==============Car Benefit Adjustment in November 2025 Payroll===================


Below is an extract of the Review of Taxation of Car Benefit from the MRA National Budget 2025/2026 Fiscal Measures Highlights

{{:spay:hrmsprocguide:car_benefit_costing6.png|}}

If you have applied the new car benefit values effective 01st October 2025 in July, August and September 2025. To correct this in the November 2025 payroll, follow the steps below:

  *  Step 1: Calculate the Car Benefit Adjustment amount (refer to the below Excel illustration)
  *  Step 2: In the Employee's Payments and Deductions, insert the Car Benefit Adjustment PD Code and amount

{{:spay:hrmsprocguide:car_benefit_table4.png|}}