Chapter 3 Irb, Epf, Socso

8/20/2019 Chapter 3 Irb, Epf, Socso

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PREPARED BY:

HISHAM HANAPI

ABBD3013FUNDAMENTALS OF CORPORATE

ADMINISTRATION


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Agent to provide servies in !ssessing"!d#inistering" o$$eting !nd en%oring t&e p!'#ento% ino#e t!( !nd ot&er t!(es t&!t !re )nder IRBM*s

+)risdition,

M!in reven)e o$$eting !genies o% t&e Ministr' o%Fin!ne,

Est!-$is&ed in !ord!ne .it& t&e In$!nd Reven)eBo!rd o% M!$!'si! At 1// to give it #ore!)tono#' espei!$$' in n!ni!$ !nd personne$

#!n!ge#ent2 to i#prove t&e )!$it' !nde4etiveness o% t!( !d#inistr!tion,

To re!te" i#p$e#ent e4etive t!(!tion#!n!ge#ent s'ste#,

See #ore in%o on www.hasil.gov.my

http://www.hasil.gov.my/http://www.hasil.gov.my/


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1, To !t !s !gent o% t&e 5overn#ent !nd to

provide servies in !d#inistering"!ssessing" o$$eting !nd en%oring t&e $!.,

6, To !dvie t&e 5overn#ent on #!ttersre$!ting to t!(!tion,• Person!$" o#p!n' t!(" servie t!(" i#porte(port d)t'

3, T&e oversee t&e t!(!tion !tivities inM!$!'si!,

7, Co$$etion !gent,

, Advises o#p!n' on t!(!tion #!tters,

8, Ation !nd ontro$,• I#pose pen!$t'


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1, To enter into ontr!ts2

6, To )ti$ise !$$ propert' o% t&e Bo!rd" #ov!-$e!nd i##ov!-$e" in s)& #!nner !s t&e Bo!rd#!' t&in9 e(pedient in$)ding t&e r!ising o%$o!ns -' #ortg!ging s)& propert'2

3, To eng!ge in !n' !tivit'" eit&er !$one or inon+)ntion .it& ot&er org!nis!tions orintern!tion!$ !genies" to pro#ote -etter)nderst!nding o% t!(!tion2

7, To provide te&ni!$ !dvie or !ssist!ne"in$)ding tr!ining %!i$ities" to t!( !)t&oritieso% ot&er o)ntries2


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, To i#pose %ees or &!rges %or serviesrendered -' t&e Bo!rd2

8, To gr!nt $o!ns to e#p$o'ees o% t&e Bo!rd%or !n' p)rpose spei!$$' !pproved -'t&e Bo!rd2

:, To provide rere!tion!$ %!i$ities !ndpro#ote rere!tion!$ !tivities %or" !nd!tivities ond)ive to" t&e .e$%!re o%e#p$o'ees o% t&e Bo!rd2

;, To provide tr!ining %or e#p$o'ees o% t&eBo!rd !nd to !.!rd s&o$!rs&ips orot&er.ise p!' %or s)& tr!ining2 !nd

/, To do !n't&ing inident!$ to !n' o% its

po.ers,


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An' ino#e derived %ro# M!$!'si! iss)-+et to M!$!'si! ino#e t!( e!& 'e!r,

Ino#e %ro# so)res o)tside M!$!'si! ise(e#pted %ro# t!(" e,g, pension !nd

dividend,


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1, B)siness" tr!de or pro%ession,

6, E#p$o'#ent,

3, Dividend" interest or diso)nts,

7, Rents" ro'!$ties or pre#i)#s,

, Pensions" !nn)ities or periodi!$ p!'#ents,

8, 5!ins or prots not %!$$ing )nder !n' o% t&e %oregoing

p!r!gr!p&:, Ino#e o% non


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Depend on individ)!$*s residene st!t)s,Non!t r!te o% 6:? .it&o)t !n'person!$ ded)tion,

Ino#e )nder !%ores!id ite# : is t!(ed !t10? on gross ino#e,

Residene = s!$e r!te o% 0?


