Bonus Need To Pay Socso
As a result of this increase socso would pay the pension arrears adjustment beginning from 26 dec to eligible socso recipients.
Bonus need to pay socso. Socso announced an increase for its pension rates on 8 november 2017. How to pay socso perkeso online. If you re still paying cheque to the socso counter you should moving it to online. Overtime payments commissions paid leaves and allowances are subject to socso as well except for annual bonuses mileage claims etc.
Payments subject to socso contribution wages for contribution purposes refers to all remuneration payable in money by an employer to an employee. Wages subject to socso contribution. This will come under the employment injury scheme and invalidity scheme. All renumeration or wages stated below and payable to staff workers are subject to socso contributions.
Wages or salary payment subject to socso contribution recommended. Which payments are subject to socso contribution and which are exempted. Socso eis contributions. Disclaimer socso is not responsible for any damage or loss caused by using the information in this website.
Employer s contribution rate for socso. Salary wages full part time monthly hourly overtime payments commission paid. Need to apply ssm report lodgement deadline. Employee contribution rate is based on the employee s wages overtime commissions service charge annual leave emoluments sick leave maternity leave public holidays incentives meal allowance cost of living and housing allowance and so forth all payments whether hourly daily weekly or monthly rated are.
From what we heard from socso it was mentioned that they will eventually discontinue iperkeso and we should continue our payment in assist portal. Mozilla firefox and google chrome. 1024 x 768 browser. Not all wages payments to staff workers are subject to socso contribution and there are certain wages excluded from socso contribution.
How is the mode of payment and contribution to socso determined. Deduct your employees share of socso contribution from their monthly salary and pay it to the socso along with your share. Socso we ve seen it on our pay slip every month. For further clarification on definition of wages kindly contact socso offices or customer service careline at 1 300 22 8000.