Form B FAQ for Individuals with Business Income
Individuals who earn business income may be required to submit Form B to LHDN, regardless of whether the business is registered with SSM. Many taxpayers [...]
Author: LnCoadmin
Stamp Duty Phase 1 Penalty Waiver Policy
Effective from 1 January 2026, LHDN will officially implement the Self-Assessment Stamp Duty System (STSDS). Documents stamped (Setem) under the STSDS regime will enjoy a [...]
How to Determine Whether You Belong to Malaysia’s T20 Income Group
Understanding your household income category is important for government aid eligibility, subsidy qualification, tax planning, and overall financial management. In Malaysia, household income is generally [...]
Understanding B40, M40, T20 and T15 Income Groups in Malaysia
Recent discussions regarding the government’s possible adjustment of the RON95 fuel subsidy have attracted significant public attention, particularly on whether the T15 and T20 groups [...]
Important Reminder For Tax Payers: BRN Number Update Notice
The Inland Revenue Board of Malaysia (LHDN) recently reminded taxpayers to ensure that their Business Registration Number (BRN) in MyTax / HASiL is updated to [...]
BNM Launches RM50 Billion Financing Relief Facility
To support small and medium enterprises (SMEs) affected by global energy challenges and geopolitical uncertainties, Bank Negara Malaysia (BNM) has announced a RM50 billion financing [...]
E-Invoice: Transactions That Require Self-Billed E-Invoice
Under Malaysia’s E-Invoice framework, certain prescribed transaction types require the buyer to issue an e-Invoice on behalf of the supplier (Self-Billed E-Invoice). The following outlines [...]
Grant List in May 2026
SME Grant Resource Hub Whether you are a first-time entrepreneur or an established business owner looking to scale, government grants could be the catalyst your [...]
New Government Policy Announced: E-Invoicing, Financing Guarantees & Tax Measures
On 20 April 2026, the Malaysian Government announced three immediate measures targeting Small and Medium Enterprises (SMEs), aimed at addressing current economic challenges, easing cash [...]
2026 SOCSO New Policy Update
The SOCSO 2026 policy introduces Skim Lindung 24 Jam, expanding Social Security Organisation coverage to 24-hour protection, including daily life accidents. It provides ongoing support [...]