Extension of Individual Income Tax Relief for Child Care Centre or Kindergarten Fees
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position To alleviate the burden of working parents, effective from the YA 2017, a new paragraph 46(1)(r) of the ITA […]
Expansion of Scope on Covid-19 Detection Test Method
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023; for more info, please visit – https://www.ccs-co.com/post/budget-2023-malaysia-madani. This tax incentive included in Budget 2023, tabled in Parliament on 7 October 2022, was not included in Budget 2023 (Re-tabled) on 24 February 2023. Response from […]
Extension of Individual Income Tax Relief for the National Education Savings Scheme
Latest Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was tabled again in February 2023; for more info, please visit – https://www.ccs-co.com/post/budget-2023-malaysia-madani To Download Budget 2023 Speech and some other related publications – https://t.me/YourAuditor/3276 Current Position Income Tax Relief up to a maximum of RM8,000 for deposits made […]
Tax Relief on Voluntary Contribution to Employees Provident Fund
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023; for more info, please visit – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Subsection 49(1) of the ITA provides that a deduction up to RM 7,000 can be claimed by an individual on – To explain in a […]
