Malaysia Tax Budget
My First Home Scheme – Skim Rumah Pertamaku
Skim Rumah Pertamaku (SRP) - My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults...
BR1M RM500 cash aid application deadline extended to 10 February
The deadline for the public to submit the application form for the RM500 Bantuan Rakyat 1Malaysia (BR1M) scheme has been extended to Feb 10,...
Tax Budget 2012: Higher EPF Contribution from Employers
Budget 2012 has proposed that all employers are required to increase their EPF contribution from 12% to 13% for staff who are earning less than...
Malaysia Individual Personal Tax Relief for YA 2010 & YA2011 (both years are same)
Individual personal tax relief is only available for individuals who are considered tax resident in Malaysia. No tax relief is available for non-tax residents....
FAQ: 20% discount on PTPTN loan settlement
In Budget 2013, in order to encourage the students to early repay the PTPTN loan, Prime Minister announced a discount of 20% will be...
Malaysia Tax Budget 2012 Full Highlights
* One off cash assistance of RM500 to all households with a monthly income of RM3,000 and below, costing RM1.8 billion to benefit 3.4...
Budget 2015: Self Assessment for Real Property Gains Tax (RGPT)
Currently, gains from the disposal of property under the Real Property Gains Tax Act 1976, are assessed formally by the Inland Revenue Board (IRB...
MOF issues FAQ on RM500 cash aid (download registration form here)
Malaysia Ministry of Finance (MOF) open up a toll-free hotline 1-800-222-500 to answer enquiries and provide clarification in relation to RM500 cash aid for...
Franchise Fee Is Now Tax Deductible In Malaysia
Franchise fee is now tax deductible in Malaysia, announced by Prime Minister Dato Seri Najib in Budget 2012.
Franchise is a business model where franchisee...
Malaysia Budget 2011 Summary and Highlights
“ 1Malaysia, Generating Transformation ”
Summary & Highlights - Tax Changes & Proposals
Existing EPF relief of maximum RM6,000 is extended to include employees’ contributions to private staff...
