How To Calculate Pcb For Bonus
3 ways to do pcb calculation for bonus without a payroll software has been viewed more than 45 000 times.
How to calculate pcb for bonus. Below we outline 3 ways calculate the pcb for bonus without using a computer software. 1 12 x net bonus net salary therefore amount 1 12 x rm7 940 rm3 560 rm4 221 67 pcb 2010 according to table for rm4 221 67 rm194 pcb for bonus rm194 rm87 x 12 rm1 284 total pcb. There have been many enquiries on pcb bonus calculations from companies using excel. Thus amount 1 12 rm2 830 rm2 670 rm2 905 83.
The formula to calculate the pcb for bonus. Based on jadual pcb 2010 the monthly tax deduction for rm2 905 83 is rm42. Jadual pcb 2020 pcb table 2018. Total pcb for bonus rm42 12 rm216.
Therefore for the month with bonus. To make it easier for such users we have designed an excel template to automate the difficult parts of the pcb bonus calculation. Alternatively you may change the calculate for option to bonus only this will show the exact amount of statutory contributions for the bonus component only. In fact our article.
Bonus to calculate pcb gross bonus epf deduction left rm8 000 rm60 rm7 940 the amount for bonus pcb calculation has a formula like this.