×
Notice
The forum is in read only mode.
-
Forum
-
Payroll.my and HR.my
-
General Discussion
-
EPF Contribution
EPF Contribution
Less
More
-
Posts: 5
-
Thank you received: 0
-
-
7 years 1 month ago #1079
by MAX
Hi, my salary is RM3875. Employee EPF contribution is 11%, which is RM426.25.
But according to HR.my payslip, employee EPF contribution of 11% is RM425.00 which is abit different with my calculation.
May I know how HR.my get the figure of RM425?
Thank you.
Less
More
-
Posts: 1939
-
Thank you received: 249
-
-
7 years 1 month ago #1080
by Kap-Chew
According to KWSP, there is some rounding off rules that apply.
Less
More
-
Posts: 5
-
Thank you received: 0
-
-
Less
More
-
Posts: 1939
-
Thank you received: 249
-
-
7 years 1 month ago - 7 years 1 month ago #1084
by Kap-Chew
Er... I am not sure how did you get the result of RM425 from HR.my for "RM3875. Employee EPF contribution is 11%, which is RM426.25."
I have just checked HR.my, the result was RM 427.
And according to KWSP: The total contribution which includes cents shall be rounded to the next ringgit. ->
www.kwsp.gov.my/portal/documents/10180/1...6_04022016_Final.pdf
Last edit: 7 years 1 month ago by
Kap-Chew.
Less
More
-
Posts: 5
-
Thank you received: 0
-
-
7 years 1 month ago #1085
by MAX
Yesterday when I tried with salary RM3875, the payroll did showed EPF contribution is RM425. But now it is back to normal, showing RM427.
Thanks for your information.
Less
More
-
Posts: 1939
-
Thank you received: 249
-
-
7 years 1 month ago #1086
by Kap-Chew
Strange... nothing was done to the payroll module yet... Anyhow I am glad that it works for you now
-
Forum
-
Payroll.my and HR.my
-
General Discussion
-
EPF Contribution
Time to create page: 0.051 seconds
