Saturday, 4 July 2020

Personal Tax

In a press release, Inland Revenue Board Malaysia will continue its Taxpayer Service Month Program until 30 June 2011. The program is focus on taxpayers who are deriving business income submitting their Form B for...

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...

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...

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%...

30 June 2011 marks the last day of first half year of 2011. Time flies, we are mid way through year 2011. For businessmen carried out their businesses under sole proprietorship and partnership, they all...
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