APAC payroll newsletter 2022

Our APAC payroll newsletter provides a comprehensive understanding of the issues and factors in specific business locations, and helps businesses take advantage of valuable payroll opportunities.

Key highlights:

• Australia
  • Covid-19 test to be tax deductible
  • Removal of the annual Child Care Subsidy cap
  • Amendments to the piece work arrangements under the Horticulture Award
  • How outplacement can support your employees and protect your employer brand
• China
  • Individual income tax reduced for parents of children under 3 years of age
• Hong Kong
  • Relaunch of the Employment Support Scheme (ESS) 2022
  • Employment Support Scheme (ESS) 2022: application and penalty mechanism
• India
  • Electronic employment exchange
• Japan
  • Change of Employment Insurance premiums  
  • Change of Social Insurance premium  
  • Change in Childcare / Nursing care leave  
  • Change in Welfare Pension insurance   
• Korea
  • Extension of work hours system in case of short-staffing due to Covid-19
  • Act on the Punishment of Severe accident  
  • “3+3 childcare leave system” and increase of childcare leave benefit income replacement rate
• Malaysia
  • Minimum wage
  • Employment (Amendment) Bill 2021

• Philippines
  • Covid-19 updates
• Thailand
  • Reduction in Social Security Fund contributions
  • Postponing compulsory Provident Fund contributions
  • E-money card is no longer used for a tax refund
• Vietnam
  • The number of overtime (“OT”) in 2022
  • Hours of work and hours of rest applicable to workers doing seasonal production work and production of goods under orders
  • The housing rental support policy for employees