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C&!rge!-$eIno#e

C!$)$!tions @RM R!te ? T!( @RM

0 = 6"00 On t&e First 6"00 0 0

6"01 = "000 Ne(t 6"00 1 6

"001 = 10"000On t&e First "000Ne(t "000

3610

10"001 = 60"000On t&e First 10"000Ne(t 10"000

31:300

60"001 = 3"000On t&e First 60"000Ne(t 1"000

:7:1"00

3"001 = 0"000On t&e First 3"000Ne(t 1"000

161"61";00

0"001 = :0"000 On t&e First 0"000Ne(t 60"000

1/ 3"363";00

:0"001 =10"0000

On t&e First :0"000Ne(t 30"000

67:"16:"600

E(eeding

100"000

On t&e First 100"000

Ne(t RM 68

17"36

,


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Ino#e T!( At 1/8:

Petro$e)# @Ino#e T!( At 1/8:

Re!$ Propert' 5!ins T!( At 1/:8

Pro#otion o% Invest#ent At 1/;8

St!#p At 1/7/

L!-)!n O4s&ore B)siness Ativit' T!(At 1//0


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E#p$o'#ent #e!ns .or9 or servieper%or#ed -' !n individ)!$ to t&e t!s9 !t&!nd %or !not&er person or entit' in e(&!nge%or .!ges or ot&er re#)ner!tion,


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E#p$o'#ent L!. is t&e $!. .&i&reg)$!tes t&e oper!tion o% t&e $!-o)r#!r9et in gener!$ !nd t&e e#p$o'#ent

re$!tions&ip -et.een e#p$o'ers !nde#p$o'ees in p!rti)$!r, E(!#p$esin$)de &iring proess" s)spension %ro#.or9" #!ternit' rig&ts" $!'o4 !nd.!ges,

T&e o-$ig!tions !nd rig&ts o% !ne#p$o'#ent ontr!t !re overed -'

t&e E#p$o'#ent $!.,


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&en !n o4er %or e#p$o'#ent is #!de -'!n e#p$o'er to !n e#p$o'ee" t&e $!.governing t&e re$!tions&ip -et.een !ne#p$o'ee !nd !n e#p$o'er -egins,

An e#p$o'er in re$!tion to !n e#p$o'ee or! .or9#!n" #e!ns ! person -' .&o# t&e

e#p$o'ee or .or9#!n is e#p$o'ed, Ane#p$o'er o-t!ins t&e servies o% !not&erto per%or# .or9 !nd &!s diret ontro$ o%t&e .!' in .&i& t&e .or9 is to -e done,


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E#p$o'#ent At 1/

Ind)stri!$ Re$!tion At 1/8:

Tr!de Unions At 1//O)p!tion!$ S!%et' !nd e!$t& At1//7 @OSA

E#p$o'#ent Provident F)nd At 1//1

E#p$o'ees Soi!$ Se)rit' At 1/8/


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E#p$o'er < ! person -' .&o# t&ee#p$o'ee or .or9#!n is e#p$o'ed,An e#p$o'er o-t!ins t&e servies o%!not&er to per%or# .or9 !nd &!sdiret ontro$ o% t&e .!' in .&i&t&e .or9 is to -e done,

E#p$o'ee < ! person .&o &!sentered into or .or9s )nder !ontr!t o% e#p$o'#ent,


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Contr!t o% servie = !n' !gree#ent".&et&er e(press or i#p$ied" !nd i% e(press".&et&er or!$ or in .riting .&ere t&e

e#p$o'er !grees to e#p$o' !nd t&ee#p$o'ee !grees to -e e#p$o'ed !ndin$)des !n !pprenties&ip ontr!t,

Contr!t %or servies < no e#p$o'er !nde#p$o'ee re$!tions&ip, T&e person is )s)!$$'se$%


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EMPLOHEES* RI5TS ANDBENEFITS

E#p$o'ees* rig&t to

)nioniseNotie to ter#in!te !

ontr!t

P!'#ent o% .!gesi !ge periodsii Ded)tions %ro#

.!gesiii Ot&ers

E#p$o'#ent o% .o#eni o#en !nd nig&t

.or9ii o#en !nd

)ndergro)nd .or9

or9ing &o)rs !nd$e!ve

i or9ing &o)rsii Overti#eiii Rest d!'iv P)-$i &o$id!'

