High-Value Goods Tax Delayed

By Admin | March 30, 2024 The implementation of High-Value Goods Tax was originally planned to start on 1 May 2024. However, the bill was not tabled in the recent parliamentary session. Hence, implementation of High-Value Goods Tax will delayed until further notice. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com […]

Form E YA 2023 Countdown

By Admin | March 23, 2024 Attention to all employers! Remember to submit your Form E YA 2023 by 31 March 2024! Take note that the grace period for the submission is extended to 30 April 2024. 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)

UPDATE ON SUBMISSION OF FORM E AND E-CP8D

By Admin | March 16, 2024 Attention to all employers! For YA 2023, Form E and e-CP8D can only be submitted by individuals holding the Employer role or Employer Representative only. For those without the role, you can apply for it through the Mytax portal: MyTax (hasil.gov.my) Please refer to the slide for the announcement […]

Service Tax for Maintenance and Repair Services

By Admin | March 9, 2024 Attention to all taxpayers! Starting 26 February 2024, there are new taxable services introduced under service tax which includes Maintenance and Repair services.  Please refer to the slides for a summary of the new Maintenance and Repair service. For more details, you may refer to the guideline in the […]

Updates in March 2024

By Admin | March 4, 2024 Attention to all taxpayers! Starting 1 March 2024, there are several important updates to be aware of. Other than the changes in Service tax rate, please take note that the exemption for Capital Gains Tax has ended on 29 February 2024. e-Filing for tax return form is now available […]

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 for a summary on the main changes to […]

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 […]