How to setup custom Tax or EPF rate?

Sometimes you may need to custom an amount for a specific rate, especially statutory deduction, such as tax and EPF. In other words, instead of letting system to calculate the amount of tax to be paid, you want to key in a specific amount that has the system to just take that amount and print out in the payslip. 

This section will guide you to do just that. 

Go to Payroll -> Employee List -> Edit, then select Salary Setting. Make sure that you select the right Career Progression as well. 

Scroll down to the 'Salary Additional Setup' section, click the 'Custom Rate' button. 

You will get a pop-up window similar to this

Assuming you need to key in a customer amount for Tax and EPF, tick on the box of 'Custom Income Tax' and 'Custom EPF', then enter the value for employee and employer (if applicable). 

Once you are done, click 'Save' button. 

Please note that from system will take these custom amount for Tax and EPF for the whole period of the Career Progression, instead of calculating the EPF and Tax based on statutory requirements. 

• Related Articles

• 4. How to Calculate EPF?

  The information below shall only be used for reference purposes. iWoWSoft has been trying its best to keep the information up to date and align with the KWSP website(www.kwsp.gov.my). However, iWoWSoft is not liable for any misleading and inaccurate ...

• 6.2 Company EPF Setup

  Location: Main -> Payroll -> Setting -> Statutory Setting -> EPF Setting To create an EPF group, click on the 'Create' button. It will bring you to the screen below. Insert the EPF Group Description as well as the Sequence Number. The Sequence Number ...

• 5.4 Unit Rate Setup

  Go to Main -> Payroll -> Unit Rate Setting -> Unit Rate Group,  The table shows a list of all available Unit Rate Group. Click the 'Unit Rate Setup' button to set up details for each Unit Rate Group.

• Statutory Setup

  ocation: Main -> Payroll -> Setup -> Statutory Setup This is where you set up the Statutory requirements, such as Income Tax, EPF settting, and others.  Articles include:  Income Tax Relief Company EPF Setup Company VOL Setup HRDF Setup Payroll ...

• How to Custom HRDF Contribution Rate?

  The default HRDF contribution categories have pre-defined contribution rates in compliance with the HRDF requirements, hence the contribution rate is seldom changed. In the event that requires you to apply custom HRDF rate in the system, please ...