How do I increase the NAPSA ceiling value for Zambia - 2023?

This article explains the process on how to increase the ceiling value in a method of calculation for the NAPSA deduction line on Sage VIP Premier

As of 1 January 2023, the new NAPSA earnings ceiling is K26840.00 per month.

The maximum an employee or employer will contribute per month at 5% is K1342. The total maximum contribution by both the employee and employer for 2023 is K2 684.

The contribution rate remains unchanged at 10% of the employee’s monthly gross earnings subject to the statutory contribution ceiling above.

 

CAUTION: These changes must be implemented before printing reports/payslips and/or paying your employees

NOTE: It is advisable to make a backup before making any system changes to your payroll system. 

Step 1:

• From the main menu of your company:
• Click on Payroll
• Select Definitions
• Select Methods of calculation
• Select Change

Step 2:

• Click on the NAPSA deduction line

Step 3:

• Select the last method number on file for NAPSA

Step 4:

• Increase, If Calc Amnt is Greater than Max of value to 1342.00
• Increase, Then Deduction must be value to 1342.00

 

Step 5:

• Once you have completed the changes, close the method screen and select YES to recalculate the method of calculation.