Lebanon Payroll Outsourcing Alert
Lebanon – Transportation Allowance Increase.
In Accordance with Decree no. 8318 of 8 September 2021, effective 1 October 2021, the Lebanon government has increased the daily transportation allowance for private sector employees from LBP 8,000 to LBP 24,000. This is a mandatory allowance granted by the employers to their employees for each working day, as per the Labor Law. These earnings are exempted from income tax or social security.
If the transportation allowance paid to the employees is higher than the above-mentioned cap (i.e., LBP 24,000/working day), the amount exceeding LBP 24,000/working day is subject to income tax, employee social security contributions and employer social security contributions
Mercans’ Lebanon Payroll Outsourcing Solutions
While Mercans’ Lebanon Payroll Outsourcing alerts will allow you to stay on top the latest development in Lebanon’s payroll regulations, you should still get in touch with Mercans’ Lebanon payroll outsourcing, compliance, PEO/GEO and BPO specialists for a free consultation on setting up fully compliant payroll and HR functions. Better yet, outsource your payroll and HR activities in Lebanon to Mercans and our Lebanon payroll outsourcing experts will ensure that your employees will always be paid on time and in accordance with the Lebanon regulations.
Download PDFMercans Statutory Alert Transportation Allowance Lebanon