Common Statutory Form
Operating a company is not easy. There are many things that need to be managed at all costs. It is fair to say that for most businesses, Time is Money, in another way to explain the concept of Opportunity Cost is time is a valuable resource and we better do things as quickly as possible. Hence, most of the businesses are spending most of the time and effort on their core business activities to achieve their business objectives.
Payroll is one of the critical functions in all business. Managing payroll can be struggle if you’re not familiar with it and missing a payroll deadline, filling wrong Statutory Contribution or filing the wrong Statutory Form can be expensive consequences.
Below are the information and common Statutory Form you should know before further action.
Monthly Statutory Submission
| Statutory Description | Form | Submission Method | Payment Due Date |
|---|---|---|---|
| Monthly Tax Deduction (MTD/PCB) | Form CP39 | Online | Before 15th of the following month |
| Employees’ Provident Fund (EPF) | Form A | Online | Before 15th of the following month |
| Social Security Organization (SOCSO) | Form 8A | Online | Before 15th of the following month |
| Employment Insurance System (EIS) | Lampiran 1 | Online | Before 15th of the following month |
| Human Resources Develop Fund (HRDF) | Form 2A | eTRIS | Before 15th of the following month |
Annual Form / Year End
| Form / Description | Submission Method | Due Date |
|---|---|---|
| Form E Declaration statement of remuneration paid to employees and PCB deducted during the year |
efiling | Before 31st March of the following year |
| Form EA also known as CP8A Statement of remuneration paid to an employee during the year |
N/A | Distribute to employee by 28th of February of the following year. |
Form to be submit to Lembaga Hasil Dalam Negeri (LHDN）
Notification to Lembaga Hasil Dalam Negeri (LHDN) on Employee Movement
| Form | Description |
|---|---|
| CP21 | Notification by Employer of Employee’s Departure from Malaysia (Leaver) |
| CP22 | Notification of new employee |
| CP22A | Notification of Cessation of Employment for Private Sector |
| CP22B | Notification of Cessation of Employment for Public Sector |
Disclaimer
Information contained in this site includes information derived from various third parties. Links to other Internet Sites are for information only. The Statutory information may be subject to change under certain circumstances and impact on the accuracy of the Information. Users is responsible to make their own investigations, decisions, enquiries about the information retrieved from other Internet Sites.
Every organization seeks for accuracy in adhering to the timelines, but the challenge is the ever-changing of regulations and policies. Partnering with an expert payroll provider would be the best approach to overcome this challenge.
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