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Mercans Resources Hub

A dedicated space for company news, announcements, blogs, success stories, eBooks, quick guides, compliance updates, statutory alerts, and more—all in one place.

Ireland – Budget Statement Changes 2025

On 1 October 2024, the minster of Ministers for Finance and Public Expenditure, NDP Delivery and Reform presented the 2025 budget statement. The following changes have been announced and are due to take effect from 1 January 2025.

Oct 7, 2024 2 min read
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Malaysia – Increase in Salary Ceiling for SOCSO & EIS Contributions

Malaysia's Ministry of Human Resources, through the Social Security Organisation and Employment Insurance System Act 2017 (also known as SOCSO and EIS) enforced a new salary ceiling for contribution purposes, effective 1 October 2024.

Oct 3, 2024 1 min read
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Turkey – Cancellation of Incentive Pay on EYT pension and increase in short-term insurance rate

On 02 August 2024, Turkey made announcement to cancel the incentive pay on EYT (Emeklilikte Yaşa Takılanlar) pension and increase the short-term insurance rates.

Sep 26, 2024 1 min read
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Ireland – Increase in PRSI contribution rates

As announced in the 2024 Budget, all PRSI rates will increase by 0.1% for both employer and employee contributions.

Sep 26, 2024 1 min read
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Mercans Secures Leader Status in Global Managed Payroll Services – ISG Provider Lens™ 2024

Mercans emerged as a Leader in this comprehensive evaluation, highlighting our robust market presence, innovative solutions, and our ability to deliver comprehensive payroll technology solutions globally!

Sep 18, 2024 3 min read
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Portugal – Changes in tax rates for September and October 2024

The Portuguese Tributary and Customs Authority has published new withholding tax tables for the “Azores”, “Mainland” and “Madeira” regions, effective 1 September 2024 to 31 October 2024.

Sep 13, 2024 1 min read
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New Income-tax Slab Rates, New Deduction Limits and Employer Contribution Rates

On the 16th of August 2024, the President of India approved the 2024/25 Budget. The budget was presented by the Finance Minister on the 23rd of July 2024. The Budget introduces new Income-tax slabs, rates, new deduction limits and employer contribution rates.

Aug 29, 2024 1 min read
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Mercans Obtains Approval of its’ Binding Corporate Rules

Following the approval by European data protection authorities, Mercans is proud to be the first company in its payroll technology sector to obtain Binding Corporate Rules (BCR).

Aug 20, 2024 2 min read
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Pakistan – New Minimum Wage and Amended EOBI Contributions – 1 July 2024

The Pakistani government announced a change in the minimum wage on 12 June 2024. The is became effective on 1 July 2024, after being formally approved on 28 June 2024. The revised EOBI contribution amounts are the consequence of the new minimum wage.

Aug 8, 2024 1 min read
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Angola – Rules for Carrying Out Foreign Exchange Transaction By A Natural Person – 9 April 2023

On 9 March 2023, the National Bank of Angola published notice 2/13 in the Diário da República introducing new foreign exchange control laws, the news laws came into effect on 9 April 2023.

Jul 25, 2024 1 min read
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Angola – New General Labor Law – 26 March 2024

On 27 December 2023, Angola published notice 12/13 in the Diário da República introducing the New General Labor Law (NGLL), the law came into effect 26 March 2024. The NGLL replaces the 2015 General Labor Law (GLL). The NGLL introduces various changes affecting fixed term...

Jul 25, 2024 5 min read
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Mercans Unaffected by Crowdstrike, The Largest IT Outage in History

Discover how Mercans remained fully operational during the massive IT outage caused by a faulty software update.

Jul 22, 2024 2 min read
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