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STC FORM 235CHIEF OR SENIOR EXECUTIVE OFFICER YOUR APPLICATION FOR PAYMENT (OR DEFERRAL) CHOICE ABOUT YOUR EXISTING ACCRUED OF BENEFITS ON RETRENCHMENT CONTRIBUTORY BENEFIT AND BASIC BENEFIT Notes

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How to fill out 5 wages and oformr

01

Start by gathering all the necessary information such as the employee's name, job title, and employment period.

02

Determine the employee's gross wages, which include their hourly or salary rate as well as any additional income like commissions or bonuses.

03

Deduct any pre-tax deductions like healthcare premiums or retirement contributions from the gross wages to calculate the employee's taxable wages.

04

Consider any post-tax deductions such as income tax withholdings or garnishments and subtract them from the taxable wages to find the employee's net wages.

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Finally, accurately record all the information calculated above in the 5 wages and oformr, ensuring that it is filled out completely and correctly.

Who needs 5 wages and oformr?

01

Employers who have employees working in their organization need to fill out 5 wages and oformr. This form helps to accurately report the wages, deductions, and taxes of their employees, and is required for payroll and tax purposes.

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