v Ann)!$ $e!vevi Si9 $e!ve

E#p$o'#ent o%%oreign e#p$o'ees

Ter#in!tion -enets


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Rig&t to )nionise < E#p$o'ers #!' not p)t !n'$!)se in ! ontr!t o% e#p$o'#ent .&i& in!n' .!' restrits t&e rig&t o% !n e#p$o'ee to +oin ! registered tr!de )nion" to p!rtiip!te int&e !tivities o% t&!t )nion or to +oin .it&

ot&ers %or t&e p)rposes o% %or#ing ! )nion,

or9ing &o)rs = !nnot .or9 #ore t&!n onse)tive &o)rs .it&o)t !t $e!st 30 #in)tesrest, @so#eti#es #ore t&!n ; &o)rs !re!$$o.ed i% neess!r' -)t &e #)st &!ve !t$e!st 7 #in)tes rest,


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T&e e#p$o'er !nd t&e e#p$o'ee to ! ontr!t o%servie #!' !t !n' ti#e give to t&e ot&er notieo% ter#in!tion o% s)& ontr!t o% servie,

T&e $engt& o% notie s&!$$ -e t&e s!#e %or -ot&

e#p$o'er !nd e#p$o'ee p)rs)!nt to t&eontr!t o% e#p$o'#ent,

In t&e !-sene o% t&e notie t&e period o% notie)nder t&e E#p$o'#ent At 1/<! 7 .ee9s* notie < e#p$o'ed %or J 6 'e!rs

- 8 .ee9s* notie < e#p$o'ed %or K6 'e!rs-)t J 'e!rs

; .ee9s* notie < e#p$o'ed %or K 'e!rs


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Overti#e - t&e n)#-er o% &o)rs o% .or9

!rried o)t in e(ess o% t&e nor#!$ &o)rs o%.or9 per d!',

Nor#!$ &o)rs o% .or9 < t&e n)#-er o% &o)rs

.or9 !s !greed -et.een t&e e#p$o'er !nde#p$o'ee in t&e ontr!t o% servie,

Ordin!r' r!te o% p!' < .!ges !s dened .&i&!n e#p$o'ee is entit$ed to reeive )nder &isontr!t o% servie %or t&e nor#!$ &o)rs o%.or9 -)t does not in$)de overti#e p!'#enton ! rest d!' or ! p)-$i &o$id!',


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Contr!t)!$ Bon)s < t&e !#o)nt o% -on)s(ed -' t&e e#p$o'er )nder ! ontr!t o%

servie irrespetive .&et&er t&e o#p!n'#!9es !n !nn)!$ prot or $oss,

o)r$' r!te o% p!' < t&e ordin!r' r!te o% p!'

divided -' t&e nor#!$ &o)rs o% .or9provided, In t&e !se o% !n e#p$o'eee#p$o'ed !t ! #ont&$' r!te o% p!'" t&eordin!r' r!te o% p!' s&!$$ -e !$)$!ted -'

t&e #ont&$' r!te o% p!' divided -' 68, Asi#i$!r %or#)$! is !v!i$!-$e %or t&osee#p$o'ed on ! d!i$' r!te,


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E#p$o'ees Provident F)nd At 1//1 is t&e !tgoverning t&e E#p$o'ees Provident F)nd inM!$!'si!, T&is At is !d#inistered -' t&eE#p$o'ees Provident F)nd" M!$!'si!,

Its pri#!r' !i# is to provide ! #e!s)re o%se)rit' %or o$d !ge retire#ent to its#e#-ers, It !$so provides s)pp$e#ent!r'-enets to #e#-ers to )ti$ie p!rt o% t&eirs!vings %or &o)se o.ners&ip !nd ot&er.it&dr!.!$ s&e#es,

See #ore in%o on ...,9.sp,gov,#'

http://www.kwsp.gov.my/http://www.kwsp.gov.my/


23/30

A$$ e#p$o'ees .&o &!s re!&ed 18 !nd

e#p$o'ed )nder ontr!t o% servie #)st -eregistered !s ! #e#-er o% t&e EPF,

Contri-)tion E#p$o'er = 16? o% t&e e#p$o'ee*s.!ges2

E#p$o'ee = 11? o% t&e e#p$o'ee*s .!ges,

Foreign .or9ers !nd e(p!tri!tes e!rning $esst&!n RM6" 00 per #ont& !re !$so re)ired toontri-)te to EPF .it& t&e e(eption o% ert!in

