1. SOCSO and EIS wage ceiling updated from RM 5,000.00 to RM 6,000.00.
Effective 1st October 2024, PERKESO will enforce a new wage ceiling for contributions from RM5,000 to RM6,000.Employees earning more than RM5,000 will now have their contributions capped at the new ceiling of RM6,000. The changes start from October 2024 payroll month.
SOCSO rate update:
EIS rate update:
For more information, kindly refer to the official documentation:
Release Note CP 1.0.63
Update
1. SOCSO and EIS wage ceiling updated from RM 5,000.00 to RM 6,000.00.
SOCSO rate update:
EIS rate update:
For more information, kindly refer to the official documentation:
https://www.perkeso.gov.my/en/our-services/employer-employee/kadar-caruman.html
Enhancements
1. Instant EA- Enhanced pop-up message when employee’s final payroll process is not committed.
2. Subscription- Allow Accountant plan users to switch to Premium or Express plan.
*Premium and Express Plan is not allowed to switch to Accountant Plan.
Bug Fixes
1. Leave Wizard- Fixed an issue when saving approval settings- by hierarchy.
2. Addition & Deduction- Fix issue when saving Addition/ Deduction with start and end period.
3. Billing party- Fixed issue when saving post code that starts with ‘0’.
4. EIS- Fixed EIS calculation when tax status is ‘non-resident’.
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