Differences

spay:userguide:employee_edfadj [2011/02/02 13:43] aozeer		spay:userguide:employee_edfadj [2020/06/05 15:22] (current) mclement
Line 16:		Line 16:
	- a change is notified as from the 1st month of the fiscal year OR		- a change is notified as from the 1st month of the fiscal year OR
	- the Government authorities officially declare new Income Exemption Threshold amounts		- the Government authorities officially declare new Income Exemption Threshold amounts
		+	* **Additional Exemption:** This is the amount found on employee EDF - for those having children pursuing undergraduate course
		+	* **Interest Relief:** This is the amount found on employee EDF - for those having contracted a house loan (first time home owners)
		+
	{{skb:info.png}}An EDF adjustment is done only when the employee changes <fc #6495ed>Income Exemption Threshold</fc> category, i.e there is a change in the number of dependents of the employee.		{{skb:info.png}}An EDF adjustment is done only when the employee changes <fc #6495ed>Income Exemption Threshold</fc> category, i.e there is a change in the number of dependents of the employee.
Line 25:		Line 28:
-	* **First Employment:** Flag is activated when employee starts working for the first time in the current fiscal year	+	* **First Employment:** Flag is activated when employee submits an EDF for the first time in the current fiscal year
	* **Pensioner:** Flag is activated if employee is more than 60 years of age		* **Pensioner:** Flag is activated if employee is more than 60 years of age
	* **Tax Exemption:** Flag is activated to force the system not to calculate tax for the employee		* **Tax Exemption:** Flag is activated to force the system not to calculate tax for the employee
Line 34:		Line 37:
	* **PAYE Er %:** The percentage tax the employer has to pay for the employee		* **PAYE Er %:** The percentage tax the employer has to pay for the employee
		+
	====== Apply Employee Declaration Form (EDF) Adjustment ======		====== Apply Employee Declaration Form (EDF) Adjustment ======
	An EDF adjustment is done when the employee changes <fc #6495ed>Income Exemption Threshold</fc> category, i.e there is a change in the number of dependents of the employee and this, as from the 2nd month of the fiscal year		An EDF adjustment is done when the employee changes <fc #6495ed>Income Exemption Threshold</fc> category, i.e there is a change in the number of dependents of the employee and this, as from the 2nd month of the fiscal year
-	{{:spay:usermanual:empedf2.jpg|}}	+	{{:spay:userguide:edfadj2.jpg|}}
	The pointer must be positioned on the employee EDF record first then, input the following in the EDF adjustment form:		The pointer must be positioned on the employee EDF record first then, input the following in the EDF adjustment form:
	* **Adj. No.:** Input the numeric sequence of the adjustment		* **Adj. No.:** Input the numeric sequence of the adjustment
	* **Total Tax Deduc.:** Input the new E.D.F amount as per the new E.D.F Category		* **Total Tax Deduc.:** Input the new E.D.F amount as per the new E.D.F Category
		+	* **Additional Exemption.:** Input the same amount found on top of screen for this same employee (if there is an amount - else this would be zero)
		+	* **Interest Relief.:** Input the same amount found on top of screen for this same employee (if there is an amount - else this would be zero)
	* **E.D.F Date:** Input the date specified on the new E.D.F form		* **E.D.F Date:** Input the date specified on the new E.D.F form
	* **Periods left:** The number of periods left over the current fiscal year as from the adjustment date is displayed automatically		* **Periods left:** The number of periods left over the current fiscal year as from the adjustment date is displayed automatically