Calculation on PCB for Bonus

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1 month 4 weeks ago #1430 by Yao
Yao created the topic: Calculation on PCB for Bonus
Is there any difference on the net pay whether Bonus is to be paid out together or separately with the monthly income?

I tried the payroll calculation and noticed that PCB deduction only on Bonus is so much lower when the Bonus is paid together with monthly income. You may refer to the screenshots attached.

Appreciate your clarification on this. Thanks
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1 month 4 weeks ago #1431 by Kap-Chew
Kap-Chew replied the topic: Calculation on PCB for Bonus
I can't clarify why, but the calculation was based on PCB formula. Perhaps you could check out IRB for further clarification.

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1 month 4 weeks ago #1432 by Yao
Yao replied the topic: Calculation on PCB for Bonus
Alright, i'll try to check with IRB... But i did asked few of my friends that are doing HR, they said the amount should be the same irregardless pay together or separately. Is that correct? Thanks

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1 month 4 weeks ago #1433 by Kap-Chew
Kap-Chew replied the topic: Calculation on PCB for Bonus
To be honest, this is what puzzles me too. But you may consult the PCB formula to validate if you get different results if you follow strictly.

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