HASiL: e-form for YA 2012 – 2015 will no longer be available for use from 1 July 2023 onwards
The Inland Revenue Board of Malaysia (HASiL) has announced that starting from 1st July 2023, the e-Form for the years of assessment (YA) 2012 to 2015 will no longer be accessible. As a result, taxpayers who need to submit return forms for these particular YAs must use the manual form available for download at www.hasil.gov.my. […]
Cessation of accepting Cheques and Money Orders/Postal Orders as instruments of payment to HASiL
Today we have an important update regarding tax payments in Malaysia. Media Release On June 12, 2023, HASiL issued a media release informing taxpayers about a significant change in how direct tax payments are accepted. Let’s dive into the details. The Inland Revenue Board of Malaysia (HASiL) announced the discontinuation of cheques and Money Order/Postal […]
HASiL’s Response to CTIM’s Letter On TAeF Portal For SVDP 2.0
The Inland Revenue Board of Malaysia (HASiL) has given a response to the letter that CTIM sent them on June 16th, 2023. The letter addressed the issues that were brought up on the TAeF Portal for the Special Voluntary Disclosure Programme (SVDP) 2.0. 1. TAeF portal has no option for SVDP 2.0 in view of […]
Customs (Provisional Anti-Dumping Duties) Order 2023
Today’s article will discuss a vital order related to anti-dumping duties. So, if you’re involved in international trade or import-export business, this information is crucial for you. Let’s get started! In exercise of the powers conferred by section 24 of the Countervailing and Anti-Dumping Duties Act 1993 [Act 504] and subsection 11(1) of the Customs […]
Guidelines for Application of Tax Deduction on Contributions / Sponsorships of Smart AI-Driven RVM
Today, we have an important update from the Ministry of Finance (MOF) that aims to promote sustainable practices through the use of Smart Artificial Intelligence (AI)-Driven Reverse Vending Machines (RVMs). So, let’s get right into it! The MOF has recently issued guidelines for applying tax deductions on contributions or sponsorships for Smart AI-Driven RVMs. These […]
Persons with Disabilities Act 2008
The Persons with Disabilities Act 2008 (Act 685) in Malaysia is a legislation that focuses on the rights and well-being of persons with disabilities. What is a Disability? Disability refers to a condition or impairment, whether physical, mental, cognitive, or developmental, that hinders, interferes with, or limits a person’s ability to engage in specific tasks […]
CCS looks for all collaboration!
CCS & Co Plt is honoured to have been one of the presenters in the Virtual Networking Session between IAPI from Indonesia and MIA member firms. We would like to express our heartfelt gratitude to the organiser for providing us with this valuable opportunity to share our expertise and insights with such a distinguished audience. […]
What is ESG
The acronym ESG refers to a set of criteria that is used to analyse the long-term viability and ethical impact of an investment or a firm. These criteria include environmental, social, and governance considerations. When investors evaluate the behaviour and potential performance of organisations, it has evolved into an important consideration to take into account. […]
Stamp Duty (Exemption) Order 2023
In exercise of the powers conferred by subsection 80(1) of the Stamp Act 1949 [Act 378], the Minister hereby makes the Stamp Duty (Exemption) Order 2023. This Order is deemed to have come into operation on 1 June 2022. Exemption: The Minister exempts stamp duty in respect of any loan agreement to finance the purchase […]
Stamp Duty (Exemption) (No. 2) Order 2023
The Stamp Duty (Exemption) (No. 2) Order 2023 has been gazetted under subsection 80(1) of the Stamp Act 1949 [Act 378] by the Minister. The order came into operation on 1 June 2022 and may be cited as the Stamp Duty (Exemption) (No. 2) Order 2023 [PU(A) 177/2023]. Under this order, the Minister has granted […]
