Personal Tax

A lot of people get confused when they thought that the income tax has already been taken care of by the deduction of PCB from their salaries. They have assumed that taxes have already...

TAXPAYERS using e-Filing will be getting their refund credited directly into their bank accounts within 30 days after the declaration is made. Inland Revenue Board (IRB) public relations officer Masrun Maslim said the refund would...

As it was announced in Budget 2014 & proposed in the latest Budget 2015, individuals income tax rates will be reduced by 1% to 3% with effective from the year of assessment 2015. Technically, families with total...

Every individual is subject to tax on income earned in Malaysia or received in Malaysia from outside Malaysia. Income earned in oversea remitted to Malaysia by a resident individual is exempted from tax. A non-resident...

Every tax payers are allowed to claim tax reliefs to set-off against their employment or business income when calculating their personal tax. However, based on our experience, most of the tax payers have easily believed...

Upon the implementation of GST in April 2015, the Government is committed to provide various forms of assistance to the rakyat during and after the GST implementation. One of the significant measure is to...

IT'S tax season again! Unfortunately, however, the filing procedure tends to end up being a truly “taxing” period for many individuals. We've all heard the horror stories of people failing or forgetting (be it willingly or...

As announced in Budget 2014 and to increase the disposable income of the middle income group, a special one-off personal tax relief of RM2,000 will be given to resident tax payers earning up to...