Step 1 – Determine net income in the pay period
Employer must add all remuneration in cash and benefits-in-kind to determine net pay in the period. This is determined on a pay period basis based on when the payment was made rather than when it was enjoyed.
Step 2 – Calculate net pay after allowable deductions
Employers must deduct from net pay allowable deductions as detailed in 2.1.2 to arrive at the net pay after allowable deductions. This step is applicable for tax residents only.
Step 3 –
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Web page updated on 17 Mar 2025 15:02