2024 Payroll: Tax, NSSF, and Labor Laws Revealed (Special Edition #3)

Struggling with Processing 2024 Payroll? Uncertain About Salary Tax, NSSF & Labor Law Updates?

You’re not alone. In light of the recent 2024 budget law and its accompanying decrees, many professionals are seeking clarity. That’s why we’ve tailored this special edition workshop for you.

With a track record of over 100 successful Lebanese Labor Law, NSSF & Taxation workshops, Mira-Clé is excited to present a comprehensive session that simplify and resolve the complexities and ambiguities of the new budget law. This workshop is uniquely designed to address the needs and questions of HR, Finance, Accounting, and Compliance professionals, helping to navigate today’s challenges and lighten the path ahead.

This intensive one-day workshop, structured into three practical sessions, offers insights and solutions into the latest changes and their implications:

• Impact of the 2024 Budget Law on Salary Tax – Presented by Mr. Hanna Khoury
• Updates to Labor Law – Delivered by Mr. Naeim EL Zein
• Revised NSSF Declarations – Explained by a Trainer from NSSF

+Receive an Updated Full Payroll Processing Sheet per 2024 Budget Law with Payslips!

Expect to gain insights into crucial updates such as the new minimum wage, Salary Taxes implications, New NSSF Contributions & Thresholds, Transportation Allowance, and more, straight from industry experts.

This workshop is more than just an informative session; it’s a hands-on experience designed to showcase the practical application of the 2024 budget updates and provide you with the knowledge and skills needed to adapt to the evolving Lebanese labor, social and tax laws.

Session One: The Dilemma of Tax On Salary, Resolved!

• Adjustments to New Rebates & Tax Brackets.
• The New Exchange rate for salaries paid in Fresh USD.
• Salaries Paid in Multiple Forms.  
• Comprehensive Clarification of Tax Deductions.

Session Two: New Laws always have a Labor Law Impact

• Overview on New Minimum Wage & How it will Evolve during 2024
• Transportation & Scholastic Allowance
• Best Practices of Payslips
• How to Orient Your Staff to the New Changes and Upcoming Ones?
• Practical Strategies to Balance Salary Tax & NSSF from an HR Perspective

Session Three: NSSF The Real & Potential

• Overview of the New Salary Rate Effective from Feb 1st, 2024
• Updated Sickness & Maternity Thresholds and Their Evolution Starting March 2024
• Upcoming Changes to Family Allowance.
• Understanding the Implications of Revoking Article 93 on EOS Calculations
• Overview of Changes in Social Benefits by NSSF
• Pension Plan Replacing End of Service.