Welcome to the 2nd quarter in 2024! In this edition, learn about key legislative updates for Singapore (SG), Philippines (PH), and Malaysia (MY) from January 2024 to March 2024. These include:
- IRAS acceptable rates for per diem allowance 2024 (SG)
- Provident and tax (PAT) submission update for year of assessment (YA) 2024 (SG)
- Budget statement 2024 (SG)
- CPF automatic refund to employer (SG)
- Changes in Foreign Worker Levy (FWL) rates (SG)
- Increase tax exemption limit of childcare allowance (MY)
- Specification for MTD calculation using computerised calculation for 2024 (MY)
- Year-end forms for year of assessment 2023 (MY)
- New tax clearance form CP21 and form CP22A (MY)
- Guidelines on implementation of increase in the PAG-IBIG (HDMF) maximum fund salary (MFS) (PH)
- Extension of the deadline for the alphalist submission of employees from whom tax is withheld (PH)
- Amending provisions of RMC 16-2024 and released new version of alphalist data entry and validation module (7.2) online announcements (PH)
- Extension of deadline to submit certificate of compensation payment / tax withheld (BIR Form 2316) (PH)
- Tax Identification Number (TIN) verification Update (PH)
For more details, you can also download the newsletter by filling in the form on the right.
