What should l take note?
- Re-activate PTPTN Repayment Schedule (Extension required application and approval)
- Fill-in KWSP17A (Khas 2021) for employees who opt for EPF employee 11% – for record purpose
- Upload VE Khas 2021 cvs file to EPF I-Akaun
- Update VE Khas 2021 listing to payroll record / system
- Cross check Monthly Schedule Deduction (Example: Loan Repayment / ESPP)
- 2021 Benefit in Kind (BIK) & Value of Living Accommodation (VOLA) monthly schedule (if applicable)
- Memo communication on TP1 update schedule to employees (at least twice a year)
- Ensure payroll system up to date according to latest compliance
- Upkeep employees’ dependent information & child education status
- Preparation of 2020 EA form, Borang E & CP8D (Year to date data verification, confirm with Finance if any payable of taxable income)
- 2021 Benefit in Kind (BIK) & Value of Living Accommodation (VOLA) monthly schedule (if applicable)
- Memo communication on TP1 update schedule to employees (at least twice a year)
- Ensure payroll system up to date according to latest compliance
- Upkeep employees’ dependent information & child education status
- Preparation of 2020 EA form, Borang E & CP8D (Year to date data verification, confirm with Finance if any payable of taxable income)
