How do I enter Mortgage Allowance using the Tax Allowance Breakdown?

Updated on Apr 15, 2019

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 TA5...Mortgage Allowance...cycle change

POWERpay>>Process Payroll>>Cycle Changes

Use this cycle change to enter the deduction amount for First Time Home Ownership (Trinidad and Tobago).

Introduction and Key Concepts 3

Organisation Setup 9

Set Up Payroll Codes 12

Statutory Deductions 14

Tax Allowance Breakdown 9

Pay Cycles 3

Business Rules 14

Positions 2

Employee Data 5

Payroll Processing: Cycle Changes 15

Payroll Processing: Employee Transactions 12

Process Payroll - Fixed Data Imports and Smart Entries 2

Payroll Run 5

Process Payroll - Out of Cycle 3

Reports 7

Statutory Reports 5

Payroll Adjustments 1

Year End Adjustments 1

Year End Close 7

Payroll FAQs 5