The Tax Allowance Breakdown allows the entry of individual tax allowances rather than a summed figure.
This makes it easier to view the specific items that make up an employee's total Taxable Allowances that is permitted by Law.
Enter a TA4...Annuity...cycle change
POWERpay>>Process Payroll>>Cycle Changes
Deferred Annuities MUST be approved by the Board of Inland Revenue (Trinidad and Tobago) before the contribution amount can be claimed as an taxable allowance.
0 Comments
Add your comment