MITRS FOR LABUAN ENTITIES

By Admin | 20 September, 2025 Attention to all taxpayers! Effective from year of assessment 2025, businesses in Labuan are required to submit specified documents via the MITRS. Kindly refer to the slides below for more detailed information. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: Lembaga Hasil Dalam Negeri […]

Happy Malaysia Day, Everyone!🎉

By Admin | 12 September, 2025 In conjunction with Hari Malaysia, please be informed that our office will be closed on Monday, 15 September 2025 (as declared by Prime Minister Dato’ Seri Anwar Ibrahim) and Tuesday, 16 September 2025 in celebration of Hari Malaysia. Business will resume as usual on Wednesday, 17 September 2025. Thank […]

MITRS

By Admin | 6 September, 2025 Attention to all taxpayers! Effective from year of assessment 2025, submission of specific documents through MITRS will be implemented in stages, starting with Company and Limited Liability Partnership (LLP). It is mandatory to submit the required documents as stipulated under Section 82B of the Income Tax Act 1967 to […]

HAPPY MERDEKA DAY!

By Admin | 28 August, 2025 In conjunction with Merdeka Day, please be informed that our office will be closed on Monday, 1 September 2025, and business will resume as usual on Tuesday, 2 September 2025. We thank you for your kind understanding and continuous support. On behalf of our entire team, we wish everyone […]

NEW REQUIREMENT FOR FORM C YA 2025

By Admin | 16 August, 2025 Attention to all taxpayers! Companies are now required to disclose the beneficial owner information as part of their Form C YA 2025 submission. Kindly refer to the slide for more detailed information. Email: info@taxguardsadvisory.comSource: Lembaga Hasil Dalam Negeri Malaysia

UPDATE ON E-INVOICE

By Admin | 9 August, 2025 Attention to all taxpayers! There is an announcement from IRBM on e-Invoice regarding the Foreign Currency Exchange Rate element. Please refer to the slide to know more. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: https://www.hasil.gov.my/

UPDATE ON HIGH VALUE GOODS TAX (HVGT)

By Admin | 2 August, 2025 Attention to everyone! Prime Minister Anwar Ibrahim has announced that the government has officially scrapped its plan to impose the High Value Goods Tax (HVGT).  Please refer to the slide to know more. If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: Govt shelves plan […]

IMPORTANT REMINDER FOR EMPLOYERS

By Admin | 24 July, 2025 Fixed-term, short-term, part-time, and contract worker agreements must be stamped. Unstamped contracts can cause compliance issues and may not hold up legally. 📌 For more information refer to LHDN’s FAQ on Stamped Employment Contracts for full details. If you have any questions, feel free to contact us.

INTERN OFFER LETTER NEEDS TO BE STAMPED

By Admin | 19 July, 2025 Internship offer letters that include terms such as allowance, duties, or working hours are considered employment contracts under the Stamp Act 1949, and must be stamped to be valid. ❗ Unstamped contracts may result in penalties and may not be legally enforceable.📌 For more information, refer to LHDN’s FAQ […]

FORM B YA 2024 COUNTDOWN

By Admin | 12 July, 2025 Attention to all taxpayers! Remember to submit your Form B YA 2024 by 15 July 2025 to avoid penalty!  If you would like to know more, please contact us at:Email: info@taxguardsadvisory.com Source: Return Form (RF) Filing Programme | Lembaga Hasil Dalam Negeri Malaysia