Malaysia Tax Budget

Budget 2014 Corporate tax rate reduced to 24%

Budget 2014: Corporate tax rate reduced to 24%

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To support the smooth implementation of GST and to further enhance the competitiveness of Malaysia, the corporate tax rate will be reduced by 1%,...

FAQ: 20% discount on PTPTN loan settlement

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In Budget 2013, in order to encourage the students to early repay the PTPTN loan, Prime Minister announced a discount of 20% will be...
Budget 2016 Malaysia read by Najib

Budget 2016 Malaysia: Full speech

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THE BUDGET 2016 SPEECH BY PRIME MINISTER AND FINANCE MINISTER DATUK SERI NAJIB TUN RAZAK - INTRODUCING THE SUPPLY BILL (2016) AT THE  DEWAN...

Tax Budget 2012: Higher EPF Contribution from Employers

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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...
Kastam_Malaysia-Details and Scope of Goods & Services Tax-thumb

Details and Scope of Goods & Services Tax

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The much sought after details and scope of the Goods and Services Tax (GST) have been released by the Custom Department. GST will be...
Tax Budget 2016 Malaysia

Malaysia Budget 2016 to be tabled on October 23, 2015

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Prime minister Datuk Seri Najib Razak announced that the Budget 2016 Malaysia will be tabled on 23 October. The 2016 Malaysia Budget will focus on...

Malaysia Individual Personal Tax Relief for YA 2010 & YA2011 (both years are same)

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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....
Budget 2014 BR1M RM650 for Households and RM300 for Singles

Budget 2014: BR1M RM650 for Households and RM300 for Singles

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The government will distribute higher Bantuan Rakyat 1Malaysia (BR1M) to households (RM650) and single individuals (RM300). BR1M of RM450 will now be given to those...
Najib at Budget 2015-thumb

Budget Malaysia 2015: Full Speech (Text) by Prime Minister

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By  YAB DATO’ SRI MOHD NAJIB TUN HAJI ABDUL RAZAK, PRIME MINISTER AND MINISTER OF FINANCE INTRODUCING THE SUPPLY BILL (2015) IN THE DEWAN RAKYAT FRIDAY, 10 OCTOBER...

Budget 2013: Tax status of a limited liability partnership

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Budget 2013 proposes amendments to income tax law to treat tax status of a limited liability partnership (LLP) similar to that of a company...

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