MANAGEMENT

Managing & Processing Payroll in Malaysia

Ensure proper preparation of payslips and statutory returns. Find out how you can improve on the payroll management and process for your organisation.

Facilitator NaMe oF Facilitator

MANAGEMENT

Managing & Processing Payroll in Malaysia

earning Your Keep

An organisations payroll indicates financial records of employees salary payments, bonuses and deductions. The management of payroll is expected to adhere to the latest statutory obligations as they are subjected to law and regulations. Effective and efficient payroll management ensures payslips are properly prepared, salaries are paid and statutory returns are completed. Apart from Employment Terms and Conditions, this programme will also highlight the computation of EPF, SOCSO, HRDF contributions and income tax deductions according to the Employment Act 1955. Join us today to find out more about the payroll system, its upkeeping and other statutory requirements.

objectives At the end of this programme, participants will: Learn how to calculate pay based on employment terms & conditions according to the Employment Act 1955 Have an understanding of termination and lay-off benefits and its computation Understand the computation of EPF, SOCSO, HRDF contributions and income tax deduction Understand in detail the background and benefits of EPF, SOCSO, HRDF contributions and income tax deduction Learn how to set up the payroll system and its upkeeping Understand the year-end reports and statutory requirement MethodologY Participative discussion Group discussion Exercises and application of principles Lectures supported by actual case studies

Facilitator Pat Yeoh Pat is one of the Managing Consultant in PM Resources Sdn Bhd. With more than 10 years experience in management of the outsourcing practice, human resource consulting and personnel management, she also advises clients in business processes outsourcing. Her portfolio ranges from multinationals, local conglomerate, small medium size companies and MSC status companies. She specialises in the design, development and implementation of tailored-made business models to meet clients' outsourcing requirements. Pat has spoken and presented at a number of HR seminars, conferences and workshops. She was also the consultant and technical reviewer / author for several publications by CCH Malaysia. Pat is also an avid writer and contributor to the New Straits Times Appointment Pages, the Ascent Section of The Sun newspapers and the CCH Malaysian Employers Bulletin. She has also appeared on the TV3 Malaysia Hari Ini Talk Show. She possesses a Graduate Diploma in Financial Management and a Bachelor of Economics. Pat is also a life member of Persatuan Ekonomi Malaysia.

Who should atteNd Finance Managers and Accountants Finance and Accounts Executives Human Resource Managers & Executives Administration, Personnel Managers & Executives Payroll Executives Anyone responsible for payroll processing

MANAGEMENT

Managing & Processing Payroll in Malaysia

course outliNe 1. Definition of Payroll 2. Employment Terms and Conditions 3. Application of Employment Act 4. Employment Related Calculations Part-time Employees Wage Periods Overtime on Public Holidays Normal Overtime Maternity Allowance Unpaid Leave Payment in Lieu of Notice Payment for Annual Leave 5. Application of Employment Related Calculations 6. Termination and Lay-Off Benefits 7. Application of Termination and Lay-Off Benefits 8. Employees Provident Fund (EPF) Background Obligations on Employers and Employees Accounts of Contributors EPF Benefits - Additional Amount Payable to Members - Investment by Members in Fund Management Institutions - EPF Members Savings Investment Scheme Retirement General Rate of Monthly Contribution 9. Social Security Organisation (SOCSO) Background 1st Category SOCSO Contributions 2nd Category SOCSO Contributions Assumed Wages Calculation of Temporary Disablement Benefit 10. Human Resource Development Fund (HRDF) Background Rate of HRD Levy Application of HRDF 11. Income Tax Deductions Background Objectives of the Monthly Tax Deduction (MTD) Employees Residence Status Employee Category Definition of Remuneration in the Income Tax context Benefits-in-Kind (BIKs) and Value of Living Accommodation (VOLA) Allowable Deduction and Rebate Under the Act Child Relief Optional Deductions Computerised Calculation Method and Schedular Tax Deduction Method Additional Remuneration Formula Compensation for Loss of Employment Additional information of the Monthly Tax Deduction (MTD) 12. Setting Up the Payroll System and Upkeeping

Managing & Processing Payroll in Malaysia

ParticiPaNts' details
Participant 1 Full name as per I/C (Dato' / Datin / Dr / Mr / Mrs / Ms): o Vegetarian

registratioN ForM
Please o the appropriate checkboxes.

Member Member Firms Staff or Sponsored Staff 1 Non-member

| RM 800 | RM 900 | RM 1,000

Designation: Participant 2

Membership No.1:

o 14 & 15 December 2010 (Tue & Wed), Melia Hotel, Kuala Lumpur Contact Tel Fax Email Add : : : : : Vera 03 2279 9358 03 2273 5167 mpdc@mia.org.my Malaysian Institute of Accountants Dewan Akauntan No. 2, Jalan Tun Sambanthan 3 Brickfields, 50470 Kuala Lumpur

Full name as per I/C (Dato' / Datin / Dr / Mr / Mrs / Ms):

o Vegetarian

Designation: Participant 3

Membership No.1:

Full name as per I/C (Dato' / Datin / Dr / Mr / Mrs / Ms):

o Vegetarian

Designation:

Membership No.1:

orgaNisatioN's details
Organisation: Industry: Address: Contact person:

E-mail:

Tel:

Fax:

Signature & Company Stamp:

PaYMeNt details
Payment by cheque Bank & Cheque No.: Payment by credit card o Visa Card No.: I authorise payment of RM: o Master Cardholder's Name: Card expiry date: Amount:

Date:

Signature:

For complete programme details, please download the full brochures from: www.mia.org.my/cpe Our programmes can be customised to meet your in-house training requirements. Please call for details.

terMs & coNditioNs

course Fee Fee is payable to: Mia-MPdc for programmes in the Klang Valley MalaYsiaN iNstitute oF accouNtaNts for programmes in other locations. Fee includes course materials, lunch and 2 tea breaks per day. Admittance will only be permitted upon receipt of full payment. Registration made by fax must be followed immediately by payment. caNcellatioN / traNsFer Upon registering, participant(s) are considered successfully enrolled in the event. Should participant(s) decide to cancel / transfer their enrollment; a cancellation /transfer fee will be levied. Written cancellations/transfer notice received: Five (5) working days before the event, a refund (less an administrative charge of 20%) will be made. For no-show on the day of the event, no refund will be entertained. You can substitute an alternate participant(s) if you wish to avoid cancellation / transfer charges. Any difference in fee charges will be charged accordingly. Cancelled / transferred unpaid registrations will also be liable for full payment of the registration fee. sPoNsored staFF Sponsoring member is required to indicate his/her name, designation and membership number in the registration form. The sponsored staff must report directly to him/her in his/ her firm or company, but for the latter, not in a subsidiary or related company. In the absence of written information on sponsoring, no refunds will be applicable after confirmation of acceptance of registration. Terms and conditions apply.
1

cPe hours All participants will be presented with a Certificate of Attendance upon successful completion of the programme. For MIA members, the CPE hours will be credited into the Membership System within 2 weeks of the programme. disclaiMer Malaysian Institute of Accountants (MIA) reserve the right to change the speaker(s), date(s) and to cancel the programme should circumstances beyond its control arises. MIA also reserve the right to make alternative arrangements without prior notice should it be necessary to do so. Upon signing the registration form, you are deemed to have read and accepted the terms and conditions.