The Royal Malaysian Customs Department has released Service Tax Policy No. 7/2025, effective from 1 July 2025. This update changes how service tax (SST) applies to Malaysia’s construction industry. Contractors who issue itemised invoices separating “materials” and “services” will only pay 6 percent SST on the service portion, while the materials part is exempted.
Read Moreclose sdn bhd with bank balance, strike off vs winding up Malaysia, members voluntary winding up Malaysia, MVL process Malaysia, closing company with losses, accumulated losses company closure, bank balance company closure MalaysiaBudget 2026: Higher Stamp Duty Exemption Threshold To Ease Business Costs
Read More
Hire-Purchase Amendment Bill to replace base lending rate with reference and effective interest rates
Read MoreBuying Property under a Sdn Bhd in Malaysia — The Hidden Tax Rules of Investment Holding Companies (IHC)
Read MoreTCGF document sets out the IRBM's expectation on the application of the principles of Tax Corporate Governance (TCG) within an organisational setting.
Read MoreLearn the step-by-step stamping process for contracts under the new Stamp Duty Act. Avoid penalties and protect your agreements.Starting 1 October 2025, all employers in Malaysia must contribute 2% EPF for foreign workers (non-Malaysian employees with valid work permits, excluding domestic helpers). From 20 September 2025, EPF will introduce automatic registration for workers holding a Temporary Employment Visit Pass (PLKS) or Employment Pass (EP), removing the need for manual submission.Learn the key stages of tax audit and appeal in Malaysia. From LHDN audit to SCIT hearings, KTP guides SMEs on compliance, deadlines, and appeals.
Read More
Starting from 1 April 2022, LHDN has launched an online payment system e-TT for users to make withholding tax payments. e-TT is a system that uses Virtual Account Number (VA) as payment identification.
Read More
Discover the tax treatment of Hungry Ghost praying expenses in Malaysia. Learn which costs are deductible under the Income Tax Act 1967.
Read More
In Malaysia, landlords and business owners may receive a CP500 notice from LHDN once rental income exceeds RM24,000. CP500 is not a new tax, but an instalment scheme to spread out payment on rental or business income tax instead of paying one lump sum at filing time.
Read More
Stay compliant with MITRS Malaysia 2025. Learn deadlines, required documents, and how SME bosses can prepare with their tax agents to avoid penalties.