Malaysia Payroll Checklist 2024
Managing payroll in Malaysia is a complex task that requires careful attention to detail, reliable systems, and a comprehensive understanding of both legal requirements and employee welfare.
Employers must adhere to local laws, such as the Employment Act 1955, and ensure timely contributions to statutory bodies like the Employees Provident Fund (EPF) and Social Security Organization (SOCSO).
Payroll professionals must also stay informed about updates in tax regulations and employment policies, which can change frequently. The following payroll checklist offers a step-by-step guide to help you effectively run payroll in Malaysia.
