Each year the Ministry of Finance announces in the annual budget the portion of pension deductions that may be deducted from income when computing Taxable Income.
For further information see these links to:
- Set up the Pension Deductible see the heading 'Detail - Tax Setup' under Tax
- Set up the Pension Transaction Code see the heading 'Deductions - Pension' under Deductions
- Process the pension amount using one of the input methods.
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