- The time for filing and payment is changed to the period from 1 November to 15 December.
2. The handicapped fund can be exempted for those companies established within 3 years and with not more than 30 employees.
3. The base shall be the lesser of the company’s average annual salary and the 3 times social average salary of the local city.
4. Companies employed handicapped employee(s) should do the application for assessment during the period from 1 August to 15 September. Otherwise, they would be deemed to be without handicapped employees.
Lee & Lee Associates Insights:
- The cap of the base decreased the burden for companies with high salaries.
2. With analysis on needs and costs, companies could decrease the handicapped fund burden by hiring some handicapped employees.
