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
Is the payment received liable for EPF contribution?
Wages refer to any monetary payment owed to an employee under a contract of service or apprenticeship, regardless of the payment frequency (monthly, weekly, daily, etc.). However, what type of
EPF Contribution Guidelines: Employee Definition & Contribution Obligations
Definition of an Employee An employee is anyone employed under a contract of service or apprenticeship, whether written, oral, expressed, or implied, excluding individuals listed in the First Schedule of
Key Benefits for Registered Employers at HRD Corp
Employers who registred under HRD Corp will benefit from the following: ✅ Access to Training Funds Employers can utilize levy contributions and government special funds for training programs tailored to
Implementation of e-PCB Plus
The Inland Revenue Board of Malaysia (HASiL) has fully implemented e-PCB Plus, consolidating e-PCB, e-Data PCB, and e-CP39 into a single platform accessible via MyTax from 3rd February 2025. This
Chinese New Year Celebration and Office Expansion Soft-Launch
We were delighted to celebrate the Chinese New Year with our valued clients and to continue fostering strong relationships. Additionally, we are excited about the expansion of our office, which
Training Providers under Human Resource Development Corporation
HRD Corp (Human Resource Development Corporation) in Malaysia oversees the registration and management of training providers to ensure quality training for the Malaysian workforce. Registered training providers can offer HRD
Taxation of Resident Individuals – Part 1: Gifts or Donations and Allowable Deductions
Key Tax Deductions 1. Gifts/Donations: Cash gifts to government, approved institutions, or funds. (Deduction limit: 10% of aggregate income) Specific items like artifacts, art, and manuscripts are eligible if valued
Summary of Guidelines for Real Property Gains Tax (CKHT) Operations (2025)
These guidelines explain the responsibilities of disposers (pelupus) and acquirers (pemeroleh) under the Self-Assessment System for CKHT starting January 1, 2025. Acquirer’s Responsibilities 1. Submission of Form CKHT 2A:
Filing Programme Specific Documents Under Section 82B Through MITRS
The Inland Revenue Board of Malaysia (LHDNM) has introduced the Malaysian Income Tax Reporting System (MITRS), an online platform for submitting tax information and documents required under Section 82B of