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Resources
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Taxation
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| Employer’s Tax Statutory Obligation – Form E |
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| According to Section 83(1) of the Income Tax Act 1967, every employer is required to submit Form E by the 31st of March each year. |
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| Failure to comply with this requirement is considered an offense and may result in penalties imposed by the Inland Revenue Board of Malaysia (IRBM) or Lembaga Hasil Dalam Negeri Malaysia (LHDNM). |
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Starting a Business in Malaysia
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| To start a business in Malaysia, there are various types of business entities to choose from, including Sole Proprietorship, Partnership, Limited Liability Partnership, Private Limited Company, etc. |
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| However, before you can start registering your business, certain terms and conditions need to be met. |
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E-Invoicing in Malaysia
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| The new e-invoicing process in Malaysia, mandated to begin on August 1, 2024, represents a significant shift in how businesses handle invoicing. This initiative, introduced by the Inland Revenue Board of Malaysia (IRBM), aims to streamline transactions and enhance tax compliance across various sectors. |
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A Comprehensive Guide to Personal Tax Returns in Malaysia:
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| 2024 Year of Assessment |
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| As the 2024 Year of Assessment approaches, it is essential for Malaysian taxpayers to understand their obligations, explore available tax reliefs, and ensure compliance with the Inland Revenue Board of Malaysia (LHDN). Filing your personal tax returns not only fulfills a legal requirement but also allows... |
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