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Idiot says: 15 October 2015 at 15:14 I need a wage structure where the employer contributes 8% to a provident fund and the employee contributes 7. 5% to the same provident fund. How and when is PAYE deducted? Do you add the 8% to the basic wage and then deduct PAYE? |
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TaxTim says: 15 October 2015 at 18:29 The employer contribution to a provident fund is not taxable in the hands of the employee so you can ignore that for PAYE purposes. |
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Idiot says: 16 October 2015 at 8:56 Very helpful.Thank you. |
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TaxTim says: 16 October 2015 at 18:56 Only a pleasure! |
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