How does the accrual Vacation Allowance work in a Suriname payroll?
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 19,500 (till 2024: 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.
If you don't wish to use this tool for monthly accruals, you can still pay the vacation allowance by manually entering the taxed part on wage code 35 Gross Vacation allowance and the untaxed part on a copy of wage code 465 Untaxed Vacation allowance.