We wish to draw your attention on the new regulation pertaining to P10 RETURNS and NSSF, which are as below
- Online P10 Returns :-Compliance with Currently launched KRA system for e-Filing of Tax called iTax.
- NSSF :-has revised the Rate of NSSF Contributions & way NSSF is being Calculated Effective from January 2014.
Paymaster Version 12, is Updated to be Fully Compliant to the above requirement. In view of this we urge all the customers to get the Latest Updates on Priority to avoid Last minute Chaos. Kindly note following to get the necessary patch.
- User Currently On Pay Master Version 12 All users Currently On Pay Master Version 12 will have access to Free Upgrade key Provided they are on Active AMC
- Users Currently On Pay Master Version 11There is no Patch Available for Version 11.0, which has been discontinued since last 3 Years Users will be required upgrade to Version 12.0 to get the Mentioned amendments.
Kindly be informed that Upgrade Process is Minimum 4 – 6 Hours of Work & Might Require Site Visit for an Implementation Engineer. This varies based on the No. Of Employees and the Payroll Components Implemented. Kindly send the Upgrade advise the earliest for us to Reserve a Time Schedule.
- Pay Master Version 12.0 Requires ALF (Annual Licensing Fees) which is Included AMC (Annual Maintenance Contract) fee.
- ALF Fee is 10% Of Software Cost OR 15,000 whichever is Higher (VAT is applicable on Top of Mentioned Fees)
- ALF cost is included in AMC that is 10 % of the software. If you donâ€™t need AMC can go for ALF only.
- AMC cost is 15 % of the software.
- During ALF Period Clients are entitled for free Minor Upgrades on the Same Software Version
- All Major Software Upgrades or New Versions will have to be purchased separately and will be advised as and when they are released.
- Discontinuation Period of the Old Versions will be Minimum of 12 Months and will be advised in Advance to Upgrade to Major Updates/New Versions.
- Kindly get in touch with Ms. Pauline W. Njenga email email@example.com OR Mobile +254 2394959 | +254 3752451 | +254 714446600 | +254 734446600