{"id":536,"date":"2024-05-28T04:06:51","date_gmt":"2024-05-28T04:06:51","guid":{"rendered":"https:\/\/www.info-tech.com.my\/blog\/?p=536"},"modified":"2026-03-18T04:32:19","modified_gmt":"2026-03-18T04:32:19","slug":"payroll-calculation-for-businesses","status":"publish","type":"post","link":"https:\/\/www.info-tech.com.my\/blog\/payroll-calculation-for-businesses\/","title":{"rendered":"How Is Payroll Calculated? Payroll Calculation Formula For Businesses"},"content":{"rendered":"\r\n<h2><strong>Introduction: The Importance of Getting Payroll Right\u00a0<\/strong><\/h2>\r\n<p><span data-contrast=\"auto\">Payroll\u00a0isn&#8217;t\u00a0just something you do every month \u2014\u00a0it&#8217;s\u00a0one of the most important jobs in any company. Whether you run a small business or a big corporation,\u00a0correct payroll calculations help to:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Keeping\u00a0employees\u00a0happy and trusting<\/span><\/b><span data-contrast=\"auto\">\u00a0by paying them and on time<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Following the rules<\/span><\/b><span data-contrast=\"auto\">\u00a0set by LHDN, EPF, SOCSO, and EIS<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Clear view of finances<\/span><\/b><span data-contrast=\"auto\">\u00a0for planning, checks, and getting ready for online billing<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><span data-contrast=\"auto\">Just one slip-up in payroll can lead to short pay, penalties, or employees losing faith. That&#8217;s why it&#8217;s key to understand how Malaysia figures out payroll \u2014 as computers take over more tasks and new rules come into play in 2026.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h3><strong>What Makes Up Payroll\u00a0Calculations?\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">Figuring out payroll in Malaysia\u00a0isn&#8217;t\u00a0just about base\u00a0pay. You need to handle government payments extra\u00a0pay, and\u00a0take-aways \u2014 all based on local work laws.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Parts of Payroll:<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">1. Basic Salary<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">2. Fixed Allowances (like transport, meal, housing)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">3. Variable Pay (such as commission, overtime, bonuses)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">4. Deductions (EPF, SOCSO, EIS, PCB, unpaid leave)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">5. Net Pay (after all statutory and non-statutory deductions)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h2><strong>Payroll Calculation Process: Step-by-Step\u00a0<\/strong><\/h2>\r\n<h3><strong>1. Pick the Pay Period\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">Choose if\u00a0you&#8217;ll\u00a0pay\u00a0employees,\u00a0every two weeks, or weekly. Most companies in Malaysia use a monthly cycle. They pay by the 7th of the next month, as the Employment Act 1955 requires.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h3><strong>\u00a02. Gather Employee Information\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">Before you work out payroll, get these details:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Employee name, job title, and first day<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Job type (full-time, contract, part-time)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Pay structure and extras<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Bank info<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">EPF, SOCSO, EIS group<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"10\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">PCB\/MTD (Monthly Tax Deduction) tax number<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p>A digital HRMS system keeps all this info correct and fresh.\u00a0<\/p>\r\n<h3><strong>\u00a03. Add Attendance &amp; Time Off Data\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">Correct pay depends a lot on attendance and time off records. You need:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Days at work<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Okay&#8217;d\u00a0paid\/unpaid time off<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Extra hours<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">No-shows or late arrivals<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><strong>Up-to-date payroll programs (like Info-Tech HRMS) combine attendance records straight into payroll cutting out manual mistakes.\u00a0<\/strong><\/p>\r\n<h3><strong>4. Calculate Gross Pay\u00a0<\/strong><\/h3>\r\n<p><b><span data-contrast=\"auto\">Formula:<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">Gross Pay = Basic Salary + Allowances + Overtime + Bonuses<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">For\u00a0<\/span><b><span data-contrast=\"auto\">monthly-salaried employees:<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">Gross Pay = (Yearly Salary \u00f7 12)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">For\u00a0<\/span><b><span data-contrast=\"auto\">employees\u00a0paid by hour or day<\/span><\/b><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">Gross Pay = Hourly Rate \u00d7 Hours Worked\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">OR<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">\u00a0Daily Rate \u00d7 Days Worked<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h3><strong>5. Apply Statutory Deductions\u00a0<\/strong><\/h3>\r\n<p><strong>All Malaysian employers