Zambia | How do I update the Worker's Compensation Fund (WCF) percentage?

Zambia | How do I update the Worker's Compensation Fund (WCF) percentage?

The Worker's Compensation Fund (WCF) percentage can be updated on the WCF Assessment Rate field when editing the WCF Employer Contribution component on company level.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components 

      
    • Related Articles

    • Zambia Product User Guide

      To aid our users in the understanding and application of compliance in Zambia, PaySpace has released an external Product User Guide. This is a "How to guide" to follow during country implementations, during company maintenance and, for support.
    • Zambia Payroll Tax Guide Infographic 2023

      The Zambia Payroll Tax Guide Infographic is an easy to understand summary of statutory contributions associated with payroll for the 2023 tax year.
    • South Africa - SARS PAYE BRS 2023/2024

      The SARS PAYE Business Requirements Specification (BRS) 2023/2024 specifies the requirements and rules for Employer PAYE (EMP501) Reconciliations for the 2023/2024 tax year, namely: 1. Tax file structure and requirements, and 2. IRP5 codes (rules and ...
    • South Africa - SARS PAYE BRS 2024/2025

      The SARS PAYE Business Requirements Specification (BRS) 2024/2025 specifies the requirements and rules for Employer PAYE (EMP501) Reconciliations for the 2024/2025 tax year, namely: 1. Tax file structure and requirements, and 2. IRP5 codes (rules and ...
    • South Africa: Compensation Fund Earnings Threshold For The 2022/23 Year Of Assessment

      Each year the Compensation Fund publishes the change to the earnings threshold in a Notice signed by the Commissioner and published in a Gazette. The threshold limits the earnings calculated by the payroll per employee from 1 March 2022 until 28 ...