NSSF memo #19 dated 16 June 2020: Calculation of social contributionsJune 17, 2020
NSSF memo #19 dated 16 June 2020: Calculation of social contributions
Please be informed that The National Social Security Fund (NSSF) issued on the 16th June 2020, the memo #19 (attached a scanned copy) reminding the companies that the social security contributions (including those related to the end of service indemnity) have to be calculated on the basis of the full salary of the employees that have suffered deductions and not on the reduced salary in accordance with the article 73 of the NSSF Law.
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you need any further clarification or information on this subject.
Best regards,DAHER & PARTNERS