By Admin | November 30, 2024
Attention to all Taxpayers!
The capital allowance for purchase of ICT equipment and customised computer software development can be fully claimed in 3 years.
The initial allowance rate will be revised to 40%, while the annual allowance rate will remain at 20%.
The revised rate will be effective from the year of assessment 2024.
Kindly refer to the slide to understand more.
If you would like to know more, please contact us at:
Email: info@taxguardsadvisory.com
Source:
P.U. (A) 327
https://lom.agc.gov.my/ilims/upload/portal/akta/outputp/2460507/PUA%20327%20(2024).pdf
P.U. (A) 328
https://lom.agc.gov.my/ilims/upload/portal/akta/outputp/2460510/PUA%20328%20(2024).pdf