If you have employees who participate in a prescribed plan, deduct Canada Pension Plan (CPP) contributions, employment insurance (EI) premiums, and income tax in the following way. Deduct EI premiums ...

Starting January 2025, the scheduled increase in Social Security System (SSS) contributions in the Philippines has taken effect, raising the total rate to 15 percent. What is often overlooked in the ...

CEBU, Philippines — The Social Security System (SSS) has announced a one percent increase in its contribution rate ... increasing the minimum Monthly Salary Credit (MSC) from P4,000 to P5,000 ...

Stark differences in pay across Britain are outlined in a report released today. Average annual salaries in the South East are £12,800 higher – and in London almost £20,000 higher – than in ...

Meanwhile, The government also raised the contribution to the Employees’ Provident Fund (EPF). The state will now contribute Rs 1,950 per month towards EPF for each junior teacher, up from the ...

Starting January 2025, the Social Security System (SSS) will raise its contribution rate to 15 percent from 14 percent. The 1 percent increase, while seemingly small, is already significant to members ...

MANILA, Philippines — A group of overseas Filipino workers (OFWs) yesterday opposed the increase in Social Security System (SSS) contributions, raising concerns over the financial burden it will ...

A PHILIPPINE senator on Wednesday called on the Social Security System (SSS) to double its efforts to collect the more than P90-billion debt from firms before it raises contribution rates. “We also ...

The latest increase will bring the contribution rate to 15 percent from the previous 14 percent. The SSS noted, however, that the increase is also accompanied by increases in the minimum monthly ...

Starting Jan. 1, 2025, the SSS contribution rate rose to 15 percent from 14 percent, as mandated by Republic Act (RA) No. 11199, also known as the Social Security Act of 2018. “With this last tranche ...