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DECEMBER 2014

ORISOFT COMPLETES ANNUAL ISAE 3402 TYPE II AUDIT FOR PAYROLL OUTSOURCING SERVICES

Orisoft is pleased to announce the successful completion of its annual International Standards for Assurance Engagements (ISAE) 3402 Type II audits for 2013/14. Completion of the ISAE 3402 audits provides evidence of Orisoft’s strong commitment to adhere to internationally recognized standards of quality and process control principles in Orisoft’s Payroll Outsourcing Services.

ISAE 3402 is an internationally recognized standard for reporting controls at service organizations.

HCM CLAIM MODULE – GOODS & SERVICE TAX FEATURE IS NOW RELEASED AND AVAILABLE!

The GST features is now available in the Claims module. Contact Customer Support for implementation updates by sending request mail to [email protected] with the subject “Upgrade HCM Claim for GST”.

LATEST ANNOUNCEMENTS AND REQUIREMENTS ON STATUTORY CHANGES FOR MALAYSIA & SINGAPORE

STATUTORY CHANGES FOR MTD 2015 IN ACCORDANCE TO BUDGET 2015

Orisoft is pleased to announce that LHDN has certified that our payroll tax calculation is compliant to the few statutory changes for MTD 2015.

Full details of the statutory changes here.

NEW CPF CONTRIBUTION RATES FROM 1 JANUARY 2015

From 1 January 2015, the CPF contribution rates for all employees will be increased to help employees save more for retirement and healthcare needs. The increase in the CPF contribution rates does not apply to the graduated employer and employee rates for first or second year Singapore Permanent Residents (SPR) and their employers.

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