PayrollHero computations for the 2023 SSS, PhilHealth and Withholding Tax is already released in production for January 2023. Withholding Tax follows the table below: SSS Contributions will use contribution table per memo on this source. PhilHealth Contributions will use the contribution table per memo on this source.
When we have released the updated SSS Contribution that includes the Mandatory Provident Fund (MPF) amounts, seems like the SSS R3 Report only includes the SSS contribution. We have now fixed this… The SSS R3 Report now shows the Total Contribution of the employee including the MPF amount.
We’ve found an issue when the ‘SSS MFP details’ is not selected before exporting the Payroll Register Report, the amount on the report did not include the MPF amounts even though the payroll/payslip shows correct computation. We’ve now fixed this… Unchecking the “SSS MPF details” should now show correct SSS […]
With the latest updated SSS Contributions, employee’s SSS includes the Mandatory Provident Fund (MPF). We’ve made it easier for HR/Payroll Admins to keep track of employees/employer’s MPF by separating the computation on the Payroll Register Report. Here’s what we’ve updated: On the Payroll Register Report, you now have the option […]
Starting a business in the Philippines? Confused about what contributions you need to sign up your team? Whats the BIR? SSS!? Does this all sound like a headache to you? Well stress no more as our PayrollHero Blog team have written an article that explains all these terms and why […]