Payroll tax in Bangladesh: a simple monthly calendar for HR teams

Tax on salaries is not hard. It is repetitive, and repetitive work goes wrong when it lives in someone's memory. A written calendar fixes most of it.

Every month

• Work out each person's yearly tax from their expected income for the year, and deduct a fair monthly share from salary.
• Deposit what you deducted to the government within the time the rules allow, and keep the challan or payment proof with that month's payroll.
• Update the estimate when someone gets an increment, a bonus or leaves, so December does not bring a surprise.

Every quarter

• Match the tax in your payroll with the deposits you made. Small differences are easy to fix now and painful to fix in July.
• Check that new joiners have their tax identification number on file.

At year end

• Give every employee a certificate of the salary paid and the tax deducted, so they can file their own return.
• File the employer's withholding return on time, with the deposit records attached.

Make it boring

Put these dates in a shared calendar with a named person beside each one. If your payroll system can produce deposit reports and certificates by itself, even better: that is exactly what our HR suite does.

Tax rules change with each budget. Treat this as a checklist, and confirm the current deadlines and rates with your tax adviser.