P.U. (A)
Remarks(Please access the Orders for the full details)
72/2024
Excise Duties (Exemption) (Amendment) Order 2024 (Admentment) Order 2024
(Gazetted on 28 February 2024)
Thi ...
P.U.(A)
Remarks(Please access the Requlations and Orders for the full details)
62/2024
Service Tax (Amendment) Regulations 2024
(Gazetted on 23 February 2024)
These Regulations ca ...
WHY DOES THE MALAYSIAN GOVERNMENT PROMOTE ELECTRONIC INVOICES?
CEO & Founder of QNE - Wilkinson Sam: E-invoice is not a new tax system; it is a tax reform. It plays a vital role in combating ...
P.U.(B)
Remarks(Please access the Order for the full details)
541/2023
Appointment Of Effective Date For Charging And Levying Of Sales Tax On Low Value Goods
(Gazetted on 8 Decembe ...
The Inland Revenue Board of Malaysia (HASiL) held the DESIRE Dialogue No.1/2023 with the Institute and other professional bodies on 15 November 2023 to discuss compliance and operational issues.
The ...
• Gazetted on 9 November 2023.
• The amendment is as follows: -
Principal Order
Amendment Order
Amendment
P.U.(A) 164/2016[previously amended by P.U. ...
The Inland Revenue Board of Malaysia (HASiL) has uploaded the following Public Rulings (PRs) on its website.
Public Ruling No.:
Remarks(Please access the PRs for full details)
No. 6 ...
The Inland Revenue Board of Malaysia (HASiL) has uploaded the following Public Rulings (PRs) on its website.
Public Ruling No.:
Remarks(Please access the PRs for full details)
No. 4/202 ...
• Gazetted on 9 November 2023.
• The amendments are as follows:-
Principal Order/Rules
Amendment Order/Rules
Amendment
P.U.(A)157/2016[previously ame ...
P.U.(A)
Remarks(Please access the Regulations / Order for the full details)
305/2023
Customs (Amendment) (No. 2)Regulations 2023
(Gazetted on 10 October 2023)
These Regulations ...
The Inland Revenue Board of Malaysia (HASiL) has uploaded the following Public Ruling (PR) on its website.
Public Ruling No.:
Remarks(Please access the PR for full details)
No. ...
P.U.(A)
Remarks(Please access the Orders for the full details)
285/2023
Customs (Anti-Dumping Duties)Order 2023
(Gazetted on 27 September 2023)
This Order has effect for the p ...
The Royal Malaysian Customs Department (RMCD) has uploaded the following Guidelines on its MySST website:
No.
List of Guidelines
Remarks
1.
Guidelines on the Implementati ...
The Inland Revenue Board of Malaysia (HASiL) has uploaded the following Public Rulings (PRs) on its website.
Public Ruling No.:
Remarks(Please access the PRs for full details)
...
• Gazetted on 9 October 2023.• Amends the Income Tax (Exemption) (No. 20) Order 2007 [P.U. (A) 418/2007] as follows:
Amendments
With effect from
1. P.U. (A) 418/20 ...
P.U. (A)
Remarks(Please access the Orders for the full details)
251/2023
Income Tax (Exemption) (No. 2) Order 2023
(Gazetted on 23 Aug 2023)
1.The Order is deemed to have effect f ...
Guidelines
Remarks(Please access the Guidelines)
Guideline on Special Voluntary Disclosure Programme (SVDP) 2.0 (Amended)
(Dated 22 August 2023)
This amended Guideline replaces ...
P.U. (A)
Remarks(Please access the Order for the full details)
243/2023
Customs Duties(Exemption)(Amendment) (No. 3)
(Gazetted on 17 August 2023)
This Order comes into operation on ...
P.U.(A)
Remarks(Please access the Order and Rules for the full details)
240/2023
Income Tax (Exemption) Order 2023
(Gazetted on 15 August 2023)
This Order is deemed to have ...
P.U. (A)
Remark(Please access th Order for the full details)
225/2023
Customs (Anti-Dumping Duties)(Administrative Review) Order 2023
(Gazetted on 25 July 2023)
This Order has eff ...
P.U.(A)
Remarks (Please access the Rules for the full details)
235/2023
Income Tax (Deduction for Expenses in relation to Listing on Main Market, ACE Market or LEAP Market of Bursa Mala ...
