Related Articles
Overview of Employment Insurance Scheme (EIS)
Introduction The Employment Insurance Scheme (EIS) is a financial scheme established by PERKESO in January 2018 to aid Malaysians who have been retrenched. EIS also provides Public Employment Services and Labor Market Information (LMI) to the ...
Overview of Employment Provident Fund (EPF)
Introduction The Employment Provident Fund (EPF) or Kumpulan Wang Simpanan Pekerja (KWSP) is a social security scheme established according to the Laws of Malaysia. The purpose of EPF is to help employees to save and grow part of their income ...
Overview of Social Security Organization (SOCSO)
Introduction Social Security Organization (SOCSO), also known as Pertubuhan Keselamatan Sosial (PERKESO), is a Malaysian government agency established to provide social security protections to employees and their dependents through the ...
EPF Calculation
The contribution rate of EPF in the Third Schedule is determined based on the total EPF wages of the employee for the payroll month. EPF Wages is the total remuneration in the form of money paid by an employer to an employee that is subject to EPF ...
Income Tax Forms
Form E or CP.8D Statement of employee remuneration and monthly tax deduction (MTD) for the whole year, to be submitted online to LHDN by 31 March of the following year. For example, Form E for year 2019 must be submitted by 31 March 2020. This form ...