View Calculated Cards

Upon hiring a France employee, the system will automatically create a calculation card meant to act as container for the tax rates present in the CRM Nominatif file.

To view the created calculated card the following steps are needed.

Fastpath: My Client Groups > Payroll > Calculation Card

Select the employee.
Select the Calculation Card: Withholding Tax and view the details.

When the Load Inbound PAS File process completes, it will insert one or more instances of tax rates in the Withholding Tax Calculation Card.

Note: The load process will not only enter rows for each one of the rates (for the current month being loaded from the file, which is called the Real Rate), but it will also load the same rate value into the following month (that is, future rates which are called implied rates).

The payroll process will prioritize the real rates and in their absence, will use the implied rates. In the absence of implied rates, the neutral rate will be calculated and used.

Further, the PAS file may also contain future rates. The Load Inbound PAS File process will also load these rates, as at the respective future date given in the file. Additionally, it will also load a future implied rate, for the month immediately following the future month, with the same future rate value, referred to as, future implied rate.

The hierarchy of the rates is as follows:

When the tax calculation runs, it takes the highest precedence of tax rate from the set available on the calculation date.