The Royal Malaysian Customs Department (RMCD) has issued the following forms on its MySST website on 1 August 2023: -
No.
Form
Description
1.
SST- ADM
Lampiran 1
Lampiran ...
The Royal Malaysian Customs Department (RMCD) has released the response to the Customs policy issues raised and deliberated at the Customs-Private Sector Consultative Panel (CPSCP) Meet ...
The Income Tax (Deduction from Remuneration) (Amendment) Rules 2023 [P.U. (A) 230/2023] (Amendment Rules) was gazetted on 31 July 2023 and came into operation on 1 August 2023.
The Amendment Rules am ...
The Inland Revenue Board of Malaysia (HASiL) has issued a media release dated 26 July 2023 to inform that taxpayers can apply to make instalment payments for outstanding Income Tax and Real Prope ...
Guidelines
Remarks(Please access the Guidelines for the full details)
Guidelines on Tax Treatment for Reseach and Development ("R&D") Expenditure under Petroleum (Income Tax) Act ( ...
The Inland Revenue Board of Malaysia (HASiL) has issued the e-Invoice Guideline Year 2023 (Version 1.0). This Guideline is announced in HASiL’s media release dated 21 July 20 ...
P.U. (A)
Remarks(Please access the Orders for the full details)
190/2023
Customs (Anti Dumping Duties) (No. 3) 2020 (Amendment) Order 2023
(Gazetted on 26 June 2023)
This Or ...
The Inland Revenue Board of Malaysia (HASiL) has issued a letter to the Institute and other professional bodies dated 28 June 2023 on the Form CP22A/ CP22B/ CP21 submission requirements and ...
The Inland Revenue Board of Malaysia (HASiL) held a dialogue with the Ministry of Finance, the Institute, and other professional bodies on 21 June 2023 to discuss the Joint Memorandum on Issues Arisin ...
The Inland Revenue Board of Malaysia (HASiL) has issued a media release dated 27 June 2023 (in Bahasa Malaysia) on its website to inform that the Form e-107D has been introduced effective from 8 June ...
The Income Tax (Deduction for Expenditure Incurred for Provision of Approved Internship Programme) (Amendment) Rules 2023 [P.U. (A) 188/2023] (Amendment Rules) was gazetted on 23 June 2023 a ...
The Inland Revenue Board of Malaysia (HASiL) has issued its Practice Note No. 1/2023 dated 15 June 2023 to explain the tax treatment on foreign exchange (forex) gains and losses, under the princi ...
P.U. (A)
Remarks on the Orders(Please access the Order for more details)
176/2023
Stamp Duty (Exemption) Order 2023
(Gazetted on 9 June 2023)
Deemed to have come into oper ...
P.U. (A)
Remarks(Please access the Order for the full details)
169/2023
Customs (Provisional Anti-Dumping Duties Order 2023)
(Gazetted on 31 May 2023)
This Order has effect for th ...
Guidelines(Available in Bahasa Malaysia only)
Remarks(Please access the Guidelines for the full details)
Guidelines for Application of Tax Deduction on Contributions/Sponsorships of Smart ...
P.U.(A)
Remarks(Please access the Income Tax Rules for the full details)
165/2023
Income Tax (Transfer Pricing) Rules 2023
(Gazetted on 29 May 2023)
These Rules have effect for th ...
Selaras dengan pindaan subseksyen 83(2), (3) dan (4) Akta Cukai Pendapatan(ACP) 1967 yang berkuat kuasa mulai 1 Januari 2021, Borang CP21, CP22,CP22A dan CP22B hendaklah dikemukakan dengan menggunakan ...
The Inland Revenue Board of Malaysia (LHDNM) has updated the Frequently Asked Questions (FAQs) on Deferment of CP204 & CP500 Payments from 1 April 2021 to 31 December 2021 under ‘Progra ...
Guidelines
(Available in Bahasa Malaysia only)
Remarks
(Please access the Guidelines for the full details)
Guidelines on Deduction for Expenses in Relation to Secretarial Fee & ...
The Royal Malaysian Customs Department (RMCD) has made an announcement (available in Malay language only) on the remission of penalty due to non-payment or late payment under the GST Act 201 ...
The Inland Revenue Board of Malaysia (“LHDNM”) has uploaded the RF Filing Programme for the Year 2021 (“2021 Filing Programme”) on its website.
The salient p ...
