How is Bonus Treated on the Payroll?
“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…
Tax
How to get a SSNIT Clearance certificate
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…
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