that every employee in the private sector will receive. EA forms are crucial …
tp forms what is form tp1 - sql payroll

What is TP Forms?

There are 3 types of TP forms created by the LHDN that have to be issued by employers. The TP forms were made to guarantee …
cp58 exempted incentives gifts - sql payroll

What is CP58?

What is CP58? It is an income statement that shows all incomes in the form of monetary and non-monetary incentives. CP 58 form is given …