Indonesia Employee / Individual (Withholding) Income Tax and Social Security Simulation

Indonesia Employee / Individual (Withholding) Income Tax and Social Security Simulation

This simulation toolkit is useful in calculating the net take home pay of an employee in Indonesia where the employer can test and trial to determine the appropriate gross salary to be offered to an employee. The simulation formula is based on the latest tax and BPJS (lndonesia Social Security) regulations

$199.00

Description

A company or employer in Indonesia is obliged to self-assess, calculate and pay withholding income tax on monthly remuneration paid to employees (both foreign and domestic). In addition, the Indonesian employer is also obliged to register the employees (both foreign and domestic) to its BPJS (Badan Penyelenggara Jaminan Sosial) system and pay contributions on monthly basis.