How does the accrual Vacation Allowance work in a Suriname payroll?

  • Modified on: Thu, 11 May, 2023 at 9:59 AM

This code must be activated per employee under Salary/edit/Vacation allowance:

If this accrual is activated, Celery will split the reservation in a taxed and untaxed payment. The taxed portion ends up in wage code 30 Gross Vacation Allowance and the untaxed part ends up on wage code 465 Untaxed Vacation Allowance.

In doing so, Celery is taking into account a maximum untaxed vacation allowance of one month's salary, with a maximum of SRD 10,016 per year. The excess will then be paid taxed, to which benefit the Extra Income Tax Table (In Dutch; Tabel Bijzondere Beloning) Table will be applied.

This option can only be activated if there is a fixed periodic wage. In the case of an salary per hour, this reservation can not be activated. The reason for this is that there is no fixed monthly wage so that the maximum untaxed part can not be determined by Celery. If you wish to pay vacation allowance to an employee that is paid per hour, you must manually enter the taxed part on code 35 Gross Vacation allowance and the untaxed part on code 465 Untaxed Vacation allowance.

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