Substitution of Section 60k – Employment of Foreign Employee
Latest Update: 16-5-2022 1. The Employment (Amendment) Bill 2021 (“the Bill”) was presented on October 25, 2021. 2. Dewan Rakyat approved the Employment (Amendment) Bill 2021 on March 21, 2022. 3. Dewan Negara passed the Employment (Amendment) Bill 2021 on March 30, 2022. 4. The Employment (Amendment) Act 2022 was gazetted into law on May […]
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 […]