must take out and put money into these required funds: <\/strong><\/p>\r\n<table>\r\n<thead>\r\n<tr>\r\n<th><strong>Deduction Type<\/strong><\/th>\r\n<th><strong>Employee Contribution (2026)<\/strong><\/th>\r\n<th><strong>Employer Contribution (2026)<\/strong><\/th>\r\n<th><strong>Purpose<\/strong><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td><strong>EPF (KWSP)<\/strong><\/td>\r\n<td><strong>11% of salary<\/strong> <em>(standard)<\/em>*<em>9% (optional, if government incentive still applicable)<\/em><\/td>\r\n<td><strong>13% (\u2264 RM5,000 salary)<\/strong><strong>12% (&gt; RM5,000 salary)<\/strong><\/td>\r\n<td>Retirement savings<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>SOCSO (PERKESO)<\/strong><\/td>\r\n<td>Based on wage category (approx. <strong>0.5% under Employment Injury Scheme<\/strong>)<\/td>\r\n<td>Based on wage category (approx. <strong>1.75%<\/strong>)<\/td>\r\n<td>Social protection (injury, disability, death)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>EIS (PERKESO)<\/strong><\/td>\r\n<td><strong>0.2% of salary<\/strong><\/td>\r\n<td><strong>0.2% of salary<\/strong><\/td>\r\n<td>Job loss insurance &amp; re-employment support<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><strong>PCB \/ MTD (LHDN)<\/strong><\/td>\r\n<td>Based on <strong>monthly tax deduction schedule (progressive rates)<\/strong><\/td>\r\n<td>N\/A<\/td>\r\n<td>Monthly income tax deduction<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><span style=\"font-size: 1.0625rem\">Check the latest LHDN EPF, and SOCSO tables to get updated contribution rates.\u00a0<\/span><\/p>\r\n<p><strong>Tip:<\/strong> Info-Tech&#8217;s payroll system syncs new EPF\/SOCSO\/PCB rates when authorities update them.\u00a0<\/p>\r\n<h3><strong>6. Calculate Net Pay\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">After applying all deductions, figure out the\u00a0<\/span><b><span data-contrast=\"auto\">take-home pay<\/span><\/b><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Formula:<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"none\">Net Pay = Gross Pay \u2013 (EPF + SOCSO + EIS + PCB + Other Deductions)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Example (Monthly Employee):<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<table data-tablestyle=\"MsoNormalTable\" data-tablelook=\"1184\">\r\n<tbody>\r\n<tr>\r\n<td data-celllook=\"272\">\r\n<p><b><span data-contrast=\"auto\">Component<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4352\">\r\n<p><b><span data-contrast=\"auto\">Amount (RM)<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Basic Salary<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">4,000<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Allowances<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">500<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Overtime<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">200<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Gross Pay<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">4,700<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">EPF (11%)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">-517<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">SOCSO<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">-23<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">EIS<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">-9<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">PCB<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">-50<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"17\">\r\n<p><b><span data-contrast=\"auto\">Net Pay<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4097\">\r\n<p><b><span data-contrast=\"auto\">4,101<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h3><strong>7. Create Payslips &amp; Reports\u00a0<\/strong><\/h3>\r\n<p><span data-contrast=\"auto\">Payslips need to include:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Gross &amp; net salary<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Statutory deductions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Breakdown of allowances<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"12\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Company name and employee details<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><strong>Payslips serve as legal proof of employment and help employees handle tax returns, apply for loans, or reconcile EA forms.\u00a0<\/strong><\/p>\r\n<p><span data-contrast=\"auto\">Up-to-date payroll systems can send payslips to employees by email or keep them safe in employee self-service portals.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h2><strong>Summary of Payroll Calculation Formula\u00a0<\/strong><\/h2>\r\n<table data-tablestyle=\"MsoNormalTable\" data-tablelook=\"1184\">\r\n<tbody>\r\n<tr>\r\n<td data-celllook=\"272\">\r\n<p><b><span data-contrast=\"auto\">Step<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4352\">\r\n<p><b><span data-contrast=\"auto\">Formula<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Gross Pay<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">Basic + Allowances + Overtime + Bonus<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"273\">\r\n<p><span data-contrast=\"auto\">Total Deductions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4353\">\r\n<p><span data-contrast=\"auto\">EPF + SOCSO + EIS + PCB + Others<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td data-celllook=\"17\">\r\n<p><span data-contrast=\"auto\">Net Pay<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<td