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Year: 2025

How Is Income Tax Charged for Husband and Wife in Malaysia?

In Malaysia, married couples have the flexibility to file taxes either jointly or separately — depending on what gives them the best tax advantage. Understanding the differences can help you

XBRL Conversion & Filing Requirements in Malaysia: What Companies Need to Know

In Malaysia, the Companies Commission of Malaysia (SSM) has introduced the Malaysian Business Reporting System (MBRS) as the platform for digital lodgement of company financial information. A key part of

What Accounting Standards Are Used in Malaysia for Submitting Audit Reports to SSM?

In Malaysia, all companies incorporated under the Companies Act 2016 are required to prepare financial statements in accordance with approved accounting standards, and submit their audited financial statements to the

Understanding Qualified vs. Unqualified Audit Reports: What They Mean for Your Business

When a company undergoes an audit, one of the key outcomes is the audit opinion — a formal statement from the auditor on whether the financial statements present a true

Monthly SST Filing Checklist: How to Stay Compliant and Avoid Penalties

Filing your SST returns doesn’t need to be stressful. With a simple checklist and good habits, you can stay compliant and avoid costly penalties. Why It Matters Failure to submit

What Is SST 2.0?

Since the reintroduction of SST in 2018, many business owners are still unclear about how it works, who it applies to, and what compliance really means. This guide will walk

Malaysia’s New e-PCB Plus System: What Employers Need to Know

Starting February 2025, the Inland Revenue Board of Malaysia (LHDN) has rolled out a new, centralized platform for Monthly Tax Deductions (PCB) – called e-PCB Plus. This upgraded system aims

✨ Happy Awal Muharram 1447H.

As we welcome Awal Muharram 1447H, we take this opportunity to extend our best wishes to all our Muslim colleagues, clients, and partners. Awal Muharram, also known as Maal Hijrah,

Is your foreign-sourced income exempted from tax?

Malaysia’s tax system operates on a territorial basis, meaning only income that arises from within Malaysia is generally subject to income tax. Foreign-sourced income (FSI) such as overseas salaries, dividends,

Malaysia’s Revised SST: What’s New from July 1, 2025

Starting July 1, 2025, Malaysia is rolling out significant changes to its Sales and Services Tax (SST) framework. The government aims to enhance revenue collection and keep up with the