How do I configure a 13th check bonus component?

This feature is available on all PaySpace editions

A 13th check in South Africa is an additional payment that is equivalent to one month's salary. 

Step 1: Add the "Company Bonus - Income Base 2" component.

Navigate > Config > Payroll > Payroll Config > Payroll Component

Step 2: Select the hyperlink "click here to add defined income to this component".

      

Important

A different payslip name may be specified as required by entering the new payslip name in the "Payslip name" field.

Step 3: Add the Income Base and save the accumulation and component.

      

• Related Articles

• How do I setup the Automatic Bonus / Tax Spread component?

  This feature is available on all Deel Local Payroll powered by payspace editions An employee may choose to spread the tax on a guaranteed bonus over the tax year using the Automatic Bonus/Tax Spread component . This should ideally be processed in ...

• Kenya | How do I configure the system so that an employee's bonus is included in their regular earnings tax calculation?

  To make sure an employee's bonus is included in their regular earnings tax calculation, use the Bonus (Regular Earning taxation) component. Step 1: Create the component on company level. Navigate > Configuration > Payroll > Payroll Config > Payroll ...

• What will happen to the tax paid on the bonus provision if the Automatic Bonus / Tax Spread component is cancelled prior to the bonus pay-out?

  This applies to all PaySpace editions. If the Automatic Bonus / Tax Spread component is cancelled before the end of the provision period and the bonus has not yet been paid, the tax already paid on the provision will be refunded and no bonus pay-out ...

• How do I remove the Automatic Bonus / Tax Spread component from an employee's payslip?

  This feature is available on all Deel Local Payroll powered by payspace payroll editions An employee may choose to spread the tax on a guaranteed bonus over the tax year using the Automatic Bonus/Tax Spread component. This should ideally be processed ...

• How do I configure the Leave Provision component?

  This feature is available on all Deel Local Payroll powered by payspace payroll editions One of the provisions of the BCEA is that annual leave can be taken when an employer and employee agree on the time/period of leave. Such an agreement is ...