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Income Tax
LHDN Gains Direct Access To Taxpayers’ Bank Details Under Law Amendment
Tax experts have highlighted that the Inland Revenue Board (LHDN) will no longer need to inform or obtain […]
Income Tax
LIAM Proposes Increase In Tax Relief For Medical, Health Insurance Premiums Under Budget 2022
The Life Insurance Association of Malaysia (LIAM) has proposed for the government to increase the tax relief for […]
Income Tax
Finance Minister: Govt Constantly Reviewing Tax System For Efficiency And Fairness
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has said that the government is constantly reviewing the country’s […]
Income Tax
Former PM Najib Proposes Temporary Covid-19 Recovery Tax Plan, Including Higher Taxes On High-Income Individuals
Former prime minister Datuk Seri Najib Razak has suggested the implementation of a temporary recovery tax plan to […]
Income Tax
Malaysia Signs Tax Compliance Agreement With US To Share Info On Tax Evaders
Malaysia has signed a tax compliance agreement with the United States, joining 113 countries in implementing the Foreign […]
Income Tax
LHDN Increases Maximum Limit For Income Tax Payment Via FPX
The Inland Revenue Board (LHDN) has increased the maximum limit for income tax payments made through FPX, making […]
Income Tax
LHDN Offers Flexibilities On Tax Payments, Penalties To Affected Taxpayers Due To FMCO
Taxpayers whose income is affected by the Covid-19 pandemic and the implementation of the ongoing total lockdown (FMCO) […]
Income Tax
LHDN Enables e-Daftar For More Categories, Introduces New Prefix For Individual Taxpayers
The Internal Revenue Board (LHDN) will be expanding the functions of e-Daftar so that more categories of taxpayers […]
Income Tax
Active Cryptocurrency Traders Are Required To Declare Their Gains For Income Tax
The Inland Revenue Board (LHDN) has clarified that cryptocurrency investors who actively trade their assets at the digital […]
Income Tax
Budget 2021: 10 Key Highlights
Today on 6 November, Finance Minister Tengku Zafrul Aziz presented the much-anticipated national Budget for the year 2021 […]
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LHDN Reminder: Update Your Tax Instalments By 31 October
The Inland Revenue Board of Malaysia (LHDN) is reminding taxpayers who have received the Instalment Payment Notice (CP500) […]
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