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Latest News In October 2023

Posted LnCoadmin

The Government will distribute RM100 ewallet credit in fourth quarter. Let’s take a look on the other news in October~

Skim Perubatan MADANI
  • Skim Perubatan MADANI is a government initiative designed to provide FREE healthcare services to the B40 group. Today, this plan has been expanded to cover selected private clinics nationwide.

 

  • The subsidy amounts are as follows:
    • RM250 for eligible families
    • RM125 for senior citizens
    • RM75 for single individuals.
  • These amounts can be utilized incrementally until fully utilized.
PayNet Announces Transaction Fees for DuitNow QR Users
  • As part of its recent announcement, PayNet is set to implement transaction fees ranging from 0.25% to 0.5% for merchants using DuitNow QR codes, starting this November.

 

  • However, some banks like Public Bank, CIMB Bank, and MayBank have assured merchants they won’t be charged. Businesses with different banks can check with their own banks for further details.
RM100 Government e-Wallet Credit
  • Government will distribute RM100 ewallet credit to B40 & M40 in the forth quarter this year. Public with annual income less than RM100,000 is eligible for this credit. Further details are to be announced.
Implementation of LHDN e-Invoice
  • LHDN will start to implement the e-invoice system starting 2024, initially targeting companies with an annual turnover exceeding RM100 million. This new system will digitally record all financial transactions, no matter their size, in the LHDN database. Once fully implemented, we believe that tax evasion will be reduced effectively.

 

List of Personal Tax Relief 2023
  • Here is the summary of personal tax relief 2023 for you to refer. Save this link if you are eligible for tax payment. Don’t forget to keep your invoice for at least 7 years as proof!

 

Public Holiday in October
  • 01.10.2023 (Sunday): Sultan of Kelantan’s Birthday Holiday (Kelantan Only)
  • 07.10.2023 (Saturday): Sabah Governor’s Birthday (Sabah Only)
  • 14.10.2023 (Saturday): Sarawak Governor’s Birthday (Sarawak Only)
Important Dates in October
  • 15.10.2023：PCB（September Salary）
  • 15.10.2023：SOCSO & EIS （September Salary）
  • 15.10.2023：HRDC（September Salary）
  • 15.10.2023：EPF（September Salary）
  • 15.10.2023：CP204 Payment
  • 30.10.2023：Audited Report（Company F.Y.E Mar 2023）
  • 31.10.2023：CP204 Submission（Company F.Y.E Nov 2024）
  • 31.10.2023：Form C（Company F.Y.E Feb 2023）
  • 31.10.2023：SST（Aug 2023 – Sept 2023 payment）