back

Borang 8A | Socso 8A Form – Monthly Socso Report

by Shaun Wong for Blog Post

An employer who employs one or more employees must register and make monthly contributions to the SOCSO for all employees in accordance with the Employee Welfare Act 1969. Since January 2016, there is RM 250 per year income tax exemption for contributions to the SOCSO. As of January 2019, all overseas employees are required to contribute to the SOCSO.

Borang 8A | Socso 8A Form – Monthly Socso Report

Borang 8A | Socso 8A Form – Monthly Socso Report

An employer who employs one or more employees must register and make monthly contributions to the SOCSO for all employees in accordance with the Employee Welfare Act 1969. Since January 2016, there is RM 250 per year income tax exemption for contributions to the SOCSO. As of January 2019, all overseas employees are required to contribute to the SOCSO 8a Form (Borang 8A).
The employer and his employees must be registered with the SOCSO no later than 30 days after the Law becomes applicable in the industry. To register, an employer must complete the Employer Registration Form, Borang 8A Report, along with the specified relevant documents.
The SOCSO will be notified of any changes in name, address, type of ownership, employer or employee status.

SOCSO contribution

The maximum allowable monthly salary to contribute to the SOCSO does not exceed RM4000. SOCSO has provided a comprehensive table of employer and employee contribution rates.

SOCSO 8A

FIND OUT HOW YOU CAN HANDLE THIS PROCESS WITH 60 DAYS FREE SUBSCRIPTION OF Payroll Software HERE !

SOCSO 8A Form

Used to facilitate employee filing of tax returns and provided to each individual by February 28th of each year. Electronic copies are provided that do not need the employer’s signature.
This function generates a SOCSO 8a Form / Borang 8A for each employee who has valid payroll results as determined by the Payroll Malaysia Driver (RPCALCL0) for a specific month. It also generates the SOCSO 8A form, Contribution Payroll, which is a summary legal statement.

8A Form

Example of Socso Borang8A

Monthly SOCSO Report

The employer is obliged to pay monthly contributions within 15 days of the next month. For instance, January contributions must be paid no later than February 15th. Interest for late payment of contributions SOCSO 8A will be charged at the rate of 6% per annum for each day of delay in payment of contributions. If the calculated interest for late payment is less than RM 5, then interest is calculated at the rate of RM 5 per month.
Employers can also make monthly payments to SOCSO through Internet banking. Employers will need to register with a bank. Employers will need to open an account with any of the banks listed above and register this SOCSO payment service by contacting the branch where the bank account was opened. Employers will then be required to submit a completed Borang 8A or SOCSO 8A form with the employee’s name and required SOCSO contribution details.

Procedure

1) In QNE Cloud Payroll & HR Software, go to Reports – Government Reports – SOCSO 8a Form / Borang 8A.

The Monthly report for SOCSO Borang8A entry screen appears.

Borang 8a

2) Key in the information required – The Cheque Number, Name & Telephone

3) Click Preview

Features

SOCSO Borang8A form is generated, which provides the following functions:

  • Each time the format changes, QNE will changes the format to match with the new layout and makes this available to customers.
  • An electronic copy of the same can be created either on your local hard disk/floppy disk.
  • Hardcopy can be printed out for each Employer Reference Number, but a separate file (softcopy) is generated for each payee key.

Results

The SOCSO 8A Form or Borang 8A report is printed for each employee based on the employer’s reference number.

FIND OUT HOW YOU CAN HANDLE THIS PROCESS WITH 60 DAYS FREE SUBSCRIPTION OF Payroll Software HERE !

Digitize Your Software & Build Your Smart Business Today.
Enjoy 30 Days Free Trial of QNE QNE Cloud Accounting  << Click
Get Your 60 Days Free Subscription of Cloud Payroll & HR   << Click

#1 AI Cloud Accounting Solution in Southeast Asia.

Keperluan Sistem Akaun dan Perisian Perakaunan
Prev post Keperluan Sistem Akaun dan Perisian Perakaunan

Ramai usahawan berfikir hanya perniagaan besar yang memerlukan perisian perakaunan. Namun persepsi dan pemikiran itu…

What is Borang CP38 Deduction and CP38 Form?
Next post What is Borang CP38 Deduction and CP38 Form?

CP38 is an additional tax deduction order issued by LHDN specifically to an employer. This…

×

Hello!

Click one of our contacts below to chat on WhatsApp

× How can I help you?