𝐂𝐏𝟓𝟎𝟎 𝐌𝐚𝐝𝐞 𝐄𝐚𝐬𝐲: 𝐀 𝐌𝐮𝐬𝐭-𝐊𝐧𝐨𝐰 𝐟𝐨𝐫 𝐍𝐨𝐧-𝐄𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐈𝐧𝐜𝐨𝐦𝐞 𝐄𝐚𝐫𝐧𝐞𝐫𝐬
Applicable to individuals earning rental, commission, business, or freelance income, guiding you to easily understand key payment points and methods. FAQs: 1. What is CP500? [...]
Comprehensive Guide to e-Invoice Submission Date
Whether it’s domestic operations, imported services, or foreign income, each type of e-invoice has a clear submission deadline. Submitting on time helps avoid delays in [...]
Service Tax on Imported Taxable Services Overview
Comprehensive Analysis of Scope of Application, Filing Methods, Exemption Conditions, and Special Provisions for Digital Services FAQs: 1. Import Service Tax Explanation Under the First [...]
Guidelines for Issuing e-Invoices by Charitable Organizations
A comprehensive guide covering applicable entities, issuance procedures, exemptions, and verification methods FAQs: 1. Charitable organizations are REQUIRED to issue e-Invoices if they meet any [...]
Gig Workers Bill 2025: Strengthening Malaysia’s Gig Economy
What is Gig Workers Bill 2025 (RUU PEKERJA GIG 2025) about? Malaysia has taken a decisive step in reshaping its labour landscape with the passing [...]
Employee Reimbursement E-Invoice Guide
A comprehensive guide outlining e-invoicing requirements for both local and overseas expenses, clearly distinguishing between different supplier types and invoicing obligations to help employees process [...]
Malaysia 2025 JAN-JUN Investment Highlights
According to the latest data released by the Malaysian Investment Development Authority (MIDA), approved investments in the first half of 2025 grew 18.7% year-on-year, creating [...]
Comprehensive Guide of Exempt Private Company (EPC)
Establishment requirements, benefits, and compliance obligations—all in one! What is an Exempt Private Company (EPC)? An Exempt Private Company (EPC) is a type of private [...]
Employer’s Guide: Handling Employee Unauthorized Absenteeism
How should employers appropriately address cases of employee unauthorized absenteeism? The following sets out a compliant handling procedure and key considerations to guide you through [...]
EPF Announces New Retirement Savings Targets: RM390,000 Needed by Age 60 Are You Financially Prepared?
The Employees Provident Fund (EPF) has recently introduced its Belanjawanku 2024/2025 and Retirement Income Adequacy (RIA) Framework. This update shows that individuals will need about [...]
Smart Tech Up Grant – Empowering Local Businesses Towards Industry 4.0!
Launched by the Ministry of International Trade and Industry (MITI) Malaysia, this grant is tailored for Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs). [...]
Beware of Fraudulent Emails: Claiming to be from LHDN Regarding Tax Audits
Some taxpayers recently received an email titled: “PEMERISAAN CUKAI: DISYAKI MENGELUARKAN INVOIS PALSU” (Tax Audit: Suspected of Issuing Fake Invoices) At first glance, the email [...]
Overview of Employer & Employee Tax Forms in Malaysia
When managing corporate tax matters, HR processes, and employee income tax filings, it’s crucial to understand and correctly use the relevant forms. Below is a [...]
From 2025, Malaysian SMEs May Qualify for Audit Exemption
Good news! Eligible Malaysian SMEs can apply to be exempted from the annual statutory audit, easing operational burdens! FAQs 1. What is Audit Exemption? Audit [...]
Attention SMEs! Want to be Exempted from SST? You Must Register for MYPMK!
Effective 1 July 2025, if you are an SME and wish to enjoy Sales and Service Tax (SST) exemption for rental services: You must complete [...]
Latest SST Update: Aircraft & Ship Rentals Now Exempted from Service Tax
Effective 4 July 2025, the following rental/leasing services are no longer subject to Service Tax (SST) in Malaysia Rental of aircraft (excluding drones) Rental of [...]
MITRS is here! New tax filing requirement for companies!
Starting from the 2025 tax year, all companies (Sdn Bhd) and Limited Liability Partnerships (LLPs) are required to upload additional documents via the MITRS system, [...]
[Attention Malaysian Citizens!] What Is Tax Residency Status?
It’s not about your passport — it’s about how long you stay in Malaysia each year! FAQs 1. What Is Tax Residency Status? Tax Resident: [...]
𝐌𝐚𝐝𝐞 𝐚 𝐌𝐢𝐬𝐭𝐚𝐤𝐞 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐓𝐚𝐱 𝐑𝐞𝐭𝐮𝐫𝐧? 𝐇𝐞𝐫𝐞’𝐬 𝐇𝐨𝐰 𝐭𝐨 𝐅𝐢𝐱 𝐈𝐭!
How to correct errors in a submitted tax return? You can still make amendments—whether it’s before or after the submission deadline! Overreported? Underreported? Missed something? [...]
𝐖𝐡𝐚𝐭 𝐈𝐬 𝐌𝐒𝐈𝐂 𝐂𝐨𝐝𝐞? 𝐇𝐞𝐫𝐞’𝐬 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰!
Did you know? Every company in Malaysia has an “industry ID” — the MSIC Code It’s a 5-digit classification code developed by the Department of [...]