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.

Vietnam – Monthly Minimum Wage Update – 1 July 2025

Vietnam’s monthly minimum wage varies by region. A new minimum wage is published as below, effective from 1 July 2025. Please contact your Mercans’ services delivery team for any additional information regarding the implicat...

Jul 8, 2025 1 min read

South Korea – National Pension Limitation Updates – 1 July 2025

The National Pension authority published a new contribution base limitation, effective from 1 July 2025 until 30 June 2026. This adjustment is according to the recent 3 years’ average monthly basic contribution. Please conta...

Jul 4, 2025 1 min read

Oman – Implementation of Sick and Other Leaves – 1 July 2025

As previously communicated in the Mercans alert, on 25 July 2023, the Omani government issued Royal Decree No. 52/2023 introducing a new Social Security Law. These changes are being implemented in phases. Summary of the changes and their implementation dates [t...

Jul 3, 2025 1 min read

Pakistan – Finance Act 2025 Changes to Tax Rates and Surcharge Rate

On 10 June 2025, the finance minister of Pakistan Mr. Muhammad Aurangzeb presented the budget proposals for the fiscal year 2025–2026 (FY26). These proposals passed into parliament under the Finance Act of 2025. The changes include updated tax rate tables for salar...

Jul 2, 2025 1 min read

Saudi Arabia – New Social Security Law – 3 July 2025

The General Organization for Social Insurance (GOSI) has recently passed amendments to the Social Security Law, which include a new social security retirement system for new entrants to the workforce and changes for existing employees. The new Social Insurance Law ...

Jun 27, 2025 2 min read

India – New Income Tax Bill, Haryana LWF Contribution Rates and Chennai PT Rates

The Income Tax Bill, 2025 comes into effect from 1 April 2025 which replaces the existing Income Tax Act, 1961. The New bill removes redundant and repetitive provisions, eliminates intricate language and re-organises sections logically. The New tax rates under s...

Apr 8, 2025 1 min read

Singapore – Parental and Shared Parental Leave Change

The prime minister of Singapore announced several planned legislative changes to family leave entitlements during the 2024 National Day Rally. The changes will introduce increased parental and shared parental leave entitlements under the Children Development Co-Sav...

Apr 3, 2025 2 min read

United Kingdom – Tax, Social Security, Minimum Wage and Statutory Leave Changes

The HMRC has issued guidance for 2025 to 2026. The Guidance advises on the rates and thresholds to be applied by employers when operating payrolls or providing expenses and benefits to employees. Below is some of the key notes from the guidance: PAYE Tax rate and...

Mar 28, 2025 2 min read

Ireland – Employer PRSI Changes

The Ireland Department of Social Protection announced PRSI changes for 2025. The changes are as follows: Changes effective 1 January 2025 The increase in the National Minimum wage to €13.50 per hour. In line with the increase in the National Minimum Wage t...

Mar 28, 2025 1 min read

South Africa – BCEA Earning Threshold

The Minister of Employment and Labour of South Africa published in the Government gazette, Notice 52232, increasing the BCEA earnings threshold from R254 371.67 to R261 748.45 per annum effective from 1 April 2025. “Earnings” means the regular annual remuneratio...

Mar 28, 2025 1 min read

South Africa – Regulations Change

The South African minister of finance announced the 2025/26 budget speech on 12 March 2025. Similar to the 2024/25 budget speech, there were no changes made to the income tax tables, tax threshold, rebates and medical aid tax credits. Income Tax [table id=514 r...

Mar 18, 2025 1 min read

KENYA – NSSF Increases Contributions Rates

NSSF Increases Contributions Rates- Effective 1 February 2025 Effective 1 February 2025, Kenyan employees and employers will contribute more towards NSSF contributions. This adjustment marks the third phase of the phased implementation of the NSSF Act of 2013. Lo...

Feb 21, 2025 1 min read