!tegories,E(e#ption < e#p$o'ees or .or9ers &o$dingE#p$o'#ent P!ss or e(p!tri!tes &o$ding isitP!ss @Te#por!r' E#p$o'#ent .&ose #ont&$'

.!ges is not $ess t&!n RM6"00


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E#p$o'ers #)st register t&eir e#p$o'ees .it&t&e EPF .it&in : d!'s o% e#p$o'#ent )nder$!.,

An e#p$o'er .&o ontr!venes t&e !-ove s&!$$

-e %o)nd g)i$t' o% !n o4ene" i% onvitedi#prison#ent = not #ore t&!n 3 'e!rs2 orne = not #ore t&!n RM10"000 or -ot&,

An e#p$o'er s&!$$ register t&e o#p!n' orr# .it& t&e EPF -' s)-#itting t&e SP 1For#, T&is !n -e o-t!ined %ro# t&e ne!restEPF -r!n& oe,


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T&ere!%ter" %or e!& e#p$o'ee" t&e e#p$o'ee!nd t&e e#p$o'er is re)ired to o#p$ete t&eSP 3 @AL For#, 5ener!$$'" !n e#p$o'ee

.i$$ !$so -e re)ired to s)-#it t&eNo#in!tion For# SP 7 @AL .&i& is!tt!&ed toget&er .it& t&e SP 3 @ALFor#,

One t&e !pp$i!tion is !pproved" t&ee#p$o'ee .i$$ -e sent ! Me#-ers&ip C!rd,

T&e EPF ontri-)tion o##enes on t&e rst#ont& o% s!$!r' p!'#ent,


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Set )p to !d#inister" en%ore !ndi#p$e#ent E#p$o'ees Soi!$ Se)rit'At 1/8/" Reg)$!tion 1/:1,

M!in !tivit' < Protetion -' soi!$ins)r!ne in$)ding<!Re&!-i$it!tion %or e#p$o'ees

-Fin!ni!$ s)pport %or %!#i$' #e#-ers

E(p$!n!tion on .!gesdE#p$o'#ent In+)r' S&e#e

eMedi!$ !nd !s& -enets

See #ore in%o on ...,per9eso,gov,#'

http://www.perkeso.gov.my/http://www.perkeso.gov.my/


27/30

Mont&$' .!ge o% $ess t&!n RM 6000 < #)stregister !nd ontri-)te to SOCSO,

No !ge $i#it,

Cover!ge = M!$!'si!n .or9ers !ndper#!nent residents on$', Foreign .or9ers!re proteted )nder or9#ensCo#pens!tion At 1/6,


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Does not over1, 5overn#ent e#p$o'ees @proteted )nder

Pensions At 1/;0,

6, A person .&ose .!ges e(eed RM6" 000 !#ont& !nd &!s never -een overed -e%ore,

3, Do#esti serv!nts e#p$o'ed to .or9 in !priv!te d.e$$ing &o)se .&i& in$)des ! oo9"

g!rdeners" &o)se serv!nts" .!t!n" .!s&er.o#!n !nd driver,

7, E#p$o'ees .&o &!ve !tt!ined t&e !ge o% on$' %or p)rposes o% inv!$idit' @overed -'Inv!$idit' Pensions S&e#e -)t i% t&e'ontin)e to .or9 t&e' s&o)$d -e overed )ndert&e E#p$o'#ent In+)ries S&e#e,

, Se$%


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Provides over!ge %or !idents t&!t o)r .&i$e

1, Tr!ve$$ing6, Arising o)t o% !nd in t&e o)rse o% e#p$o'#ent

3, O)p!tion!$ dise!ses,

Provides -enets

1, Medi!$ Benet6, Dis!-$e#ent @te#por!r' !nd per#!nent

3, Const!nt !ttend!ne !$$o.!ne

7, Re&!-i$it!tion -enet

, F)ner!$ -enet

8, Depend!nts -enet

R!tes p!'!-$e < E#p$o'er 1,:? %or EIIS !ndInv!$idit' Pensions S&e#e @IPS

< E#p$o'ee 0,? %or IPS


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Q A

Ne(t R Ind)stri!$Re$!tions" Tr!de Unions"OSA,

Documents

Chapter 3 Irb, Epf, Socso