Beyond Compliance, Grow Sustainably.
Beyond Compliance, Grow Sustainably.
Direct Taxation Update – December Direct Taxation Update – December LHDNM’S PRACTICE NOTE NO. 3/2017 ON CLARIFICATIONS ON EFFECTIVE DATE OF INCOME TAX (EXEMPTION) (NO.9) ORDER 2017 [P.U. (A) 323/2017] The Inland Revenue Board of Malaysia (LHDNM) has recently uploaded…
Tax and GST News – November (3) 19-25 November KPMG: Possible reduction in corporate tax rate by 2019, 22 November 2017 There is a possibility that there will be a cut in Malaysia’s corporate tax rate by 2019 which will…
Tax and GST News – November (2) 12-18 November Digital tax may boost tax collection by 5%, 17 November 2017 KPMG Tax Services Sdn Bhd said that Malaysia’s plan to impose indirect tax on companies in the digital economy, especially…
Tax and GST News – November (1) 1-11 November Labuan called to align its tax regime with BEPS Action 5, 16 November 2017 The Governor of the Central Bank of Malaysia, Muhammad bin Ibrahim, has called for Labuan to review…
Direct Taxation Update – November Income Tax and GST Legislation, Public Rulings and Guides Update PUBLIC RULING 6/2017 – WITHHOLDING TAX ON INCOME OF A NON-RESIDENT PUBLIC ENTERTAINER Full Version Lembaga Hasil Dalam Negeri Malaysia (LHDNM) has issued the above…
LHDN Organises Budget 2018 Talk Click here for latest Malaysia Budget Highlights (2023) Malaysians are still buzzing over the Budget 2018, recently announced by Prime Minister Datuk Seri Najib Tun Razak. SMEs are among the biggest beneficiaries with the government tabling RM20…
COLLECTION INTELLIGENCE ARRANGEMENT (CIA) – THE SMEs CONCERN & CHALLENGES The Collection Intelligence Arrangement (CIA) The announcement of the establishment of the Collection Intelligence Arrangement (CIA) was made in the Budget 2017 last year, comprising the Companies Commission of Malaysia…
Tourism Tax – Incentives for local travel agencies, 10 July 2017 Incentives for local travel agencies to cushion effects of tourism tax Special incentives will be provided by the government to local travel agencies to prevent contract cancellations following the…
Correcting GST Mistakes Through Awareness & Understanding Another successful GST Workshop was held at Cheng & Co’s Melaka branch on 11 October, 2016. This time around the workshop was conducted in English and participants gained a great deal of awareness…
GST Healthcare Centre – Alert #2 Kindly take note that there is a new paragraph on Good Written-Off has been added to the Para 66 revised General Guide as at 12 July 2016. The below excerpts has pointed out that…
