Namibia: How do I change my Social Security income base?

Namibia: How do I change my Social Security income base?

You can add the SSC Income Base Override Note Component (SOCIOVR) and define your income base if it is different from the default.

Configuration > Payroll > Payroll Components

      


    • Related Articles

    • Namibia Product User Guide

      To aid our users in the understanding and application of compliance in Namibia, PaySpace has released an external Product User Guide. This is a "How to guide" to follow during country implementations, company maintenance, and for support queries.
    • Namibia | How do I exempt an employee from Social Security?

      Enabling the "Exempt from Social Security" checkbox will result in the removal of the Social Security deduction, company contribution and income base from the payslip. Navigate > Employee > Basic Information > Basic Profile > Employee > Statutory ...
    • Senegal | How to change the default calculation for Social Security

      The base calculation of social security within Senegal by default is applied to a cumulative calculation, and in practice can be applied to calculate separately from the company selected tax method. Three calculation options are available to apply to ...
    • Egypt | How to exempt employees from Social security contributions

      The Egypt mandatory Social Security contributions can be exempted under circumstances where the employee contributes towards social securities outside the borders of Egypt. To apply the exemption navigate to Employee > Basic Information > Basic ...
    • How do I override an Income Base for duplicate Components with different calculations?

      This feature is available on all PaySpace editions The "override formula" link allows for multiple instances of the same base component with each component following a specific income base setup. If the income base is edited using the "income base ...