Overview of Employer & Employee Tax Forms in Malaysia
When managing corporate tax matters, HR processes, and employee income tax filings, itโs crucial to understand and correctly use the relevant forms. Below is a [...]
Tag: ImportantNews
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?
Itโs not about your passport โ itโs about how long you stay in Malaysia each year! FAQs 1. What Is Tax Residency Status? Tax Resident: [...]
๐๐๐๐ ๐ ๐๐ข๐ฌ๐ญ๐๐ค๐ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ ๐๐๐ญ๐ฎ๐ซ๐ง? ๐๐๐ซ๐’๐ฌ ๐๐จ๐ฐ ๐ญ๐จ ๐ ๐ข๐ฑ ๐๐ญ!
How to correct errors in a submitted tax return? You can still make amendmentsโwhether itโs before or after the submission deadline! Overreported? Underreported? Missed something? [...]
๐๐ก๐๐ญ ๐๐ฌ ๐๐๐๐ ๐๐จ๐๐? ๐๐๐ซ๐’๐ฌ ๐๐ก๐๐ญ ๐๐จ๐ฎ ๐๐๐๐ ๐ญ๐จ ๐๐ง๐จ๐ฐ!
Did you know? Every company in Malaysia has an โindustry IDโ โ the MSIC Code Itโs a 5-digit classification code developed by the Department of [...]
ใAttention BusinessesใKey Tax & EPF Deadlines for the Second Half of 2025 โ At a Glance
A series of tax and compliance policies will roll out in the second half of 2025! This includes major changes in e-Invoicing, Service Tax, Sales [...]
How to Calculate Your SST Threshold: 3 Key Points Every Business Must Know
Starting from July 2025, Malaysiaโs Service Tax (SST) framework has expanded significantly. Many businesses that were previously exempted may now be required to registerโdepending not [...]