2026 Belanjawan Key Highlights
The 2026 Malaysian Budget has been officially unveiled. Despite global economic uncertainty and geopolitical tensions, the government continues to adhere to the “Prosperous Economy” framework, [...]
Author: LnCoadmin
Attention CP500 Taxpayers: Instalment Amount Can Be Revised by 31 October
Important Reminder for Malaysian Taxpayers: Taxpayers who have received a CP500 Notice — take note! If your estimated income has changed, you may submit the [...]
Shares Allocation & Shareholder Agreement
When incorporating a company in Malaysia, one of the most important questions entrepreneurs face is: how should shares be allocated. A well-planned equity structure not [...]
Even in Loss, Your Business May Still Be Taxable In The Following Situation!
Company Losses ≠ Tax Exemption! Even when a business is operating at a loss, the following situations may still be taxable 1. Bad Debt Written [...]
Types of Income and Expenses Exempted from e-Invoice in Malaysia
As Malaysia transitions towards nationwide e-Invoice implementation in 2024/25, the Inland Revenue Board of Malaysia (IRBM) has outlined specific categories of income and expenses that [...]
New U.S Tariff Policy Takes Effect
To boost the domestic industry, the United States has announced new tariff hikes on various imported goods: Branded or patented pharmaceuticals: 100% tariff, with exemptions [...]
Tax Treatment of Entertainment Expenses
According to Income Tax Act 1967, Section 39(1)(l) and LHDN Public Ruling No. 3/2008 & 4/2015: Not all entertainment expenses are deductible. -In general, entertainment [...]
Hiring certain employees qualifies for a Double Deduction
In Malaysia, hiring certain employees qualifies for a Double Deduction: -Senior employees: aged 60+, full-time, monthly salary ≤ RM4,000 -Interns: TalentCorp MySIP certified, allowance ≥ [...]
Latest News In October 2025
RON95 Fuel Subsidy Fully Implemented 30 Sept Besides this news, what else is worth paying attention to this month? Let's take a look together! RON95 [...]
【Beware of AI Ghost Call Scams ! 】
Scammers are now spoofing phone numbers and staying silent when you answer. The moment you speak, AI needs only 5 seconds of your voice to [...]