In September 2020, Sicorax Payroll creates a new Solidarity Levy Tax deduction code to cater for the Solidarity Levy tax withholding based on the cumulative computation.
To view the new Solidarity Levy deduction code, follow the steps below:
Sicorax Payroll automatically identifies the Solidarity Levy Emoluments based on the Emoluments of the month.
If the Solidarity Levy Emoluments pdcode(s) does not exist , create the new pdcode through Parameters/Payments&Deductions(Call our Support team for assistance)
For the Payroll to cater for the Solidarity Levy tax withholding on the Solidarity Levy Emoluments, it is compulsory to insert the Solidarity Levy Emoluments pdcode(s) and the Solidarity Levy Tax pdcode in the Employee Transactions.
To do so follow the steps below:
After the payroll calculation is performed, view the Solidarity Levy Tax Calculation Slip for verification purposes.
To view the Solidarity Levy Calculation, follow the steps below:
You will also find below an illustration of the PAYE Calculation Slip showing the Solidarity Levy Emoluments and the IET of the month
In July and August 2020, some of you have recorded the Solidarity Levy Tax deduction on Sicorax Payroll using a manual Solidarity Levy Tax deduction pdcode.
However, the Solidarity Levy Tax deduction amount retained for those two months must be imported on Sicorax Payroll before closing September 2020 payroll. The import will result in the computation of the cumulative Solidarity Levy tax withholding.
Before performing the import, you must download and fill the Excel template SLHisto2021.xls, refer to the following steps to download and fill
Payroll Checklist - Detailed
Payroll Checklist - Solidarity Levy Calculation Slip
Payroll Checklist - PAYE Calculation Slip