Excise Duties (Labuan) (Amendment) Order 2023
Pursuant to the authority granted by paragraph 90A(1)(a), read together with paragraph 90B(b) of the Excise Act 1976 [Act 176], the Minister has issued the Excise Duties (Labuan) (Amendment) Order 2023. This Order, which comes into effect on 1 April 2023, amends sub-subparagraph 2(e) of the Excise Duties (Labuan) Order 2022 [P.U. (A) 183/2022] by […]
Free Zones (Exclusion of Goods) (Amendment) Order 2023
In accordance with the authority granted under subsection 6(1) of the Free Zones Act 1990 [Act 438], the Minister has issued the Free Zones (Exclusion of Goods) (Amendment) Order 2023. This Order comes into effect on 1 April 2023 and amends the Free Zones (Exclusion of Goods) Order 1998 [P.U. (A) 459/1998] in the Schedule. […]
Sales Tax (Rate of Tax) (Amendment) Order 2023
The Minister has made an order under subsection 10(2) of the Sales Tax Act 2018 [Act 806], i.e. Sales Tax (Rate of Tax) (Amendment) Order 2023. This order came into operation on 1 April 2023. The Sales Tax (Rate of Tax) Order 2022 [P.U. (A) 176/2022] is amended in subparagraph 2(1) by substituting for paragraph […]
Excise (Amendment) Regulations 2023
In exercising the powers conferred by section 85 of the Excise Act 1976, the Minister has made the Excise (Amendment) Regulations 2023. These regulations will come into operation on 1 April 2023 and amend regulation 60A of the Excise Regulations 1977 by substituting the words “not containing nicotine” with “whether or not containing nicotine“. To […]
Sales Tax (Imposition of Sales Tax in respect of Special Areas) (Amendment) Order 2023
Sales Tax (Imposition of Sales Tax in Respect of Special Areas) (Amendment) Order 2023 has been issued by the Minister under section 57 of the Sales Tax Act 2018 [Act 806]. This Order will come into operation on 1 April 2023. The Sales Tax (Imposition of Sales Tax in Respect of Special Areas) Order 2018 […]
Excise Duties (Tioman) (Amendment) Order 2023
The Minister, exercising the powers conferred by paragraph 91I(1)(a) of the Excise Act 1976 [Act 176], has made the Excise Duties (Tioman) (Amendment) Order 2023. This order comes into operation on 1 April 2023 and amends sub-subparagraph 2(f) of the Excise Duties (Tioman) Order 2022 [P.U. (A) 181/2022] by replacing the phrase “not containing nicotine” […]
Do you know the deadlines for submitting Forms B & BE in Malaysia?
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Foreign Source Income: Meaning of “Received in Malaysia”
Effective 1 January 2022, the tax exemption for foreign-sourced income (“FSI”) received by Malaysian residents provided for under Para 28 was removed following the Budget 2022 made on 29 October 2021. The removal of the tax exemption for foreign-sourced income received by Malaysian residents implies that this type of income will be taxable in Malaysia, […]
Which Income Tax Form Should Freelancers Use: Form B or Form BE?
The Distinction between a Freelancer and an Employee The distinction between a freelancer and an employee is based on the nature of the working relationship between the individual and the company or person for whom they work. Here are some key factors that can help determine whether an individual is a freelancer or an employee: […]
Foreign income received in Malaysia which is exempted from tax from 1.1.2022 until 31.12.2026
Effective 1 January 2022, the tax exemption for foreign-sourced income (“FSI”) received by Malaysian residents provided for under Para 28 was removed following the Budget 2022 made on 29 October 2021. Hence, Foreign Income received in Malaysia which is eligible for the tax exemptions are as follows: Below is a summary of the exemption of […]
