Managing & Processing Payroll In Malaysia & Payroll Tax Computation

Payroll is an organisation’s financial records of employees’ salary payments, bonuses and deductions. An organisation’s payroll management is expected to adhere to the latest statutory obligations as they are subjected to law and regulations. Effective and efficient payroll management ensures payslips are properly prepared, salaries are paid and statutory returns completed.

Apart from Employment Terms and Conditions, this programme will also highlight to participants the computation of EPF, SOCSO, HRDF contributions and income tax deductions according to the Employment Act 1955. In addition, the Malaysian payroll system, up-keeping of payroll system and other statutory requirements will also be covered.

Objectives               The program should achieve the following objectives:

• Learn how to calculate pay based on employment terms & conditions according to the Employment Act 1955.
• Have an understanding of termination and lay-off benefits and its computation.
• Understand the computation of EPF, SOCSO, HRDF contributions and income tax deduction.
• Understand in detail the background and benefits of EPF, SOCSO, HRDF contributions and income tax deduction.
• Learn how to set up the payroll system and up-keeping of payroll system.
• To understand what are the year-end reports & statutory requirement.

Module 1

• Definitions of Payroll

Module 2 - Employment Terms and Conditions

-        The background

-        Definitions

-        Casual workers

-        Temporary employees

-        Employees Outside the Coverage of the Employment Act

-        Salary for Incomplete months

-        Ordinary rate of Pay

-        Notice Period and Termination

-        Notice Period and Termination

-        Inquiry, Misconduct and Suspension

-        Payment of wages

-        Imprisonment and Court Attendance

-        Annual Bonus

-        Deduction from Wages

-        Advance to Employees

-        Female Employees

-        Rest day, work on rest day

-        Hours of work, shift work

-        Holidays

-        Annual leave, sick leaves

Module 3

• Application of Employment Act

Module 4 - Employment Related Calculations

-        Part time employees,Casual Employees

-        Wage Periods

-        Overtime on Public Holidays, Normal Overtime

-        Incentive Payment, Maternity Allowance

-        Unpaid leave, Payment for Annual Leave

-        Payment in Lieu for Notice

Module 5

• Application of Employment Related Calculations

Module 6

• Termination and Lay-Off Benefits

Module 7

• Application of Termination and Lay-Off Benefits

Module 8

• Employees Provident Fund (EPF)

-        Background

-        Obligations on employees and employers

-        Account of Contributors

-        EPF Benefits

• Additional amount payable to members
• Investment by members in fund management institutions
• EPF members’ saving investment scheme

-        Retirement

-        Rate of monthly contribution

-        General

Module 9

• Social Security Organisations (SOCSO)

-        Background

-        1st category SOCSO Contributions

-        2nd category SOCSO contributions

-        Assumed Wages

-        Calculations of temporary disablement Benefits

Module 10

• Human Resources Development Fund (HRDF)

-        Background

-        Rate of HRD Levy

-        Application of HRDF

Module 11

• Income Tax Deduction

-        Background

-        Objectives of the  monthly tax deduction (MTD)

-        Employees’ Residence Status

-        Employee category

-        Definitions of Remuneration in the income tax context

-        Benefits-in-kind (BIKs) and Value of living accommodation (VOLA)

-        Allowable deductions and rebate under the act

-        Optional deductions and rebates

-        New hire in the company

-        Additional remuneration formula

-        Compensation for the loss of employment

-        Additional information of the monthly tax deduction (MTD)

Module 12

• Setting up the Payroll System and up-keeping

-        Yearend reports and statutory requirements

Ms. Patricia PW Yeoh
Qualification / Professional Membership

•   Graduate Diploma in Financial Management
•   Bachelor of Economics, University of New England, Australia
•   Certified Trainer with the Pembangunan Sumber Manusia Bhd (PSMB)
•   Life Member of the Persatuan Ekonomi Malaysia

Relevant Expertise and Work Experience

Ms. Yeoh is one of the Managing Consultant in PM Resources Sdn Bhd with a Degree in Economics and a Graduate Diploma in Financial Management from Australia. She is also a certified trainer with Pembangunan Sumber Manusia Berhad (PSMB). She has more than 20 years’ experience where her skills have been capitalised in various capacities including overall management of the outsourcing practice, human resource consulting and personnel management as well as an advisory role to clients in business processes outsourcing. Her portfolio ranges from multinationals, local conglomerate, small medium size companies and MSC status companies. Her area of expertise is in the design, development and implementation of tailored-made business models to meet the outsourcing requirements of different clients. The good combination of her creativity and business acumen is evident in the review and design of business processes aimed to streamline various procedures and work flow to ensure that efficiency is maximised and adequate controls are in place, at the same time, continuing to look into effective cash and cost management. Ms. Yeoh is also involved in business development and has spoken and presented at a number of HR seminars, conferences and workshops organised by Systematic Secretarial Centre Sdn Bhd, Jobs DB Malaysia Sdn Bhd, CCH Malaysia Sdn Bhd and The Asia Business Forum.

Topics covered during these seminars, conferences and workshops include:

•   Surviving The Job Market In This Current Economic Situation
•   Hiring On The Net – Do You Have An E-Strategy?
•   Human Resources – Your Investment
•   Designing, Implementing & Maintaining a HR Balanced Scorecard For Organisational Success
•   Managing Performance To Improve Career Management And Succession Planning Initiatives
•   Developing Effective Human Resource Policies & Practices
•   Managing For Performance
•   Achieving Optimal Organisational Performance
•   Managing & Processing Payroll in Malaysia
•   Payroll Tax Computation
•   Developing Job Descriptions
•   Effective Interviewing Skills

She was also the consultant and technical reviewer / author for the following publications by CCH Malaysia:

•   The Hands On Guide – HR Skills for Managers Training Kit Malaysia
•   CCH Job Descriptions Software Package
•   Recruitment Manager Software
•   Essential HR Solutions Malaysia Letters, Forms & Policies
•   CCH Employee Manual
•   HR Letters, Forms and Policies Malaysia

Ms. Yeoh also trains for the Malaysian Institute of Accountants (MIA), Mind Growth Training Consultancy, Applied Intellect Management Training Sdn Bhd, Globalacc Research & Training Sdn Bhd and P To B Solutions (P2B).

Ms. Yeoh is an avid writer and has contributed to the New Straits Times Appointment Pages, the Ascent Section of The Sun newspapers and the CCH Malaysian Employers’ Bulletin. She has also appeared on the TV3 ‘Malaysia Hari Ini’ Talk Show and on Capital TV under the Capital Talk Segment.

Fees: RM1,998 (for 3 days course) and we would also be giving you additional FREE HR Advisory Service*: