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Monday, October 18, 2010

Budget 2011


Tax relief for parent medical expanded to include expenses on parent care if verified by practitioner as necessary.

Thursday, January 28, 2010

PCB 2010

New PCB deduction schedule and Explanatory notes available now at IRB website, click http://bit.ly/PCB2010 for 2010 PCB schedule and http://bit.ly/cUciSN for explanatory notes.

The IRB website has also included e-PCB system to ease employer without payroll software to calculate and check PCB. (At launching phase only avail to selected employer, for futher info can contact IRB customer service centre at 1300-88-3010 to activate the account)

The system will store employee information and facilitate PCB submission and payment online thus saving time and cost for employer in PCB compliance.