SOCSO Latest Announcement
Under the Employment Insurance System (Amendment) Bill 2025, employers are required to comply with new reporting obligations: 1. Before Hiring: Employers must notify SOCSO in [...]
Tag: ImportantNews
LHDN has announced a new policy: Tax-exempt approval for non-profit organisations will now be limited to a maximum of 10 years.
Before: Approval periods were determined case by case with no uniform maximum. Now (effective retroactively from 27 November 2025): All Institutions/Organisations/Funds (IOT) approved under Section [...]
SOCSO is More Than Just a Deduction: A Complete Guide to the Three Major Employee Protection Schemes
Many people think SOCSO is just a fixed monthly deduction. In reality, it includes three major protection schemes that provide critical support for employees in [...]
A Complete Guide to e-Invoice, Consolidated, and Self-Billed Issuance
Still unsure when to issue an e-Invoice, consolidate transactions, or apply self-billing? This comprehensive flowchart walks you through every scenario — sales, platform transactions, reimbursements, [...]
Complete Guide to Real Property Gains Tax (RPGT)
With Malaysia’s tax system continuously evolving, property-related taxation has become a critical topic for homeowners, investors, and businesses. Understanding the differences between Real Property Gains [...]
2025 Commonly Overlooked Tax Reliefs Reminder
The following is a summary of commonly overlooked personal tax reliefs in Malaysia for 2025. Please ensure your eligibility before claiming, and keep all relevant [...]
EPF vs PRS: A Guide to Retirement Savings Planning
In Malaysia, the primary tools for retirement savings are the Employees’ Provident Fund (EPF) and the Private Retirement Scheme (PRS). While both aim to secure [...]
Latest SST Update for Leasing & Rental of Tangible Assets
Whether your leasing service is subject to the 6% Service Tax now depends entirely on where the asset is located. Within Malaysia (≤12 nautical miles), [...]
SST Update Policy: Expand SST Exemption Categories
A clear summary of the latest changes to exempted and taxable items. 1. Soya Beans **Whether or not broken Key Amendments: Added to the Sales [...]
SST Latest Policy 2025: 3 Key Changes for the Construction Industry!
We’ve summarised the latest Service Tax Policy 7/2025 released by the Malaysian Customs, focusing specifically on construction companies, contractors, and developers. 1. EPCC Contracts (Engineering, [...]