Personal Tax

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...

If you are receiving travelling or entertainment allowances from your company, you don't need to report it to income tax department (LHDN)! You can claim your expenses to set-off against the employment income received from...

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...

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...

Personal tax relief is available for those who have stayed in Malaysia for more than 182 days, regardless of the nationality of that individual. All individual who do not have any business income in the year of...

With effect from YA 2008, employees are given tax exemption on allowances, benefits in kind and perquisites that received from their employer as follows: (a) perquisites in relation to travel allowance, petrol card, petrol allowance...

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...