APAC payroll newsletter 2023 Vol.4

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