HASiL Media Release – Encouraging The Use Of e-WHT For WHT Payment
In a press release dated 30 August 2023, the Inland Revenue Board of Malaysia (IRBM) wishes to announce that, to facilitate the payment of the Withholding Tax on its website, the electronic Withholding Tax form (e-WHT) was introduced starting January 1, 2023. e-WHT is one of the compulsory e-tax services that must be used online, […]
Celebrating Success: A Big Thank You for Your Outstanding Efforts!
Dear Esteemed Team Members of CCS Group, As we gather tonight to unwind and enjoy our well-deserved off-peak dinner, I want to take this opportunity to express my heartfelt gratitude to each and every one of you. The conclusion of our peak period is not just a milestone; it’s a testament to your dedication, resilience, […]
Global Internal Audit Standards – 2023 Draft for Public Comment
Following the close of the Institute of Internal Auditors (IIA) public consultation period, the International Internal Auditing Standards Board (IIASB) would like to thank everyone for their feedback and comments on the proposed Global Internal Auditing Standards. The views of the general public are invaluable in developing standards to address the changing needs and challenges […]
（中文版）马来西亚内陆税收局 2023 年电子发票指南 | e-Invoice Guideline Year 2023 Inland Revenue Board of Malaysia
尊敬的商家朋友们，您好！ 我们非常高兴地宣布，CCS Group 的线上分享会已经圆满举行！ 如果您错过了这场精彩的活动，别担心，我们已经将整个分享分成了八个简洁明了的部分，方便您逐步了解和学习。 以下是我们分享会的八个部分简介： Mr Chin, CCS Founder Part 1: 电子发票 (e-Invoice) 的概述 [https://www.youtube.com/watch?v=o1crSc_gGS8] Part 2: 电子发票的好处 – [https://www.youtube.com/watch?v=g7gZ2VvTcH4&t=0s] Part 3: 电子发票要求概览 – [https://www.youtube.com/watch?v=0kNQ8krwE74&t=0s] Part 4: 电子发票流程全貌 – [https://www.youtube.com/watch?v=R2PUexLokWE&t=0s] Part 5: 电子发票的准备工作 – [https://www.youtube.com/watch?v=Iy429wLbvNQ&t=0s] Part 6: 针对电子发票的总结 – [https://www.youtube.com/watch?v=ohd7NN8ZaBY&t=0s] AutoCount 行销与市场董事, Alex Ng Part 7: 从会计软件看电子发票 – [https://www.youtube.com/watch?v=1HSWRexijBc&t=0s] Part 8: Q&A – [https://www.youtube.com/watch?v=UAikq8mMLVQ&t=1s] […]
Income Tax (Exemption) (No. 3) Order 2023：New Principal Hubs
IN exercise of the powers conferred by paragraph 127(3)(b) of the Income Tax Act 1967 [Act 53], the Minister makes the Income Tax (Exemption) (No. 3) Order 2023 [P.U. (A) 252/2023]. This Order, alongside the earlier Income Tax (Exemption) (No. 2) Order 2023, was gazetted by the Minister of Finance to provide tax incentives for […]
Steps for Tax Firms to Prepare for TAeF 2.0 Transition
The Inland Revenue Board of Malaysia (LHDNM) has issued a notice informing tax agents and tax firms of the upcoming launch of the new TAeF 2.0 system in November 2023. The enhanced Tax Agent e-Filing system aims to improve the efficiency and integration of tax e-services through the MyTax portal. In preparation for the transition, […]
Form SST-ADM & Form SST-ADM 2：Voluntary Declaration of Taxes Under Sales Tax and Service Tax Act
The Royal Malaysian Customs Department (RMCD) has issued the following forms on its MySST website on 1 August 2023. Here is a summary of the SST-ADM and SST-ADM 2 forms: SST-ADM Purpose: For voluntary declaration to pay sales or service tax to Royal Malaysian Customs Department. Used when: SST-ADM 2 Purpose: For voluntary declaration to […]
Income Tax (Exemption) (No. 2) Order 2023: Existing Principal Hub
Here is an announcement covering the critical information from the Income Tax (Exemption) (No. 2) Order 2023 [P.U. (A) 251/2023], which is deemed to have effect from the year of assessment 2019. A principal hub referred to under this Order is a company which— The government has introduced a tax exemption incentive for principal hubs […]
What Happens if Illness Strikes on Your Day Off?
Section 59 of the Employment Act is read as below: (1) Every employee shall be allowed in each week a rest day of one whole day as may. be determined from time to time by the employer, and where an employee is allowed more than one rest day in a week the last of such […]
TRSB v KPHDN: Taxpayer’s Tax Forms Were Right, Taxman’s Penalty Was Wrong
Here is an analysis of the TR Sdn Bhd (TRSB) tax case in October 2022: Introductory Paragraph This was an appeal by TR Sdn Bhd (“Appellant”) against a decision of the Special Commissioners of Income Tax (“SCIT”), which upheld penalties imposed by the Inland Revenue Board (“IRB”) under Section 112(3) of the Income Tax Act […]
