SW NIHAO Newsletter E.21 – January 2024

RATES

MEASUREMENT GUIDELINES FOR BUSINESS COMPLIANCE

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SW NIHAO Newsletter Edition No.21 – January 2024

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  1. EFFECTIVE RATE OF EMPLOYEES WITHOLDING TAX 2024
    The government issued the updated regulation of Income Tax Article 21 for permanent employees to simplify tax calculation and ease the compliance of tax obligations for taxpayers.
  2. INTEREST RATE, THE GRAVITIONAL FORCE IN FINANCE
    Interest rate plays a role in determining the investor’s expected return as a benchmark that is expected to be received above its rate.
  3. RATE OF SOCIAL SECURITY FOR HEALTH AND EMPLOYMENT
    Social security programs are mandatory for participants, which are required to be registered gradually in Article 14 of UU Number 24 Year 2011.
  4. RATE OF PROVINCIAL MINIMUM WAGE 2024
    Provincial Minimum Wages for 2024 have already been decided to provide fair and sustainable wages for manpower with a legal basis of government regulation (PP Number51Year2023).

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    As the webmaster and author for SW Indonesia, I am dedicated to providing informative and insightful content related to accounting, taxation, and business practices in Indonesia. With a strong background in web management and a deep understanding of the accounting industry, my aim is to deliver valuable knowledge and resources to our audience. From articles on VAT regulations to tips for e-commerce taxation, I strive to help businesses navigate the complexities of the Indonesian tax system. Trust SW Indonesia as your go-to source for reliable and up-to-date information, empowering you to make informed decisions and drive success in your business ventures.

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