APAC payroll newsletter 2023 Vol.4

Our APAC payroll newsletter helps provide important updates on the latest regulatory changes and best practices that have influenced payroll operations in the APAC region over the past quarter. Our commitment is to keep you well-informed and empowered in navigating the evolving payroll sector.

13 November 2023

Key highlights:

Australia

Paid Domestic Violence Leave commences 1 August
Medical centres - payroll tax time for action
Understanding Directors’ liability for underpayments: lessons from Chatime case
Bill introduces wide application of criminalisation of wage theft
Queensland Government's general practitioners payroll tax relief announcement

China

The extension of the preferential policy for individual income tax
The extension of the preferential policy for individual income tax regarding non-taxable allowances
Preferential policy on disabled fund is announced
Security of personal information outbound transfers
Raising the specific itemized deductions standards for Individual Income Tax

Philippines

Regular and Special Non-working Holidays in 2024
2024 Guide to Holiday Wages in the Philippines

Singapore

Changes to CPF effective 1 January 2024

Taiwan

Amendments to the Gender Equality in Employment Act

Thailand

Foreign-sourced income to personal income tax
Withholding tax forms cannot be filed on paper

Vietnam

New points in the Draft amendment of the Law on Social Insurance (“SI”)
Decree No. 70/2023/ND-CP on recruitment of foreign employees in Vietnam

Download the full newsletter here

First name^*

Family name

E-Mail^*

Company name

How did you find us?^*

Message^*

I accept to receive further communications from Forvis Mazars

I accept that Forvis Mazars will process my personal data for the purpose of handling my request^*

^* Mandatory fields. Without this information we will be unable to process your request.

Personal data collected via this form will be processed in accordance with our privacy statement, which can be accessed at: https://www.forvismazars.com/group/en/data-privacy-statement

Forvis Mazars Group (Forvis Mazars Group SC) is an independent member of Forvis Mazars Global, a leading professional services network. Forvis Mazars Group SC is a cooperative company based in Belgium and organised as one integrated partnership, operating in over 100 countries and territories. Forvis Mazars Group SC does not provide any services to clients.