Sage Payroll - How to increase EPF rate for year 2018

The employees' statutory contribution to the Employees Provident Fund (EPF) will revert to the original 11% for members below age 60, and 5.5% for those aged 60 and above with effect from January 2018

EPF Table setup
1. Go to Housekeeping - Setup - Government Table


 2. Select EPF Table - Press 'OK' Button

 

3. EPF rate table

Personnel File Maintenance Setup
1.   Go to Personnel - Add/Updated Employee - Personnel File Maintenance

- Select the Employee A to Table 1 where the EPF employees’ rate is 11%

 
















- Process pay for both employee - 2nd half payroll - Management report - The Employee A employees’ EPF as 330. [Correct]

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