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 non–resident 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:
- 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. - 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.