Mauritius - National Savings Fund (NSF) Limits Increase

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• How do I increase or decrease an employees Savings Deduction balance?

  This feature is available on all PaySpace editions To increase or decrease an employee's Savings Deduction balance amount, simply edit the component on their Recurring Payroll Components screen and update the value in the Increase or decrease balance ...

• Gabon | Increase in National Housing Fund (FNH) Contribution Rate

  The National Housing Fund is financed by a compulsory contribution payable by public and private sector employers who are members of the Caisse Gabonaise de Prévoyance Sociale scheme. On 21 October 2024, the Official Journal of the Republic of Gabon ...

• Nigeria | How do I prevent National Housing Fund from calculating?

  To prevent the National Housing Fund calculation from calculating enable the "Do not calculate NHF?" checkbox on the Statutory Fields on the Basic Company Details screen. Navigate > Configuration > Basic Settings > Company Settings > Basic Company ...

• Mauritius | Why are the NSF components not reflected on an eligible employee's payslip?

  The NSF components may not be reflected on an employee's (no exemption) payslip, because their Date Of Birth has been incorrectly entered (eg. displaying as 1 year old) and the system does not calculate NSF for a minor. Navigate > Employee > Basic ...

• Nigeria | Can employees be excluded from contributing to the National Housing Fund?

  Yes. Enable the "Exempt from NHF " checkbox under the Employee tab on the Basic Profile screen. It was designed to accommodate employees who are exempt from NHF (National Housing Fund) due to the voluntary deduction rule. Navigate > Employee > Basic ...