hello community,
It has been brough up to my attention that Annual Leave Pay can be done as Monthly instead of weekly for tax purposes(paying less tax)
If i change employee from weekly to Monthly to pay their holidays, would this affect any future payments?
Hi MariuchaN3043,
Thanks for reaching out with your query regarding annual leave pay. Changing an employee's pay frequency from weekly to monthly for annual leave payments will not affect any future payments, as tax is calculated based on the employee's total wage, regardless of the frequency.
Regards,
Sai
