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Month: March 2025

Selamat Hari Raya Aidilfitri!

🌙✨ Selamat Hari Raya Aidilfitri! ✨🌙 As the holy month of Ramadan comes to an end, we take this opportunity to wish you and your loved ones a joyful and

Tax Reliefs for Year Assessment 2024

Below are the list of individual reliefs that you need to know for the tax declaration of Year Assessment 2024:   Relief Types Amount 1 Individual and dependent relatives RM9,000

Corporate Tax Rates

Year Assessment Tax Rates     2023 Companies with paid-up capital not exceeding RM2.5 million and business gross income not exceeding RM50 million First RM150,000 RM150,001 to RM600,000 RM600,001 and

Corporate Tax

Corporate tax is imposed on resident companies (both private limited and public limited) that earn income: Within Malaysia; and Outside Malaysia, for insurance companies, maritime/air transport, and banking sectors. The

Updating Company Information for Taxation Purpose

When should the update be done? It is recommended that companies inform the Inland Revenue Board (HASiL) promptly whenever there are changes to any company details. The following information must