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AutoCount Payroll Updates Year 2020

AutoCount Payroll Year 2020 Release Note for Version 2.11 Build 0

Changes for AutoCount Payroll  Version 2.11 Build 0 (Release Date: 16/01/2020). Available to download here

1. Update PCB2019

  • Chargeable income is increased from exceeding RM1,000,000 to exceeding RM2,000,000 and the tax rate for resident individual taxpayer for chargeable income exceeding RM2,000,000 be increased by 2% as in table 1.
  • Income tax rate for nonresident individual taxpayer to be increased by 2%, from 28% to 30%.
  • Income tax relief for fees paid to childcare centres and kindergartens to be increased from RM1000 to RM2000.
P   (RM) M (RM) R (%) B

Category 1 & 3 (RM)

B Category 2 (RM)
5,001 – 20,000 5,000 1  400  800
20,001 – 35,000 20,000 3 –250 –650
35,001 – 50,000 35,000 8 600 600
50,001 – 70,000 50,000 14 1,800 1,800
70,001 – 100,000 70,000 21 4,600 4,600
100,001  250,000 100,000 24 10,900 10,900
250,001 – 400,000 250,000 24.5 46,900 46,900
400,001  600,000 400,000 25 83,650 83,650
600,001  1,000,000 600,000 26 133,650 133,650
1,000,001  2,000,000 1,000,000 28 237,650 237,650
Exceeding 2,000,000 2,000,000 30 517,650 517,650

Table 1

2. Update the following form/reports:

  • Income Tax EA – 2019
  • Income Tax EA – 2019 (Longer Address Field)
  • Income Tax EA – English 2019
  • Income Tax CP8D – 2019

Notes:

  1. What to do after installation of this new version 2.11 Build 0:
    Re-register each of your payroll database at File | Register Payroll Database before moving on with payroll processing.
    * Note: If you do not re-register with the new license code, you will not able to create payroll.
  2. Minor changes:
    Scope of income tax relief on medical treatment expenses be expanded to cover the cost of fertility treatment for the taxpayer or the spouse. However, the amount of tax relief is still the same, RM6000.

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