Revised Special Guidelines: Income Tax Deduction for Community/Charity Projects to curb Covid-19
The announcement that contributions (in cash or in-kind) to overcome the COVID-19 outbreak is allowed for deduction under s 34(6)(h) of the Income Tax Act was made by the Government on March 23, 2020. A guideline was then issued by the Ministry of Finance (MOF) to explain the conditions and procedures in such claims. Further, […]
Double Tax Deduction for the Cost of Detection Test of Covid-2019
In the exercise of the powers conferred by paragraph 154(1)(b) read together with paragraph 33(1)(d) of the Income Tax Act 1967 [Act 53], the Minister, on September 9, 2022, gazetted the Income Tax (Deduction for Expenses in relation to the Cost of Detection Test of Coronavirus Disease 2019 (COVID-19) for Employees) (Amendment) Rules 2022 (P.U. […]
Tax Concessions Due to COVID-19 Travel Restrictions expired on 31 December 2021
1. On December 24, 2021, the Inland Revenue Board (IRB) updated the FAQ on International Tax Issues Due to COVID-19 Travel Restrictions (FAQ) and announced: ๐ the Tax concessions Due to COVID-19 Travel Restrictions expired on 31 December 2021 ๐ป๐ป๐ป๐ป๐ป๐ป๐ป๐ป๐ป๐ป 1. 2021ๅนด12ๆ24ๆฅ๏ผ็จ็จๅฑ (IRB) ๆดๆฐไบๅ ณไบๆฐๅ ่บ็็ๆ ่ก้ๅถๅฏผ่ด็ๅฝ้ ็จๆถไบ้กนๅธธ่ง้ฎ้ข [FAQ]๏ผๅนถๅฎฃๅธ๏ผ ๐ ๅ ณไบๆฐๅ ่บ็ๆ้ด็่กๅจ้ๅถๆ็ปไบ็็จๅกๅฎฝๅ ๏ผไบ2021ๅนด12ๆ31ๆฅ็ปๆ ๐ผ๐ผ๐ผ๐ผ๐ผ๐ผ๐ผ๐ผ๐ผ๐ผ 10
