Service Tax Updates

By Admin | February 24, 2024 Starting 1 March 2024, there will be changes to Service Tax as announced in Budget 2024. The main changes will be the increase in tax rate from 6% to 8%, and the inclusion of new taxable services. Refer to the slides below for a summary on the main changes […]

Capital Gains Tax Return Form

By Admin | February 17, 2024 Inland Revenue Board Malaysia (IRBM) has released the sample form for Capital Gains Tax submission. However, the submission of the form must be done electronically, through e-CKM in the MyTax portal. The portal will be available starting 1 March 2024. Please use this link to download a sample of […]

Happy Chinese New Year 2024!

By Admin | February 8, 2024 May the Year of the Dragon bring you and your loved one’s good fortune, health and fulfillment in all your endeavors. Please note that our office will be closed on 9th February 2024 to 12th February 2024 in observance of this festive occasion. We will resume our operations on […]

Form 2023 Updates

By Admin | February 3, 2024 Inland Revenue Board Malaysia has released the new Form E, Form CP8D and Form E for YA 2023. We have highlighted the changes for each form compared to YA 2022. Please refer the slides to see the changes. If you would like to know more, please contact us at:Email: […]

E-Invoice for Telecommunication Industry

By Admin | January 27, 2024 To clear up the uncertainties regarding the implementation of e-invoicing within the Telecommunication Industry, IRBM has issued the common FAQs on this topic.  Please refer the slides to know more. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com  Source:Industry Specific Frequently Asked Questions | Lembaga […]

Updates on Return Forms 2023: C.P.8D Pin. 2023

By Admin | January 13, 2024 Attention to all taxpayers! There are new updates regarding the furnishing of C.P.8D particulars that should be taken note of. The details can be found in the slide. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: rf-filing-programme-for-the-year-2024.pdf (hasil.gov.my)

Updates on Capital Gains Tax (CGT)

By Admin | January 6, 2024 Lembaga Hasil Dalam Negeri Malaysia (LHDN) has announced Capital Gains Tax (CGT) exemption in Malaysia which is effective from 1st January 2024 to 29th February 2024.  Please refer the slide to know more. For a recap on what is CGT, kindly refer to our previous post on CGT using the […]

E-Services

By Admin | December 30, 2023 Following the digitization initiative by LHDN, LHDN has announced the mandatory usage of e-Services for most of the taxation services. Starting 1 January 2024, these services can only be done online through MyTax portal. The slide shows the list of services. More services are expected to be added in […]

Happy New Year 2024!

By Admin | December 29, 2023 As the New Year approaches, we extend our warmest wishes to you and your loved ones for a wonderful start to the upcoming year, brimming with joy and success. Please note that our office will be closed on 1st January 2024 in observance of this festive occasion. We will […]