Latest Income Tax Calculation Strategy with TER

Starting in January 2024, the government officially issued regulations that form the basis for using new rates in calculating Income Tax Article 21, namely the Effective Tax Rate (TER). These regulations were introduced through Government Regulation No. 58 of 2023 (PP 58/2023) and its implementing regulation, Minister of Finance Regulation No. 168 of 2023 (PMK 168/2023).

What changes need to be considered in the provisions of PP 58/2023 and PMK 168/2023? What is the impact on Income Tax Article 21 calculations for permanent and non-permanent employees? How should the new calculation method be implemented?

In this tax training, participants will be equipped with the latest regulatory updates, hands-on experience using the new TER Excel format, and practical knowledge for effective tax planning related to Income Tax Article 21.

Program Objective By participating in this training, participants are expected to:

• Understand the tax regulations under PP 58/2023 and PMK 168/2023.Understand the updates on natura in accordance with PP 66/2023.
• Be able to calculate Article 21 in accordance with the TER (Effective Tax Rate).
• Be able to prepare Article 21/26 withholding certificates and compile PPh Article 21/26 tax returns.
• Be able to develop tax planning strategies as a proactive measure to minimize tax liabilities.
• Be able to reconcile Article 21 objects with corporate income tax expenses.