Amendment of Section 2 – Interpretation
EA Bill 2021 – Amendment of Section 2 – Interpretation – PDF Latest Update: 13-5-2022 1. The Employment (Amendment) Bill 2021 (“the Bill”) was presented on October 25, 2021. 2. Dewan Rakyat approved the Employment (Amendment) Bill 2021 on March 21, 2022. 3. Dewan Negara passed the Employment (Amendment) Bill 2021 on March 30, 2022. […]
28: Termination of Special Income Remittance Program [Program Khas Peremitan Pendapatan (PKPP)]
Termination of Special Income Remittance Program [Program Khas Peremitan Pendapatan (PKPP)] – PDF Finance Act 2021 [ACT 833] Layanan Cukai_FSI dan Duti Setem Nota Kontrak_2021-12-30 MOF – Tax Residents to be exempted from tax on Foreign Sourced Income until Dec 31, 2026 – PDF Media Statement – Termination of Special Income Remittance Program 1. The […]
Incentive for Manufacturers of Pharmaceutical Products
Incentive for Manufacturers of Pharmaceutical Products – PDF P.U(A) 34_2022 11
MIA Qualifying Examination
MIA Qualifying Examination – PDF MIA Education QE Application Form 1. Have you ever thought about becoming a Chartered Accountant in Malaysia? 2. Did you know that one of the ways to become an accountant is to complete the Malaysian Institute of Accountants Qualifying Examination (QE)? 3. Registration is currently open for the September 2022 […]
Forms E & CP 8D – Employees Information
1. When it comes to completing Form E and Form CP 8D, one of the questions that employers frequently ask is π In the event that the Company or Limited Liability Partnership (LLP) is dormant and there are no more employees, what should be completed 2. Another frequently asked question is π How do I […]
Whether Employer Can Amend Form CP22A
1. Section 83(3) of the Income Tax Act 1967 states: π Where an employer is about to cease to employ an individual who is or is likely to be chargeable to tax in respect of income in respect of gains or profits from the employment or where an individual under his employment dies, the employer […]
Perquisite vs Benefits in Kind
1. I believe there is confusion between the Perquisite and Benefit in Kind for newcomers to the workplace or employers sometimes. 2. It is essential to clarify this, as Perquisite and Benefits in Kind are different types of taxable income under the Income Tax Act 1967, and the fields to be entered in Form EA […]
Payment for Google and Facebook ads or Agoda is it Subject to Withholding Tax?
1. The question of whether payments made to foreign digital service providers for software and payments for the use of or right to use the information and digitized products are subject to withholding tax has been debated for some time. 2. The Inland Revenue Board (IRB) may take a position that differs from the position […]
The Difference between a Contractor / Freelancer and an Employee
1. The decision to report a person’s income on Form E is based on whether or not he is an employee, not on whether there are EPF or SOCSO contributions or not. 2. As a result, the employer must determine if the individual is an employee, a contractor, or a so-called freelancer before proceeding. π»π»π»π»π»π»π»π»π» […]
16: Can decisions of the Labour Court be Appealed
Can decisions of the Labour Court be Appealed – PDF 7
