Setting up Taxable Rates for Per Diems

  • 28/11/2024
  • 1 minute to read

A company can choose to reimburse employees above the governmental tax-free rates by enabling taxable rates. This functionality will be unavailable if taxable rates are disabled.

To configure taxable rates:

  1. Use the Search icon, search for Expense Management Setup and select the related link.
  2. Navigate to the Per Diem FastTab, and enable Enable Taxable Rates.
  3. Use the Search icon, search for Per Diem Rates and select the related link.
  4. Double-click on a rate to open its details.
  5. Navigate to the Accommodation FastTab, and set the Taxable Allowance. Make sure it does not exceed the amount in the Tax-Free Allowance field. You can do the same for meals under the Meals FastTab.