BUDGET 2025 PART 3

By Admin | November 9, 2024 Following the announcement of Budget 2025, we have summarized the key areas into 4 sections. Part 3 will mainly focus on the personal tax updates in Malaysia as listed below:-• Tax Relief• Tax Exemptions Please read the slides to know more and stay tuned for more updates covered in […]

MANDATORY IMPLEMENTATION OF E-107D

By Admin | November 6, 2024 Attention to all Taxpayers! With the mandatory implementation of e-107D starting on 1 January 2025, the submission of the 2% withholding tax for Agent, dealer, and distributor must be made using e-107D through the MyTax portal. Kindly refer to the slide to understand more. If you would like to […]

BUDGET 2025 PART 2

By Admin | November 2, 2024 Following the announcement of Budget 2025, we have summarized the key areas into 4 sections. Part 2 will mainly focus on the corporate tax updates in Malaysia as listed below:-• New Investment Incentives Framework• E-Invoice Incentives• Talent Corp Tax Incentives• Other Tax Incentives Please read the slides to know […]

HAPPY DEEPAVALI!

By Admin | October 30, 2024 Happy Deepavali! Please be informed that our office will be closed on Thursday, 31st October 2024, and Friday, 1st November 2024, in observance of Deepavali and the Sultan of Perak’s birthday. We will resume business operations on Monday, 4th November 2024. We apologize for any inconvenience this closure may […]

BUDGET 2025 PART 1

By Admin | October 26, 2024 Following the announcement of Budget 2025, we have summarized the key areas into 4 sections. Part 1 will mainly focus on the Key Updates in Malaysia which include:• Dividend Tax• Minimum wage• RON95 petrol subsidy• Carbon Tax• STR & SARA Please read the slides to know more and stay […]

BUDGET 2025 HIGHLIGHTS

By Admin | October 21, 2024 The Malaysian government has just announced the Budget 2025. We have summarised the key highlights in the slides. Stay tuned for more detailed updates on the Budget 2025! If you would like to know more, please contact us at: Email: info@taxguardsadvisory.com Source: Laman Web Khas Belanjawan Kementerian Kewangan (mof.gov.my)

EMPLOYER ACTIONS REQUIRED FOR e-PCB PLUS PHASE 1

By Admin | October 19, 2024 Attention to all Employers! Following the launch of e-PCB Plus on 24 September 2024, employers are required to undertake several important actions. Please refer to the slides for further details. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com  Source: MyTax (hasil.gov.my)

Personal Tax Reliefs Year 2024

By Admin | October 16, 2024 Attention to all taxpayers! As 2024 is in the midst of the final quarter, get ready to file your individual taxes for the year! Do you know what you can claim as tax reliefs? Have you maximise your available claims to get the best tax savings? Well, it is […]

NEW SALARY CEILING FOR CONTRIBUTIONS

By Admin | October 14, 2024 Attention to All Employers! The Ministry of Human Resources, through the Social Security Organization (PERKESO), will enforce a new salary ceiling for contributions starting 1October 2024. PERKESO has announced that this change follows amendments to the Employees’ Social Security Act 1969 (Act 4) and the Employment Insurance System Act […]

E-INVOICE LATEST GUIDELINES

By Admin | October 12, 2024 Attention to all Malaysians! There is a new e-Invoice guidelines regarding the date of imposing penalty for non-compliance and persons exempted from issuing e-Invoice. Kindly refer to the slides to understand more! If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: Malaysia Federal Legislation (agc.gov.my)Frequently Asked […]