Wage component levy type
A wage component can be taxed using the regular table or the special rate table. Wage components that reoccur in every period, such as salaries and allowances, are generally calculated using the regular rate. Incidental wages, such as overtime, holiday allowance or a 13th month payment are calculated using the special rate. Profit automatically applies the ‘Voordeelregel’ for this.
You can only modify the levy type for wage components that you created yourself.
To view the levy type of a wage component:
- Go to: HR / Organisation / CLA.
- Open the CLA properties.
- Go to the tab: Wage component.
- Open the properties of the wage component.
- Go to the tab: Advanced.
Profit identifies the levy type of the wage component.