data-celllook=\"4097\">\r\n<p><span data-contrast=\"auto\">Gross Pay \u2013 Total Deductions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2><strong>Ways to Calculate Payroll\u00a0<\/strong><\/h2>\r\n<h3><strong>1. Manual Calculation\u00a0<\/strong><\/h3>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"16\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Works well for tiny businesses<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0fd\" data-font=\"Wingdings\" data-listid=\"17\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fd&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Mistakes happen often takes a lot of time, might not follow rules<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<h3><strong>2. <span class=\"TextRun SCXW142424387 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW142424387 BCX8\" data-ccp-parastyle=\"heading 3\">Using Excel for Payroll<\/span><\/span><\/strong><\/h3>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"16\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Less work than doing it by hand, but you still\u00a0have to\u00a0update things yourself\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0fd\" data-font=\"Wingdings\" data-listid=\"17\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fd&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">People can steal data, math can go wrong, and files can get mixed up<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<h3><strong>3. <span class=\"TextRun SCXW236636419 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW236636419 BCX8\" data-ccp-parastyle=\"heading 3\">Online Payroll Programs (Best Choice)<\/span><\/span><\/strong><\/h3>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Does EPF\/SOCSO\/EIS\/PCB math for you<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Makes pay slips &amp; EA forms right away<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Works with attendance, time off &amp; online bills<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0fc\" data-font=\"Wingdings\" data-listid=\"18\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Wingdings&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0fc&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Cuts down on mistakes &amp; problems during checks<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><strong>Info-Tech&#8217;s cloud payroll system updates contribution tables and combines attendance, leave, and HR data to process payroll with one click.\u00a0<\/strong><\/p>\r\n<h2><strong>The Importance of Payroll Automation in 2026<\/strong><\/h2>\r\n<p><span data-contrast=\"auto\">The launch of\u00a0<\/span><b><span data-contrast=\"auto\">LHDN e-Invoicing (required by January 2026)<\/span><\/b><span data-contrast=\"auto\">\u00a0and\u00a0<\/span><b><span data-contrast=\"auto\">new PCB filing integrations<\/span><\/b><span data-contrast=\"auto\">\u00a0make automation essential. Cloud payroll software makes sure your employee payments and statutory filings meet digital compliance standards \u2014 without any hassle.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">Automation Advantages:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"13\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">No calculation mistakes<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"13\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">created statutory files (EPF, SOCSO, EIS, PCB)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"13\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Cloud storage to simplify audits<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"13\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Quicker salary processing<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"13\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Links to e-Invoicing workflows<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\r\n<\/ul>\r\n<h2><strong>Closing Thoughts\u00a0<\/strong><\/h2>\r\n<p><span data-contrast=\"auto\">Calculating payroll forms the foundation of employee confidence and financial health. When you grasp the\u00a0<\/span><b><span data-contrast=\"auto\">payroll equation<\/span><\/b><span data-contrast=\"auto\">,\u00a0<\/span><b><span data-contrast=\"auto\">deduction framework<\/span><\/b><span data-contrast=\"auto\">, and\u00a0<\/span><b><span data-contrast=\"auto\">software for automation<\/span><\/b><span data-contrast=\"auto\">, your company can remain compliant, mistake-free, and productive.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><span data-contrast=\"auto\">With\u00a0<\/span><b><span data-contrast=\"auto\">Info-Tech&#8217;s Payroll Software<\/span><\/b><span data-contrast=\"auto\">,\u00a0employers\u00a0in Malaysia can run\u00a0payroll,\u00a0follow LHDN and EPF rules, and avoid costly errors.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><b><span data-contrast=\"auto\">Make Your Payroll Simple Today!<\/span><\/b><span data-contrast=\"auto\">\u00a0Find out how\u00a0<\/span><b><span data-contrast=\"auto\">Info-Tech&#8217;s\u00a0<\/span><\/b><a href=\"https:\/\/www.info-tech.com.my\/hrms-software\"><b><span data-contrast=\"none\">HRMS<\/span><\/b><\/a><b><span data-contrast=\"auto\">\u00a0&amp;\u00a0<\/span><\/b><a href=\"https:\/\/www.info-tech.com.my\/payroll-software\"><b><span data-contrast=\"none\">Payroll\u00a0Software<\/span><\/b><\/a><span data-contrast=\"auto\">\u00a0can help your company follow the rules, work better, and get ready for e-Invoicing.