Maintain Rate Tables

This activity allows you to create the rate table details. Through the rate table, you can maintain the rates for deducting the contributions for EPF and SOCSO. The rate table will take into the account the age range and/ or the wage range to compute the slab for deducting the contributions.

Select the “Maintain Rate Tables” from the left pane.

The “Maintain Rate Tables” page appears.

The system displays the following

Malaysian Statutory Setup Unit

Use the drop-down list box to select the Malaysian statutory setup unit to which an employee belongs.

The “Maintain Rate Tables” page has three tabs:

EPF Rate Table

This tab allows you to specify the different ranges of EPF rate percentage of an employee towards Employee Provident Fund. You can also define EPF Rate tables for Malaysian Nationals and Non Nationals. You can also specify the EPF contribution amounts for employee EPF and employer EPF based on the age and salary range for the applicable EPF percentage rates for a given effective date.

The system displays the following

Effective From	The effective start date of the EPF rate.
Effective To	The end date of the EPF rate.

Enter the following details in the header:

EPF For	Use the drop-down list box to specify whether the EPF is applicable for either “Nationals” or “Non-Nationals”. The system displays “Select” by default on launch of the page.
Employee Percentage	Use the drop-down list box to specify the employee percentage towards the EPF contribution.
Employer Percentage	Use the drop-down list box to specify the employer percentage towards the EPF contribution.

Click the “Previous” pushbutton to view the previous set of EPF rate table records.
Click the “Next” pushbutton to view the next set of EPF rate table records.
Enter the following details in the multiline:

Age From	The starting range age limit of the employee.
Age To	The ending range age limit of the employee.
From Salary	The starting range of salary limit of the employee.
To Salary	The ending range of the salary limit of the employee.
Employee Contribution	The employee contribution amount towards the EPF.
Employer Contribution	The employer contribution amount towards the EPF.

SOCSO Rate Table

This tab allows you to specify the different ranges of SOCSO rate percentage of an employee towards SOCSO fund. You can specify the salary limit of an employee to define the SOCSO rate. You can also modify the SOCSO rate table records based on the usage and update with the new effective date.

The system displays the following.

Effective From	The effective start date of the SOCSO rate.
Effective To	The end date of the SOCSO rate.

Click the “Previous” pushbutton to view the previous set of SOCSO rate table records.
Click the “Next” pushbutton to view the next set of SOCSO rate table records.
Enter the following details:

Age From (Months)	The starting range age limit of the employee in terms of month.
Age To(Months)	The ending range age limit of the employee in terms of month.
From Salary	The starting range of salary limit of the employee.
To Salary	The ending range of the salary limit of the employee.
Employee Contribution	The employee contribution amount towards the SOCSO.
Employer Contribution	The employer contribution amount towards the SOCSO.

Tax Rate Table

This tab allows you to specify the tax rate percentage and salary amount exempt from tax for wage ranges of different categories of employees. The employees are categorized as:

Category 1 - Marital status is single
Category 2 - Marital status is married and spouse is not working
Category 3 - Marital status is married and spouse is working or Marital status is divorced, widow, widower

You can also modify the tax rate table records based on the usage and update with the new effective date.

The system displays the following

Effective From	The effective start date of the tax rate.
Effective To	The end date of the tax rate.

Enter the following details:

Category

Use the drop-down list box to specify the category of the employee. The combo is loaded with the categories applicable to the rate table.

Click the “Previous” pushbutton to view the previous set of tax rate table records.
Click the “Next” pushbutton to view the next set of tax rate table records.
Enter the following details in the multiline:

Income From	The starting range of the income limit of the employee.
Income To	The ending range of the income limit of the employee.
Income Upto	The income range of the employee.
Tax Percentage	The tax percentage applicable to the employee.
Value	The tax value applicable to the employee.

Enter the following details:

Modification Option

Use the drop-down list box to specify the modification option. The combo is loaded with “Select”, “Correct” and “Update”. The system by default displays “Select” on launch of the page.

§ Correct: The modified details are saved with the current date.

§ Update: The modified details are updated with the new effective date.

New Effective From

The new effective date of updated records.

Note: Modification Option: While modifying the rate tables applicable to any fund, you can use one of the two available modification options viz., “Correct” and “Update”. If you choose the Correct option, the changes you make will come into effect in the existing record itself. If you choose the Update option, the system closes the existing version of the record and will create a new record containing the changes you make. You are to specify a new effective date which will become the effective date for the new record.

Click the “Save” pushbutton:

The system saves the rate table details.