Beyond Compliance, Grow Sustainably.
Beyond Compliance, Grow Sustainably.
Tag tax
Labuan – A Mid-shore Jurisdiction
Labuan is an island off the coast of Sabah in East Malaysia. Labuan International Business and Financial Centre (Labuan IBFC) was established in 1990, and laid the foundation for the development of offshore banking and insurance, trust and fund management,…
Tax Implications for Malaysians with foreign bank accounts and foreign source income in Overseas
Malaysians With Foreign Bank Accounts – What Are the Tax Implications in Malaysia Malaysia is having a tax amnesty period with the Special Voluntary Disclosure Program (SVDP) starting from 3 November 2018 to 30 June 2019 to encourage people with…
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 and the Stamp Act 1949.…
2019年1月起雇主需帮外劳还社险（SOSCO）
你知道外籍工人2019年1月开始将受保于社会保障组织（SOCSO）吗？由于有许多顾客都有询问我们相关详情。我们特别准备了以下的的FAQs希望能帮到您: 常见问题: 1. 雇主如何为外籍工人注册户口？ 答：外籍工人的登记可以通过自动化综合系统（ASSIST）网站在线进行，雇主必须在接下来那个月的15号前进行呈报并缴交有关付款。 2. 最迟什么时候需要为外籍工人注册户口？ 答：从2019年1月1日起，雇主必须在现有外籍工人FWCS失效一天过后向SOCSO注册户口。从2020年1月1日开始，所有雇主都应该向SOCSO注册并申报外籍工人资料，尽管这些外籍工人一直获享FWCS保障。 . 所有在2019年1月1日后，通过移民局核实后正式进入马来西亚的新外籍工人都必须向SOCSO登记。 3. 每月缴交的金额是多少？ 答：缴费率为当月工资的1.25％，详细支付金额，请参阅图表. 4. 需要扣除外籍工人的薪水吗？ 答：不需要，全数由雇主支付。 5. 雇主需要同时为外籍工人注册就业保险制度（EIS）户口吗？ 答：不需要，新条例不包含EIS在内。 6. 外籍工人需要符合什么条件吗？ 答： a) 必须持有合法护照及特别准证 （新外籍工人） b) 必须持有合法护照及临时就业签证或现有外籍工人 必须 持有合法就业签证，视何者适用。 7. 工伤保险计划对外籍工人有何利益？ 答： a) 医疗利益 b) 暂时伤残利益 c) 永久伤残利益 d) 遗嘱利益 e)…
Budget 2019 – The Proposed Tax Changes that the Business must Know
Click here for latest Malaysia Budget Highlights (2023) The Budget 2019 drew high attention from society and businesses due to it being the first Budget prepared by the new Government of Malaysia under the cloud of financial tightness, impact on revenue after…
Malaysia SST 2.0 – The things that you should take note
Malaysia has abolished the GST that was implemented more than 3 years since 1 April 2015 and reintroduced the Sales and Service Tax (SST) or we call it SST 2.0. effective on 1 September 2018. SST is not new to…
Accountants – The changes of roles and challenges ahead
Accountants – The changes of roles and challenges ahead Technological changes and innovation are progressing rapidly with the likes of Cloud solutions, Artificial Intelligence, Big Data, Internet of Things, blockchain etc. frantically knocking on the doors of accountancy. These developments…
Income Tax and GST Legislations, and Public Rulings Update – 6th April 2018
CCT Internal e-Tax Update 6 April 2018 Table of Contents Income Tax and GST Legislations, Public Rulings And Guides Update. 3 Direct Taxation. 3 PRACTICE NOTE NO. 1/2018 DATED 16 MARCH 2018. 3 TAX TREATMENT ON DIGITAL ADVERTISING PROVIDED BY…
