CentralHR, Author at CentralHR | Fully Integrated HR Solutions

July 29, 2024

Public Holidays in Malaysia for 2025

Below is the national calendar of all public holidays in Malaysia for 2025. Mark these dates on your calendar to plan ahead, effectively manage your work schedule, and enjoy a well-deserved break. Public HolidayDateDayAffected StatesNew Year’s DayJanuary 1, 2025WednesdayNational except Johor, Kedah, Kelantan, Perlis & TerengganuYDPB Negeri Sembilan’s BirthdayJanuary 14, 2025TuesdayNegeri SembilanIsrak and MikrajJanuary 27, 2025MondayKedah, Negeri Sembilan, Perlis & TerengganuChinese […]

July 6, 2024

Extension of SOCSO Invalidity Scheme Coverage to Foreign Workers Effective 1 July 2024

A significant update from the Social Security Organisation (SOCSO) involves the extension of the Invalidity Scheme coverage to foreign workers in Malaysia. Effective from 1 July 2024, all foreign workers, including expatriates, will be required to contribute the same as local workers under Category 1, which encompasses both the Employee and Employer contributions. This change is mandated by the Employees’ […]

June 27, 2024

E-Invoicing for Employment Claims and Reimbursement: Guidelines and Implementation

Employment Perquisites and Benefits An individual under a contract of service (i.e., employment) may receive various benefits from their employer. These benefits can be in cash or in kind and are typically provided to enhance the employee’s job performance and satisfaction. Common examples of such benefits include: Currently, employees must submit their expense claims to their employers, supported by appropriate […]

May 23, 2024

Payroll Outsourcing with CentralHR: Streamline Your Business Operations

Introduction Payroll processing is a critical function for any business, yet it often presents numerous challenges. From keeping up with regulatory changes to ensuring timely and accurate payments, the complexities can be overwhelming. CentralHR’s payroll outsourcing service offers a comprehensive solution to these challenges, allowing businesses to focus on their core operations. Biggest Challenges in Payroll Processing Businesses face several […]

March 1, 2024

How to Submit Form E (CP8D) via e-Filing?

Form E (also known as CP8D ) is a form to be filled and submitted to Inland Revenue Board of Malaysia (IBRM) or Lembaga Hasil Dalam Negeri (LHDN) by an employer on a yearly basis. Submission can be done online through LHDN MyTax Portal (e-Filing) before 31st March every year. Sometimes, there is a month grace period until the end of April. […]

February 26, 2024

Maternity Leave Malaysia: An Employer’s Guide

In the tapestry of life’s most exceptional moments, the arrival of a new family member stands unparalleled—a period filled with anticipation, joy, and a fair share of challenges. Within the framework of maternity leave in Malaysia, ‘confinement’ denotes the post-childbirth phase during which a mother is allowed time away from work to recuperate and attend to her and her newborn’s […]

February 22, 2024

Navigating Form EA and Form E

In Malaysia, the onset of a new year brings not just personal resolutions but also the critical task of preparing for the tax season—a period demanding diligent calculations and submissions for business owners, HR professionals, and employees. At the heart of this period are two pivotal documents: Form EA and Form E. These are not merely administrative requirements but foundational […]

February 20, 2024

Guide to TP3 Form 2024 in Malaysia

Introduction The Malaysia Inland Revenue Board (LHDN) mandates all newly hired employees to report their income from previous employments within the same tax year through the TP3 Form. This essential process is vital for the accurate calculation of Monthly Tax Deduction (MTD) or Potongan Cukai Bulanan (PCB) amounts within the payroll system. This guide is designed to offer detailed insights […]

January 17, 2024

What Does an HRMS Do?

Human Resource Management Systems (HRMS) are tech tools helping companies manage their workforce. Wondering how they came about? Back in the 1970s, when companies wanted to handle employee management more efficiently, the first thing they computerized was payroll. Big computers, called mainframes, were used to calculate what workers earned, subtract deductions, print checks, and track what the company owed in […]

December 13, 2023

How a Payroll System Works

In Malaysia, payroll software plays an important role in streamlining and automating the intricate process of salary management for businesses of all sizes. As a dynamic and progressive economy, Malaysia demands efficient payroll solutions to adhere to the country’s evolving tax regulations and employment laws. Payroll software in Malaysia not only facilitates precise salary calculations but also ensures compliance with […]

Author: CentralHR