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<p><a href=\"https:\/\/www.info-tech.com.my\/contact-us?utm_source=blog&amp;utm_campaign=payroll-calculation-formula\"><span data-contrast=\"none\"><strong>Contact Us<\/strong><\/span><\/a><span data-contrast=\"auto\">\u00a0For A Free Demo!!<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<h2><strong>Frequently Asked Questions:<\/strong><\/h2>\r\n<p><\/p>\r\n<div class=\"container\">\r\n<div class=\"mi-faq\">\r\n<div id=\"accordionExample\" class=\"accordion\">\r\n<div class=\"card\">\r\n<div id=\"headingOne\" class=\"card-head\">\r\n<div class=\"acc-arrow\" data-toggle=\"collapse\" data-target=\"#collapseOne\" aria-expanded=\"true\" aria-controls=\"collapseOne\">\r\n<h4 class=\"Positionheader\"><span class=\"TextRun SCXW179096567 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW179096567 BCX8\">How often should companies in Malaysia handle payroll?<\/span><\/span><\/h4>\r\n<\/div>\r\n<\/div>\r\n<div id=\"collapseOne\" class=\"collapse show\" aria-labelledby=\"headingOne\" data-parent=\"#accordionExample\">\r\n<div class=\"card-body\">\r\n<p><span class=\"TextRun SCXW211742851 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW211742851 BCX8\">Most businesses do payroll once a month and need to pay\u00a0<\/span><span class=\"NormalTextRun SCXW211742851 BCX8\">employees<\/span><span class=\"NormalTextRun SCXW211742851 BCX8\"> by the 7th day of the next month at the latest.<\/span><\/span><\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"card\">\r\n<div id=\"headingtwo\" class=\"card-head\">\r\n<div class=\"collapsed acc-arrow\" data-toggle=\"collapse\" data-target=\"#collapsetwo\" aria-expanded=\"false\" aria-controls=\"collapsetwo\">\r\n<h4 class=\"Positionheader\"><span class=\"TextRun SCXW111021653 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW111021653 BCX8\">Are bonuses subject to EPF and PCB?<\/span><\/span><\/h4>\r\n<\/div>\r\n<\/div>\r\n<div id=\"collapsetwo\" class=\"collapse\" aria-labelledby=\"headingtwo\" data-parent=\"#accordionExample\">\r\n<div class=\"card-body\">\r\n<p><span class=\"TextRun SCXW177321374 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW177321374 BCX8\">Bonuses fall under taxable income and have EPF and PCB deductions.<\/span><\/span><\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"card\">\r\n<div id=\"headingthree\" class=\"card-head\">\r\n<div class=\"collapsed acc-arrow\" data-toggle=\"collapse\" data-target=\"#collapsethree\" aria-expanded=\"false\" aria-controls=\"collapsethree\">\r\n<h4 class=\"Positionheader\"><span class=\"TextRun SCXW251034398 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW251034398 BCX8\">Can payroll software handle multi-location compliance?<\/span><\/span><\/h4>\r\n<\/div>\r\n<\/div>\r\n<div id=\"collapsethree\" class=\"collapse\" aria-labelledby=\"headingthree\" data-parent=\"#accordionExample\">\r\n<div class=\"card-body\">\r\n<p><span class=\"TextRun SCXW90078966 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW90078966 BCX8\">Yes &#8211; Info-Tech&#8217;s cloud system uses the correct state-level public holidays and compliance settings.<\/span><\/span><\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"card\">\r\n<div id=\"headingfour\" class=\"card-head\">\r\n<div class=\"collapsed acc-arrow\" data-toggle=\"collapse\" data-target=\"#collapsefour\" aria-expanded=\"false\" aria-controls=\"collapsefour\">\r\n<h4 class=\"Positionheader\"><span class=\"TextRun SCXW79451615 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW79451615 BCX8\">What happens if I miss PCB or EPF submission deadlines?<\/span><\/span><\/h4>\r\n<\/div>\r\n<\/div>\r\n<div id=\"collapsefour\" class=\"collapse\" aria-labelledby=\"headingfour\" data-parent=\"#accordionExample\">\r\n<div class=\"card-body\">\r\n<p><span class=\"TextRun SCXW247395225 BCX8\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW247395225 BCX8\">Missing payments might lead to fines or interest penalties under LHDN and EPF laws.<\/span><\/span><span class=\"EOP SCXW247395225 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<!-- \/wp:post-content -->\r\n<script type=\"application\/ld+json\">\r\n{\r\n  \"@context\": \"https:\/\/schema.org\",\r\n  \"@type\": \"FAQPage\",\r\n  \"mainEntity\": [{\r\n    \"@type\": \"Question\",\r\n    \"name\": \"How often should companies in Malaysia handle payroll?\",\r\n    \"acceptedAnswer\": {\r\n      \"@type\": \"Answer\",\r\n      \"text\": \"Most businesses do payroll once a month and need to pay employees by the 7th day of the next month at the latest.\"\r\n    }\r\n  },{\r\n    \"@type\": \"Question\",\r\n    \"name\": \"Are bonuses subject to EPF and PCB?\",\r\n    \"acceptedAnswer\": {\r\n      \"@type\": \"Answer\",\r\n      \"text\": \"Bonuses fall under taxable income and have EPF and PCB deductions.\"\r\n    }\r\n  },{\r\n    \"@type\": \"Question\",\r\n    \"name\": \"Can payroll software handle multi-location compliance?\",\r\n    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month[&#8230;]<\/p>\n","protected":false},"author":6,"featured_media":537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[12,26,195],"class_list":["post-536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-payroll","tag-payroll-blogs","tag-payroll-calculation","tag-payroll-calculation-formula"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Payroll Calculation Formula | Infotech Blogs<\/title>\n<meta name=\"description\" content=\"Payroll calculation formula helps businesses make accurate calculations from basic pay to tax deductions, ensuring compliance of employees.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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