You may have heard or receive a lot of emails about HRDF claimable. Guess what, you received that emails because training providers are allowed to claim from HRDF.
But why? First you need to know what is HRDF claimable.
What is HRDF claimable?
HRDF claimable refers to the Human Resources Development Fund in Malaysia that allows employers to claim costs incurred for employee training and development.
This fund is designed to foster a knowledgeable and skilled workforce in the country by encouraging continuous learning and professional development. Businesses can apply for reimbursements for expenses such as training fees, transportation, accommodation, and allowances under this scheme.
HRDF claimable refers to the ability for companies in Malaysia to claim reimbursements from the Human Resources Development Fund (HRDF) for expenses related to employee training and development. HRDF is a pool of funds that was established to develop the quality of the workforce in Malaysia.
The fund is managed by Pembangunan Sumber Manusia Berhad (PSMB), an agency under the Ministry of Human Resources. Companies contribute to this fund and can later claim the costs of training their employees, as long as the training programs meet certain criteria set by PSMB.
How much can claim from HRDF?
The Human Resources Development Fund (HRDF) in Malaysia allows employers to claim up to 100% of the allowable training cost.
However, the claimable amount may vary depending on the type of training, the size of the company, and the specific HRDF scheme that the company is under.
It’s best to check the HRDF’s official website or directly contact them for the most accurate information.
Can individuals claim HRDF?
No, individuals cannot claim HRDF (Human Resources Development Fund). It is meant for employers to develop their employees through training and development programs.
The employers can claim the fund to cover the expenses of these programs.
How does a company claim HRDF after training?
The Human Resource Development Fund (HRDF) is a pool of funds collected from employers in certain sectors in Malaysia to be used for employee training and development. Here’s how a company can claim HRDF after training:
- Planning: Before commending any training, a company needs to plan and decide what type of training is suitable for its employees. The training must be relevant and beneficial to the company’s business operations.
- Registration: Once the training has been decided, the company needs to register the training with HRDF. The training could be either an in-house training or a public program conducted by a certified training provider.
- Apply for Training Grant: Apply for a training grant via the HRDF portal. The company will need to provide information about the training program, including the course outline, trainer profile, training date, venue, and the fees.
- Attend Training: The employees then attend the training. The company is responsible for paying the full training fees to the training provider.
- Submit Claim: After the training is completed, the company can submit a claim to HRDF. The claim must be submitted within a certain period (usually 30 days) after the training ends. The company will need to provide supporting documents such as receipts, invoices, attendance sheets, and a completed claim form.
- Wait for Approval: Once the claim is submitted, HRDF will review it. If it is approved, the HRDF will reimburse the claim amount to the company.
Keep in mind that the specific process and requirements may vary depending on the specific HRDF scheme that the company is participating in. Companies are encouraged to consult HRDF’s guidelines or seek advice from HRDF officers for more accurate information.
As a training provider, how do I claim HRDF?
The Human Resource Development Fund (HRDF) is a Malaysian program that supports the training and development of employees. If you are a training provider and wish to claim HRDF, here are the general steps:
- Registration: First, you need to register your organization with HRDF. You can do this by visiting the HRDF website and filling out the necessary forms. You may be required to submit certain documents such as your company profile, course content and trainers’ profile.
- Approval: After you submit your application, HRDF will review it. If your organization meets the necessary criteria, HRDF will approve your application and you will be able to provide HRDF-claimable training programs.
- Deliver Training: Deliver your training programs to HRDF-registered employers. Make sure to keep records of all training activities.
- Claim Submission: After the training program, you can submit your claims online through the HRDF portal. You will need to provide proof of training such as attendance sheets, payment receipts, and evaluation forms.
- Review and Payment: HRDF will review your claim submission. If everything is in order, the claim will be processed and payment will be transferred to your bank account.
Remember that the exact process and requirements may vary depending on your specific situation and any changes in HRDF policies. Always refer to the HRDF website or contact HRDF directly for the most accurate and up-to-date information.
Is online training HRDF claimable?
Yes, online training can be HRDF (Human Resources Development Fund) claimable. However, it depends on the specific policies and requirements of the HRDF in a particular country or organization.
It’s advisable to check with the HRDF in your country or organization to confirm.
Is HRDF refundable?
Yes, the Human Resources Development Fund (HRDF) in Malaysia is refundable under certain conditions.
Employers who contribute to the fund can claim refunds for expenses incurred in providing training for their employees. However, the training must be in line with the fund’s policies and guidelines.