Taxes

Dayforce Release Notes version 2023.1.1 Patch 10

Version
R2023.1.1 Patch 10
Release Date
7/7/2023
Taxes
ID Description
1540639

Updated Dayforce for the removal of Solidarity Levy calculation for the 2023-24 tax year from July payroll.

1546040

Updated the calculation of PAYE based on a progressive tax system. With this update, all income is taxed incrementally, that is, the chargeable income is divided into different revenue brackets. Each bracket has a specific tax rate starting at 0% and is capped at a maximum of 20%. This new calculation is applicable for the 2023-24 tax year as from July payroll.

1546044

Updated Dayforce so that it automatically ends the tax definition record for the previous 2022-23 tax year for all employees upon calculating the July payroll to the 1st of July. Payroll administrators will then need to import the new EDF tax information of their employees which you must download from the MRA website with an effective start date from 2 July 2023.

1559633

In compliance with government requirements, updated Dayforce to allow for the zero exemption amount in the Payroll > Tax Definitions screen in People, the HR Import, and the EDF Import.