What is HRD levy? If your company falls under the act are obligated to register with HRD Corp and requires to contribute HRD levy every month. The objective is to facilitate employee training and skills upgrading in the Malaysian workforce. The levy fee for registered employers is 1% of the monthly salary of each employee.
HRDF: USER GUIDE 6 Section 2 View Levy Statement 2.1 View Levy Statement Flow Diagram Below is the functions related to levy statement: EMPLOYER View Levy Statement Flow Diagram Employer will be able to view their own levy statement via HRDF portal upon successful login. Below are list of transactions displayed in the levy statement:
Visit HRD Corp website- www.hrdcorp.gov.my and select Employer and click Registration Imposed rate of HRDF levy The following are the rates imposed for employees that registered with HRDF. Company with 10 or more employees Imposed rate : 1% of monthly salary (basic salary + allowances) *compulsory to register with HRDF COMPANY OF BELOW 10 EMPLOYEES
Malaysia’s Human Resource Development Fund (HRDF) has confirmed the expansion of the HRD levy exemption for new registrants. Employers of the new sectors are now given an exemption of HRD levy for three months starting from 1 March 2021 under the PSMB Act 2001. With this expansion, all industries are covered under HRDF’s training except for.
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