Dear Returning Foreign Staff,
We’re informed by the local tax bureau that it takes 15 working days to receive the statement of Individual Income Tax (IIT) from now on. The change shall impact when the IIT statements could be distributed for the Telegraphic Transfer (T/T) in June, as our scheduled payday on June 6th and the last school day on June 10th. Here’s the plan to minimise the impact.
- June & July salaries will be paid in advance.
-
- The subtotal of June and July salaries will be divided into 4 installments and paid together with salaries of February, March, April and May.
- The last IIT statement for SY2021-22 shall be available at the end of May for you to make the T/T before your flight home if planned.
- No Salary payments in June and July 2022.
If any query, please feel free to contact Arek or Holly.