The Inland Revenue Board of Malaysia (LHDNM) has uploaded the Real Property Gains Tax (RPGT) Return Form for the Year of Assessment (YA) 2021 for the reporting on disposal and acquisition of assets wh ...
The Finance Minister has issued a Media Statement dated 21 January 2021 (in Bahasa Malaysia only) on the implementation of the Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) Assistance Package anno ...
Indirect Taxation
SERVICE TAX REGULATIONS [P.U.(A) 419/2020 AND 422/2020]
P.U. (A)
Remarks
(Please access the Regulations for the full details)
419/2020
Servi ...
Direct Taxation
Income Tax (Cost of Renovation and Refurbishment of Business Premise) Rules 2020 [P.U. (A) 381/2020]
P.U. (A)
Remarks
(Please access the Rules for the full detail ...
What is the concession1
Employers having foreign employees who have yet to qualify as tax residents under S.7 of the Income Tax Act (ITA) 1967 are granted concession by the Inland Reve ...
https://nshcorp.com.my/media/1/2020/11/budget_2021_highlights.pdf-1604715415.pdf
Please click the following link to retrieve Budget 2021 highlights
https://nshcorp.com.my/media/1/2 ...
https://nshcorp.com.my/media/1/2020/11/budget_2021_highlights.pdf-1604715415.pdfPlease click the following link to retrieve Budget 2021 highlights
https://nshcorp.com.my/media/1/2020/11/budge ...
1) Convert your Sdn Bhd to PLT (Limited Liability Partnership, LLP),
PLT does not require the statutory audit, then why you still paying the audit fee? convert to PLT for ...
Direct Taxation
CLARIFICATION OBTAINED FROM LHNDM ON PENALTY IMPOSED ON FILING OF 31 JULY 2019 YEAR END COMPANIES AND EOT FOR 31 AUGUST 2019 YEAR END COMPANIES
The Institute has soug ...
SHORT-TERM ECONOMIC RECOVERY PLAN (PENJANA)
The Ministry of Finance has uploaded the following on its PENJANA website in relation to the Short Term Economic Recovery Plan ...
Direct Taxation
LHDNM RESPONSES TO CTIM CLARIFICATION SOUGHT ON P.U. (A) 274/2019, PN NO. 2/2020, FAQ ON SPECIAL DEDUCTION ON RENTAL REDUCTION AND MUTUAL EXCLUSION IN P.U. (A) 117/2017
...
RPGT EXEMPTION ORDER 2020
Please be advised that
Real Property Gain Tax Exemption Order 2020 - The government has issued RPGT Tax Exemption order for exempting RPGT tax on any gain made on d ...
SUMMARY OF 2020 STIMULUS PACKAGE
1) RM600 one-off payment to taxi drivers, tourist bus drivers, tourist guides and registered trishaw drivers.
2) RM400 special monthly critical allowance for ...
Direct Taxation
TAX CASE UPDATE
Claim for Fees Paid to “Runners” under S33(1) of the Income Tax Act 1967.
SENTIMAS SDN BHD v KPHDN
High Court of Malaya in Kuala Lumpur
Civil Appeal No ...
In accordance with the enforcement of section 241 of the Companies Act 2016 (CA2016) on 15 March 2019, you are required to take the following actions in order to ensure compliance with ...
Indirect Taxation
Departure Levy Act 2019 and P.U. (A) 213, 214, 215, 216/2019
The following Act, Orders and Regulations have been gazetted on 17 July 2019 and 31 July 2019 respectively ...
Direct Taxation
PUBLIC RULING NO. 10/2018 – TAX INCENTIVE FOR INVESTMENT IN BIONEXUS STATUS COMPANY
The Inland Revenue Board of Malaysia (LHDNM) issued Public Ruling (PR) No.10/2018 (Firs ...
Direct Taxation
AMENDMENTS TO TAX INCENTIVES – BIONEXUS INCENTIVES
General
We refer to our e-CTIM TECH-DT 90/2018 which highlighted the information provided by the Ministry of Finan ...
Indirect Taxation
RMCD – Service Tax Policy No. 2/2019 – Services Imported Into Designated Area Pulau Labuan
The Royal Malaysian Customs Department (RMCD) has recently uploaded the& ...
Direct Taxation
LHDNM: Further updates on e-CP39 (Statement of MTD)
Further to our e-CTIM TECH-DT 66/2019 dated 23 August 2019 that the online submission of the Statement of Monthly Tax De ...
