“How is tax on bonuses computed?” is a frequently asked question. This article discusses how we treat bonus taxes in a payroll computation. What is a Bonus? Bonus is an incentive pay given on top of the employee’s usual compensation (basic salary). Types of Bonus In our work as an outsourced payroll service provider, we […]
Author Archives: Abigail Peters
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What is a SSNIT Clearance Certificate? A SSNIT Clearance Certificate (SCC) confirms you met your all SSNIT obligations on the date of issue. The Social Security and National Insurance Trust (SSNIT) issues these certificates. When do you need a SSNIT Clearance Certificate? ● To bid for contracts from the ministries, departments, agencies and other government […]
