Differences

spay:hrmsprocguide:director_fees [2026/02/03 09:10] ndomingue		spay:hrmsprocguide:director_fees [2026/02/04 08:41] (current) ndomingue
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-	==========PAYE Calculation Checklist – Director Fee=====	+	==========Director Fee=========
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	* Step 2: Check that the **Total Emoluments paid in previous months** is zero, since the employee was already taxed at a flat rate of 15% in the previous month; therefore, no cumulative amount applies.		* Step 2: Check that the **Total Emoluments paid in previous months** is zero, since the employee was already taxed at a flat rate of 15% in the previous month; therefore, no cumulative amount applies.
-	* Step 3: Ensure that **Reliefs and Exemptions** are zero, as the employee has not submitted an EDF and is therefore not entitled to any exemptions	+	* Step 3: Ensure that **Reliefs and Exemptions** are zero, as the employee has not submitted an EDF and is therefore not entitled to any exemptions.
	* Step 4: Ensure that the **Chargeable Income** corresponds to the difference between the total emoluments (including taxable benefits) and the less reliefs and exemptions.		* Step 4: Ensure that the **Chargeable Income** corresponds to the difference between the total emoluments (including taxable benefits) and the less reliefs and exemptions.
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	* Step 5: Check the **Tax Charged (PAYE)** which represents 15% of the chargeable income.		* Step 5: Check the **Tax Charged (PAYE)** which represents 15% of the chargeable income.
-	* Step 6: Check that the **Tax paid in previous months ** is zero, since the employee was taxed at a flat rate of 15% on previous emoluments; therefore, no cumulative tax applies	+	* Step 6: Check that the **Tax paid in previous months ** is zero, since the employee was taxed at a flat rate of 15% in the previous month; therefore, no cumulative tax applies.
	* Step 7: ** “Tax to be withheld in the month”** corresponds to the amount of the Tax Charged (PAYE).		* Step 7: ** “Tax to be withheld in the month”** corresponds to the amount of the Tax Charged (PAYE).