The Malaysian government is planning to re-implement goods and services tax (GST); however, this decision is likely to be implemented in 2022 or 2023. Hence, it is anticipated that...
The landlords who offer their premises to SME’s at reduced rates (at least 30% less) can continue to enjoy extended tax cut till March next year—The Finance Minister...
Both audit and assurance services play a key role during the evaluation of a company’s financial record. These procedures are followed to verify the accounting record available with...
The Malaysian Budget 2021 was announced on 6 Nov 2020, which is mainly focused on three major goals naming business continuity, Rakyat’s well-being, and economic resilience. To achieve...
Whether it is possible for Malaysia to lower its corporate tax rate 2020 during the prevailing economic situation or it should rely on its incentive-based strategy. The answer...
While proposing Budget 2021, the Malaysian government has recently announced a noticeable reduction in the income tax rates. During the budget session, Finance Minister Datuk Seri Tengku has...
Corporate tax is charged to the resident company or Sdn Bhd receiving income within Malaysia and outside Malaysia for a firm holding insurance, air transportation, sea, and banking...
According to Kuala Lumpur City Hall (DBKL), state builders which were not able to lease out their premises due to the Corona pandemic can apply for a vacancy...
Concerning the COVID-19 pandemic, over RM300 billion stimulus packages have been announced by the Malaysian Government to date. This is what other governments around the world are also...
Legal Definition of a Contract As far as the term “Contract” is concerned, it is defined in Malaysian Companies Act 2016. Here, a Contract is an agreement that is...
