Generally, letting your property on rent could be a lucrative venture. However, this type of investment also comes with a variety of responsibilities and rental income tax Malaysia...
The income tax season is the time of the year when Malaysian taxpayers are busy filing their income tax returns. To help and facilitate taxpayers, the Malaysian government...
Navigating through the rules and regulations associated with income tax Malaysia could be daunting. However, it is essential to understand tax-related matters in order to comply with Malaysian...
Asset Transfer to Controlled Foreign-Incorporated Businesses Outside of Malaysia Present Currently, a real estate transfer a) by a person b) by the person's wife c) by the person and his wife or another...
Review of Individual Income Tax Rates for Residents Present As of AY 2021, the income tax rate system for resident taxpayers is built on progressive rates on chargeable income, which...
Revision of MSMEs' Income Tax Rate and MSMEs' Exclusion Requirements Present Currently, Part I of Schedule 1 of the Malaysian Income Tax Act 1967 (MITA) specifies the following income tax...
For Businesses Review of MSMEs' Income Tax Treatment and MSME Exclusion Requirements On the first RM150,000 of chargeable income, the corporate income tax rate for MSMEs would drop from 17%...
Retabled Budget 2023: Tax Measures that May Affect You Corporate tax The corporate income tax rate is reduced up to 2% for Micro, Small & Medium Enterprises (MSMEs) The corporate income...
Personal income tax in Malaysia (aka. Individual income tax Malaysia) can be a complex and confusing process, especially for those who are new to the system or filing...
The Royal Malaysian Customs Department (RMCD) has stated that the Malaysian government would apply a 10% sales tax to all imported low-value goods (LVG) purchased online beginning 1...
