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Finance

Guidelines for Employer on EPF Contribution and Responsibilities

1.Registration Employers must register their organization and employees with EPF within 7 days after employment begins. Employers must register new employees as EPF members and keep their information updated. Employers

Application For Tax Clearance Letter (Spc) For Employees By Employers Through E-Spc

Guidelines for Individual SPC Applications HASiL has uploaded a new Guideline for Individual SPC Applications by employers as of April 1, 2024. These guidelines can be accessed at the HASiL

New Functions of e-SPC

Starting 1 September 2024, the e-SPC function has been enhanced to ensure the confidentiality of taxpayers’ and employers’ information. Employee Identification Numbers and Tax Identification Numbers (TIN) must be input

Implementation Of The Tax Compliance Certificate (Tcc) Pilot Program For Government Procurement Applications For Works And Consulting Services (Physical)

Effective from October 1, 2024, to March 31, 2025 The Tax Compliance Certificate (TCC), issued by the Inland Revenue Board of Malaysia (LHDNM), is now a required document for taxpayers

Happy Deepavali!

As we celebrate the festival of lights ✨, may this Deepavali bring new beginnings, growth, and endless opportunities to your business and life. May the lamps of joy 🪔 and

Personal Income Tax

What is Income Tax? Tax is charged yearly on individuals who receive income from: Business profits; Employment income; Dividends, interest, or discounts; Rent, royalties, or premiums; Pensions, annuities, or other

Program Latihan Madani (PLM) for Micro-SMEs and Communities

The Program Latihan MADANI (PLM) is an initiative aimed at empowering underserved communities in Malaysia, particularly focusing on micro-SMEs, persons with disabilities, senior citizens, retirees, and B40 communities. It provides

New Business Registration under Skim Pendaftaran Perniagaan Percuma (SPPP) by SSM for B40 Group Entrepreneur and Full-Time IPT Student

What is SPPP? Starting February 4, 2021, B40 group entrepreneurs and full-time students can register their businesses for free with SSM under the Registration of Businesses Act 1956. This offer

EzBiz Online by Companies Commission of Malaysia (SSM)

EzBiz is an online platform by SSM that allows users to register new businesses, update details, renew, or terminate business registrations. It is available 24/7 at https://ezbiz.ssm.com.my/. Who can use

Penalty For Late Stamping

An instrument must be stamped within 30 days of execution if signed in Malaysia, or within 30 days of its first receipt in Malaysia if signed abroad. If not stamped