Income Tax (Deduction for Training Costs Under National Dual Training System) Rules 2021
1. NDTS is the acronym for the National Dual Training System. ‘Dual’ means training in two learning situations, namely: 👉 The actual workplace (company) that covers 70% to 80% practical training (performance) and; 👉 Training Centre which covers 20% to 30% of theory (knowledge). 2. IN exercise of the powers conferred by paragraph 154(1)(b) read […]
Tax Clearance Letter: Closing the Income Tax File – Companies under CA 2016
LHDNM Operational Guidelines No.3-2021 – Tax Clearance Letter Application 1) The Inland Revenue Board (IRB) has published Operational Guidelines No. 3/2021, titled “Permohonan Surat Penyelesaian Cukai Bagi Syarikat, Perkongsian Liabiliti Terhad Dan Entiti Labuan” on its website in Bahasa Malaysia. 2) The Guidelines, which were issued on June 30, 2021, supersede GPHDN 2/2019, which was […]
Income Tax (Exemption) (No. 9) Order 2021: Tour Operating Business
The Minister exempts a qualifying person from the payment of income tax in a basis period for a year of assessment in respect of the statutory income derived from a qualifying activity. P.U. (A) 344 (2021）- Stamp Duty (Exemption) (No. 9) Order 2021 – 23 August 2021 1. Under this Exemption Order:- 👉 Tourism companies […]
Income Tax (Special Deduction for Reduction of Rental to a Small and Medium Enterprise) Rules 2021
Special Deduction for Reduction of Rental to a Small and Medium Enterprise P.U. (A) 353 (2021）- Income Tax (Special Deduction for Reduction of Rental to a Small and Medium Enterprise) Rules 2021 – 8 September 2021 1. 根据这项细则 [Income Tax (Special Deduction for Reduction of Rental to a Small and Medium Enterprise) Rules 2021]： 👉 […]
Income Tax (Special Deduction for Reduction of Rental to Tenant other than a SME) Rules 2021
Special Deduction for Reduction of Rental to a Tenant other than a Small and Medium Enterprise P.U. (A) 354 (2021) – Income Tax (Special Deduction for Reduction of Rental to a Tenant other than a Small and Medium Enterprise) Rules 2021 – 8 September 2021 9
Income Tax (Exemption) (No. 10) Order 2021: Qualifying Capital Expenditure by Qualifying Company
A qualifying company in the basis period for a year of assessment is exempted from the payment of income tax in respect of statutory income derived from a qualifying project, which is equivalent to the amount of allowance of fifty per cent (50%) of the qualifying capital expenditure incurred by that qualifying company. 1. 根据这项指令 […]
Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules2021
In determining the adjusted income of that qualifying person from his business in that year of assessment, a deduction shall be allowed for expenses incurred by that qualifying person in the basis period for the implementation of flexible work arrangements in relation to consultation fee, cost of capacity development, cost of software, and software subscription. […]
Centralization and Decentralization of Taxpayer files of Companies and Non-Companies
The Malaysian Inland Revenue Board (LHDNM) has issued a Media Release (available only in Bahasa Malaysia) dated 13 January 2021 on its website. 马来西亚税收局 (LHDNM) 在其网站上发布了一份日期为2021年1月13日的新闻稿（只有马来语版本）。 7
Tax Collection Framework 2021
9
Form CP 204B (Revised 2020)
7
