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May Payroll & Employment Law Updates

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Erez Greenberg
June 02, 2022

Here are the most recent CountryPedia updates by region to keep you up-to-date on payroll taxes, salary benchmarks, benefits, regulations, and more.

Americas

British Colombia, Canada 🇨🇦

  • Payroll contributions and personal income tax rates have been updated.
  • The minimum wage increased to 15.65 CAD on June 1, 2022.

The British Virgin Islands 🇻🇬

  • Payroll contributions and personal income tax rates have been updated.

Jamaica 🇯🇲

  • The weekly minimum wage in Jamaica is now 9,000 JMD per week and 10,500 JMD per week for security guards (based on a 40-hour working week).
  • Payroll contributions and personal income tax rates have been updated.

Ontario, Canada 🇨🇦

  • Payroll contributions and personal income tax rates have been updated.

Peru 🇵🇪

  • The national minimum wage in Peru is now 1,025 PEN per month.
  • Payroll contributions and personal income tax rates have been updated.

Puerto Rico 🇵🇷

  • Payroll contributions and personal income tax rates have been updated.
  • Puerto Rico’s minimum wage increased to 8.50 USD per hour.

Quebec, Canada 🇨🇦

  • The standard minimum wage in Quebec is now 14.25 CAD per hour.

APAC

Myanmar 🇲🇲

  • Income tax rates have been updated.

Mongolia 🇲🇳

  • Labour Migration Law (the “LML”) is effective from 01 July 2022.
  • Payroll contributions and personal income tax rates have been updated.

Pakistan 🇵🇰

  • The national minimum wage in Pakistan is now 19,870 PKR per month.

Queensland, Australia  🇦🇺

  • Payroll contributions and personal income tax rates have been updated.

South Australia, Australia 🇦🇺

  • Payroll contributions and personal income tax rates have been updated.

South Korea 🇰🇷

  • Payroll contributions and personal income tax rates have been updated.
  • The National Minimum Wage in South Korea is now 9,160 KRW per hour. The minimum wage is applicable to all companies and employees regardless of residency status.
  • The standard rate of VAT in South Korea is 10.00%

Taiwan 🇹🇼

  • Payroll contributions and personal income tax rates have been updated.

Western Australia, Australia 🇦🇺

  • Confirmation of an increase to the minimum wage will be reported and effective from 1st July 2022.
  • Payroll contributions and personal income tax rates have been updated. The payroll tax will increase to 5.45% on 1st July 2022.

EMEA

France 🇫🇷

  • The National Minimum Wage in France now is 1,645.58 EUR gross or 1,302.64 EUR net per month. The gross hourly rate is 10.85 EUR or 8.58 EUR net.

Lithuania 🇱🇹

  • In Lithuania, the national minimum wage is now 730 EUR per month.
  • Payroll contributions and personal income tax rates have been updated.

Luxembourg 🇱🇺

  • The monthly minimum wage in Luxembourg is now 2,256.95 EUR for unqualified employees and 2,708.35 EUR for qualified employees.
  • Probation period – If an employee receives a monthly salary of at least 4,586.12 EUR, the maximum probation period is one year.
  • Payroll contributions and personal income tax rates have been updated.

Macedonia 🇲🇰

  • The minimum wage in Macedonia is now 18,000 MKD net per month.
  • Sunday has been declared as a non-working day for most of the working population in accordance with the 2022 amendments to the labor law.
  • The latest amendment of the Labour Law in 2022 has removed the possibility to extend the validity of the employment contract above the age of 64 based on an employee’s statement.

Malawi 🇲🇼

  • Payroll contributions and personal income tax rates have been updated.

Malta 🇲🇹

  • The national minimum wage for full-time employees is now 182.83 EUR per week for an employee aged 18 and over, 176.05 EUR per week for an employee aged 17, and 173.21 EUR per week for an employee aged under 17.
  • Full-time employees who work 40 hours per week are now entitled to 224 hours of paid annual leave.
  • Payroll contributions and personal income tax rates have been updated.

Montenegro 🇲🇪

  • Payroll contributions and personal income tax rates have been updated.
  • The monthly gross minimum wage is now 532.54 EUR and 6,390 EUR per year (based on twelve monthly payments).

Morocco 🇲🇦

  • Payroll contributions and personal income tax rates have been updated.

Nigeria 🇳🇬

  • Payroll contributions and personal income tax rates have been updated.

Oman 🇴🇲

  • The following text has been added to the termination section. “Either the employer or employee may terminate the contract before the end of the contractual year without giving reasons, provided that the other party is notified of this intention no less than three months prior to their termination.”

Slovakia 🇸🇰

  • Payroll contributions and personal income tax rates have been updated.
  • The minimum wage is now 3.71 EUR per hour and 646.00 EUR per month.
  • Parental leave allowance is now 280 EUR per month or 383.30 EUR per month if the parent has previously received maternity benefits in the EU.EAA states.

Sweden 🇸🇪

  • Payroll contributions and personal income tax rates have been updated.

The United Kingdom 🇬🇧

  • Payroll contributions and personal income tax rates have been updated.
  • Minimum wages have increased

Visit our CountryPedia for all the up-to-date changes.

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