Updates on Minimum Wages Order 2022

By Admin | December 31, 2022 Attention to employers hiring less than 5 employees! The implementation of the RM 1,500 Minimum Wages Order postponed from 1st January 2023 to 1st July 2023. You can refer to the slides above for more details. Please do not hesitate to contact us should you have any enquiries. Email: […]

Accelerated Capital Allowances

By Admin | December 31, 2022 Attention to all business owners! Believed most of you has heard about capital allowance which we usually claimed for the purchase of an asset. What about Accelerated Capital Allowance? Do you know the difference between them? IRBM has just released a public ruling for the updates and amendments regarding […]

Use of New Postal Address

By Admin | December 25, 2022 Important notice! The Inland Revenue Board of Malaysia (LHDN) will be using a new postal address starting 1 January 2023. Only ONE address will be used in every state. Kindly take note and direct all your future correspondences and tax notices to the new address. You can find the […]

Mini Budget 2023

By Admin | December 24, 2022 The Mini Budget for 2023 has just been passed in the Parliament. We have summarised the highlights of the Mini Budget in the slides below. Do check out the slides to know more about it. If you would like to know more, please contact us at: Email: info@taxguardsadvisory.com Source: […]

Important Reminder For Limited Liability Partnership (LLP)

By Admin | December 18, 2022 Are you a partner of a Limited Liability Partnership (LLP)? Do you know that if you want to claim tax deduction for partner’s salary, you would need to state the amount in the LLP agreement? IRB has re-emphasized the importance of having a LLP agreement in the latest public […]

Foreign Sourced Income

By Admin | December 10, 2022 Do you have any income from overseas? Are you a freelancer earning income from abroad? Those overseas income are now taxable starting this year, but exemptions will be given for certain income. Learn more about it in the slides below. If you would like to know more, please contact […]