Hi Nalinpa,
Kindly advise on the query from Wells Fargo below:
If there is a change of dependent/tax allowance information advised by employee after review, and adjustment provided to HMC for revising the Lor Yor 01 forms
1) Will there be any annual tax adjustment exercise in Dec 2014 or Jan 2015 payroll in order to reflect the change?
2) Do we need to notify the government for the information change, like by submitting this Lor Yor 01 form to tax department? Or should it be done by employees themselves?