Morocco | How do I configure mortgage interest component?
A note component: Mortgage Interest (MORTG) has been created in Moroccan countries, which allows the system to store the
tax relief for "Mortgage Interest".
Navigate > Configuration > Payroll > Payroll Config > Payroll Components
This component is calculated by reducing the gross taxable from the sum total of every allowable that precedes it:
- CNSS EE
- Mandatory health insurance EE
- Private Health Insurance
- Professional Expenses
- Advised Pension Deduction
- Retirement Abatement
Once the net taxable income is derived, the allowable section in the tax calculation will be limited to 10% of the net taxable income.
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