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Monthly Tax Deduction (PCB)

lim
Member
Wed, 01 Nov 2017 01:17:14 AM  (Last updated: Wed, 01 Nov 2017 05:32:06 PM)

who can show the formula to calculation monthly tax deduction?? cause i already confuse in the calculation.

Please kindly advise.

Thanks & Regards 

KL Siew
Administrator
Wed, 01 Nov 2017 01:32:24 AM

Isn't there a schedule or table for you to follow? If you are not sure, contact the LHDN.

lim
Member
Wed, 01 Nov 2017 01:39:45 AM

Yup KL Siew, i got a table Year 2016, but i just confuse in the formula for calculation the monthly net remuneration...

KL Siew
Administrator
Wed, 01 Nov 2017 03:47:09 PM

I don't know, if you are using a payroll software, ask the software provider.

lim
Member
Wed, 01 Nov 2017 05:17:33 PM

ya, we got use payroll software but we didn't use it to determine MTD,we manual calculate and refer to the MTD Table get the figure then key in to the payroll system...so i just wan to know how the formula to calculate the net remuneration and take it to refer to the MTD table and get the MTD figure.

Thanks KL Siew 

KL Siew
Administrator
Wed, 01 Nov 2017 05:26:40 PM

Sorry, don't know any formula. 

lim
Member
Wed, 01 Nov 2017 05:32:06 PM

is ok, thanks KL Siew...i will to refer to others...

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