Social

Bonus vs Ang Pow

โ€œIs ๐๐จ๐ง๐ฎ๐ฌ subject to ๐„๐๐… & ๐’๐Ž๐‚๐’๐Ž?โ€

โ€œIs ๐๐จ๐ง๐ฎ๐ฌ subject to ๐๐‚๐?โ€

โ€œIs ๐€๐ง๐  ๐ฉ๐จ๐ฐ better than ๐๐จ๐ง๐ฎ๐ฌ?โ€

FAQ for Bonus & Ang Pow

Annual bonus needs to be divided into 12 months during calculation๏ผš

 

Letโ€™s say the bonus is RM12,000, monthly salary RM6,000:

 

a) (Bonus / 12) + monthly salary

 

(RM12,000 / 12 months) + RM6,000 = RM7,000 / months

 

b) Check with MTD listing to get MTD amount

 

(RM7000 for single = MTD RM460.85)

 

c) [(New MTD amount) โ€“ (Original MTD amount)] *12months

 

[(RM470.85 โ€“ RM301.65) * 12 months = RM 2030.40]

 

If you are still confusing, you may use e-PCB calculator directly.

๐๐จ๐ง๐ฎ๐ฌ:

 

An extra reward to employees

 

Will be recorded in payroll

 

Subject to EPF & MTD

 

๐€๐ง๐  ๐๐จ๐ฐ:

 

A gift of money (During festival)

 

Not considered as personal income

 

Not subject to EPF & MTD