GPCHE Formula CH_TX_FO050 Needs A Correction To Cater For Payment After Termination
(Doc ID 2786958.1)
Last updated on JUNE 24, 2021
Applies to:PeopleSoft Enterprise HCM Global Payroll Switzerland - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Formula CH_TX_FO050 needs a correction to cater for payment after termination
After an employee is terminated and a payment is made, the incorrect source tax rate is selected for employees with a tax method of Vaud.
A correction should be made to the formula CH_TX_FO050 to include annualized salary otherwise an incorrect tax rate will be selected.
The issue can be reproduced at will with the following steps:
1. Employee terminated with source tax in Geneva C1N, CH_TX_LUP_CP was generated value 12163.30
2. Now a new payment after termination as positive Input, we did in this testcase example a onetime payment of 200,000 taxable in a period after termination
3. Should return a tax rate of 26.57% instead of 20.81% for C1N as yearly adjustment depends on tax method VD for canton Geneva
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