The Directorate General of Taxes (DJP) of the Ministry of Finance stated that the average effective rate (TER) for withholding Income Tax (PPh) 21 will come into effect from the 2024 tax period. Its presence is claimed to make the tax withholding process simpler.
It is hoped that the presence of an effective rate for withholding PPh Article 21 will not result in underpayment or overpayment for taxpayers who are withheld. This is because all PPh Article 21 that has been deducted in each tax period throughout 1 tax year will be recalculated at the end of the year.
Mitra Konsultindo Group
Tax Consultants | Accounting, Financial Reporting | Audit | Business Management Consultants | Company Establishments, Business Licenses | Other Business Solutions
Hotline (Call/WA/SMS): 082-11-22-900-33
Website: mitrakonsultindo.co.id