Currently, Buddy has a few public allowances that apply to all companies within that legislation. For example, Car Allowance, Pre-Tax, and Post-Tax are automatically available to all payroll companies in Malta.
Some of these have specific set rules (e.g. Car Allowance is 50% non-taxable, up to €1170 non-taxable amount).
If your company uses other allowances, you can add custom allowances. To do so, follow the steps below;
To add an allowance:
- Go to Settings
- Under Configuration, Click Allowances & Deductions
- Click Add Allowance
- Give the allowance a recognisable name - this name will appear on the employees' payslips
- Select the type of allowance that this is (see Choosing Allowance Type)
- Indicate whether the allowance is taxable or not
Repeat steps 2-6 to add as many allowances as you need. Once you are ready, press Save.
Once saved, these allowances can now be selected both in the Salary Details of employees, as well as in payslips from Run Payroll.
Advanced Allowance Options
By clicking the cog on the right of the allowance, you can open the following menu to access advanced options.
The "Fixed Allowance" advanced option will keep the recurring amount fixed, regardless if the employee has unpaid hours. For instance, if you pay an employee €40 every month to cover internet bills, you would still pay the employee the full amount even if they were on unpaid sick leave for a week. Once enabled, press confirm to close the advanced settings.
Recurring Allowances
Recurring allowances can be selected for each individual employee on their Salary Details. These can now be ticked and have the recurring amount saved. For more details, check Overtime and Recurring Allowances.
One-Time Allowances
When you are giving one-time allowances (e.g. a Christmas bonus), this is best added during payroll. For more information, see: Adding a One-Time Allowance