Statutory Minimum Wages: Why Pay Raise is Important?
1. Malaysia put in place a minimum wage system in 2013, which affects all employees except for those who work in the home [domestic workers] – – http://minimumwages.mohr.gov.my/index.php/ms/ 2. Under the National Wages Negotiating Council Act 2011 (Act 732), the Council is required to review minimum wage orders at least once every two years. However, […]
Income Tax (Deduction for Expenditure on Provision of Employees’ Accommodation) Rules 2021
1. Under these Rules, to ascertain the adjusted income of a company from its business in a basis period for a year of assessment, a Double Deduction of up to fifty thousand ringgit (RM50,000) shall be allowed for the expenses incurred by the company on rental of a premise for employees’ accommodation within the period […]
