Calculation on PCB for Bonus
6 years 11 months ago #1430
by Yao
Calculation on PCB for Bonus was created by Yao
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
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
6 years 11 months ago #1431
by Kap-Chew
Replied by Kap-Chew on 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.
6 years 11 months ago #1432
by Yao
Replied by Yao on 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
6 years 11 months ago #1433
by Kap-Chew
Replied by Kap-Chew on 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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