Category Taxation

Tax updates, advisory insights, compliance matters, and tax-related articles by Cheng & Co Group.

0002 e1551771845233

Special Voluntary Disclosure Program (SVDP)

Special Voluntary Disclosure Program (SVDP) SVDP was a special program introduced in the budget 2019 with lower tax penalties on offenses committed under Income Tax Act 1967, the Petroleum (Income Tax) Act 1967, the Real Property Gains Tax Act 1976…

Businesses Beware of Price Control and Anti-Profiteering Act

Businesses Beware of Price Control and Anti-Profiteering Act

Businesses Beware of Price Control and Anti-Profiteering Act Our new Pakatan Harapan Government recently reduced GST from 6% to 0% from 1 June 2018 as part of their  manifesto that was announced before GE14. The new Sales and Service Tax…