Payroll items - Tax exemption limit

In Malaysia payroll, certain payroll items come with a tax exemption limit based on regulatory guidelines. Currently, there are three default payroll items in Swingvy that include tax exemption limits.

Name	Category	PCB exemption limit per year
Child care allowance (Age 12 and under)	The default category is Monthly remuneration. If it’s paid as a one-time payment, change the category to Additional Remuneration.	The default is RM 3,000
Petrol/Travel allowance	The default category is Monthly remuneration. If it’s paid as a one-time payment, change the category to Additional Remuneration.	The default is RM 6,000, but employees can make a further deduction for official duty expenses. You can choose not to tax the whole amount by unchecking the PCB option.
Service excellence/Productivity award	The default category is Additional remuneration	The default is RM 2,000

For further assistance, feel free to reach out to our support team at support@swingvy.com or refer to LHDN guidelines for tax exemption policies (Page 22-23)

Note:

PCB-related settings cannot be modified if you have any completed payroll in the current year. Contact us at support@swingvy.com if you need to make changes.