Double Tax Deduction for Expenditure in relation to Industry4WRD Vendor Development Program
What Is the 4th Industrial Revolution (4IR)? What exactly is meant by the phrase “the Fourth Industrial Revolution,” and why should you be concerned about it? The convergence of the physical, digital, and biological worlds are referred to as the “Fourth Industrial Revolution,” and it is a term that has been used to describe this […]
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 […]
