Friday, 22 November 2019

Personal Tax

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...

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. Generally rule is, a person is a Malaysia tax resident...

You will be barred from leaving the country if you have yet to settle your income tax or property tax (RPGT) from October 2013 onwards! You may or may not aware that you have outstanding...

30 June 2011 tax filing deadline for Tax Return Form B 2010 and Form P in respect of year of assessment 2010 is approaching with less than a month to go. Form B is tax...

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...

Malaysia Inland Revenue Board (IRB) on 12 April 2011 issued a Technical Guideline on personal tax relief or deduction on the broadband subscription fee. It clarifies that individual (employee) who receives benefit on using...

Company taxpayers are still the biggest contributor to the government’s revenue of RM40.27 billion, representing 45.55% of the total revenue collection. Followed by petroleum income tax and individual income tax which contribute to 30.80%...

On 16 November 2011, Inland Revenue Board Malaysia issued Public Ruling No 8/2011, “Foreign Nationals Working in Malaysia – Tax Treatment”, which explains the tax treatment of employment income derived by foreign nationals exercising...

Following the implementation of Self Assessment Taxation System in Malaysia years ago, the Inland Revenue Board switches its focus and attention in doing tax audits to ensure taxpayers comply with the legal provisions and...

Encountered some questions on Malaysia personal tax matters? Inland Revenue Board (IRB), the Malaysian tax authorities published some FAQ that may be relevant to individual tax payer in Malaysia. Here are some extracts: Assessment of Tax Q...
PROMOTION: You can register New Company (Sdn Bhd) for just RM980 only! Call 03-7729 7018 or Click here find out!
CLOSE
CLOSE