Paye calculation with relief

[maliks]

Hello,

I’m having a challenge with calculating salary. I have tried to set this up on HR.MY but I cannot figure out how to set the system to calculate PAYE base on income brackets. This is because the PAYE has to be calculated based on Net Salary brackets, not on Gross Salary brackets.

Details:

We have Final Pay = Gross salary - NSSF - SHIF - HL - PAYE.
Net Salary = Gross salary - NSSF - SHIF - HL

Deductions are:

1. NSSF:
   Tier 1 = 6% of 7,000 = 420
   Tier 2 = 6% of 29,000 = 1740
   7, 000 + 29, 000 = 36000
   420+1740 =2160
   And Nssf 0f 2160 applies to salaries beyond 36, 000.

2. SHIF: 2.75% x gross salary

3. Housing levy: 1.5% x gross salary

4. PAYE is calculated by using income brackets.

PAYE is calculated via a table based on Net Salary. (see above definition of net salary).

I have tried to set this up on HR.MY but I cannot figure out how to set the system to calculate PAYE base on income brackets. This is because the PAYE has to be calculated based on Net Salary brackets, not on Gross Salary brackets.

Any suggestions on what I can do?

Any advice would be greatly appreciated.

Thanks

[kapchew]

Can you show me a screenshot of the calculated result from your setup?

[maliks]

Thanks for your reply. Please see screenshot Best PAYE Tax Calculator fo...

[kapchew]

No, I mean the payslip result calculated on HR.my

Also, kindly just attach the screenshot via this forum.

[maliks]

Hello, Please see attached screenshots for:

1. Hr.My calculation
2. Correct calculation