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Jan 18, 2022 4 min read

The Power of Data Lakes

Solving your global payroll challenge Payroll cannot work without accurate and timely HR data. Yet, getting HR data obtained from various sources directly into payroll software has been a challenge for decades.

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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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INDIA – Maharashtra LWF announces new half yearly contribution amounts effective from June 2024

Effective June 2024, the Maharashtra Labour Welfare Board on 18th March 2024 has announced new half yearly LWF contribution rates for both employee and employer.

Jul 18, 2024 1 min read
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Vietnam – Minimum Wage Increase – July 2024

Vietnam is poised to implement a 6% increase in minimum wages starting July 1, 2024, mandated by the Vietnamese Ministry of Labour, War Invalids and Social Affairs (MOLISA). This adjustment responds to economic improvements, inflationary pressures, administrative c...

Jul 4, 2024 3 min read
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Pakistan announces New Income Tax slabs, Rates and Surcharge on Income Tax

Effective from 1 July 2024, the government of Pakistan has announced new Income Tax slabs and rates. Please find the previous and new income Tax slabs under the below table, Further, a new section has been introduced in the ...

Jul 3, 2024 1 min read
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Netherlands – Changes in National Minimum Wage July 2024

In the Netherlands, employers are required by law to pay employees at least the minimum hourly wage. There is a fixed minimum hourly wage for all employees aged 21 and over. The hourly minimum wage is indexed twice annually, on 1 January and 1 July. These minimum y...

Jul 2, 2024 1 min read
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UK – Changes in tax rates and social security rates 2024-25

The following rates are effective from 6thApril 2024 till 5th April 2025, unless otherwise provided. New Tax rates and brackets for 2024-25 For Scotland, tax rates are revised: New social security rates for 2024-25 National...

Apr 4, 2024 1 min read
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Kenya – Enactment of the Affordable Housing Act 2024

On the 26th of January 2024 the Court of Appeal rejected the government’s appeal to continue collecting the Affordable Housing Levy. This decision has since been reversed as on the 19th of March 2024 when the President of Kenya approved the Affordable Housing Act,...

Mar 29, 2024 1 min read
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South Africa -Subsistence & Travel Allowance Thresholds March 2024

South African Revenue Services (SARS) issued updated guide for employers in respect of allowances. Effective from 1st March 2024, the thresholds for exemption on allowances are mentioned below. Changes in thresholds for Subsistence Allowance When the employee spe...

Mar 15, 2024 1 min read
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Introduction of end of service benefit for foreigners, Taminat system, separate unemployment insu...

The social insurance organization (SIO) of Bahrain announced through circular no. (2) of 2024 a new electronic system “Taminat”. The procedure of accessing the new system is updated in the circular. The SIO also announced separating the monthly insurance contrib...

Mar 5, 2024 2 min read
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United Kingdom – Changes in National Minimum Wage April 2024

The hourly rate for the minimum wage depending on workers’ age or apprenticeship, changes on 1st April every year. From 1st April 2024, workers’ national living wage and apprentice’s national minimum wage are as follows. Ple...

Mar 4, 2024 1 min read
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Romania – Changes in Social security & tax effective Jan 2024

The fiscal code has been amended through several normative acts. Effective 1st January 2024, the changes below, are applicable for health insurance as per GEO 115/2023 & 296/2023. Changes in earnings subject to health insurance (CASS) Sick leave/medical a...

Feb 28, 2024 3 min read
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