09th April 2019
EXTENSION OF SPECIAL VOLUNTARY DISCLOSURE PROGRAMME (SVDP)
7 April 2019, YB Tuan Lim Guan Eng, Ministry of Finance annouced that SVDP will be extended to 30 September 2019.

The penalty scheme is now revised to as follow:
   Disclosure…

04th March 2019
INCOME TAX FILING YEAR ASSESSMENT 2018
Inland Revenue Board of Malaysia would like to inform that the submission of Income Tax Return Forms (ITRF) for the Year Assessment 2018 via e-Filing for Forms E, BE, B, BT, P, M, MT and TF may be done…

22nd February 2019
List of New Updates From Royal Malaysia Custom Department
From 1st Jan 2019 onwards, a list of updates are uploaded into custom website, please find the updates as follow:
  • Amendments to Service Tax Treatment 
  • Sales and Service Tax Orders

  • 31st January 2019
    Service Tax on Imported Taxable Services
    With effective from 1st Jan 2019, service tax is imposed on Imported Taxable Services (ITS). On 9th Jan 2019, the Royal Malaysia Custom Department (RMCD) had issued a guideline to further clarify the…

    18th January 2019
    SPECIAL VOLUNTARY DISCLOSURE PROGRAMME
    With reference to the budget speech 2019, LHDN is offering a Special Voluntary Disclosure Programme (SVDP) begin from 3 November 2018 until 30 June 2019. This programme is to gives an opportunity to declare…

    07th December 2018
    PR 11/2018 Withholding Tax On Special Class of Income
    A new update of Public Ruling for Withholding Tax On Special Class of Income is uploaded by Lembaga Hasil Dalam Negeri dated on 5th December 2018, one of the changes which bring the good new to tax payer…

    14th November 2018
    BUDGET SPEECH 2019
    On 2nd Nov 2018, our Finance Minister, Lim Guan Eng made the annoucement of Budget 2019.

    >>Click here for the budget speech of 2019 publsihed by Ministry of Finance Malaysia. …

    15th September 2018
    TRANSITIONAL RULES FOR GST TO SST 2.0
    Effective from 1st September 2018, Sales & Services Tax has been re-introduced and Goods & Services Tax has been repealed.
    In reference to the Goods And Services Tax (Repeal) Bill 2018,…

    17th August 2018
    SUBMISSION OF GST-03 FOR FINAL TAXABLE PERIOD
    17 August 2108, Royal Malaysia Custom Department (RMCD) make an announcement on the submission of GST-03 for the final taxable period that pursuant to the Section 6, Goods and Service Tax (Repeal) Act…

    08th August 2018
    PROPOSED LIST OF TAXABLE SERVICES SUBJECTED TO SERVICE TAX
    On 8th August 2018, the Royal Malaysia Custom Department published a list proposed taxable services which are subjected to service tax. 

    Click here for further reference.


    07th August 2018
    NEW SST WEBSITE
    New SST website have been released.

    Refer to <https://mysst.customs.gov.my/> for further reference.

    02nd August 2018
    CONTRIBUTION TO SPOUSE SOSCO
    In reference made to Press Statement issued by SOSCO Department, with effect from 1st July 2018, it is compulsory for employer who employ the spouse to work in her/ his business enterprise (sole proprietor/partnership)…

    24th July 2018
    BRIEF SUMMARY OF THE PROPOSED MODEL OF SALES & SERVICES TAX 2018
    On 19 July 2018, the Royal Malaysia Custom Department (RMCD) has published a list of guideline of the proposed model Sales & Services Tax (SST) 2018 which will be implemented with effective of 1st…

    19th July 2018
    SALES & SERVICE TAX - FAQ RMCD
    Royal Malaysia Custom Department (RMCD) had issued the following guideline or Frequent Asked Question for the coming Sales & Services Tax:

    1. Service Tax FAQ (BM Version)
    2. Sales…

    16th July 2018
    SALES & SERVICES TAX (SST)
    In reference to the National Tax Conference(NTC) 2018 held on 16th July 2018, our Honourable Minister of Finance, YB Mr Lim Guan Eng annouced that Sales & Services Tax (SST) will be reintroduced from…

    12th July 2018
    ACCELERATED CAPITAL ALLOWANCE (INFORMATION & COMMUNICATION TECHNOLOGY) RULES 2018
    New update of gazetted order P.U. (A) 156 Income Tax (Accelerated Capital Allowance) (Information And Communication Technology) Rules 2018.

    The new rule will have the following impact to…

    12th July 2018
    REDUCTION OF GST STANDARD RATE FROM 6% TO 0%
    We refer to the announcement made by our Prime Minister Tun Dr Mohathir Mohamad on 16 May 2018 that the GST framework will remain in force until further notice. The GST standard rate will be changed from…

    12th July 2018
    BUDGET 2018 HIGHLIGHTS
    The Malaysian Federal Budget 2018 was tabled by the Finance Minister and Prime Minister YAB Dato’ Sri Mohd Najib bin Tun Haji Abdul Razak on October 27, 2017 and was passed in Parliament following…

    18th April 2017
    News: 100% penalty from 2018 for income tax dodgers
    Beginning Jan 1 2018, the Inland Revenue Board (IRB) will impose a 100% penalty on the tax of individuals and companies dodging payment or filing incorrect income tax returns.
    Ref: http://www.thestar.com.my/news/nation/2017/04/12/100-penalty-from-next-year-for-income-tax-offenders/

    25th January 2017
    Direct Tax matter : e-Filing Bagi Tahun Taksiran 2015 update from IRBM
    Inland Revenue Board of Malaysia would like to inform that the submission of Income Tax Return Forms (ITRF) for the Year Assessment 2015 via e-Filing for Forms E, BE, B, BT, P, M, MT and TF may be done…

    25th January 2017
    Indirect Tax matter -GST Malaysia updates
    In accordance with amendments made to Section 41 of the Goods and Services Tax Act 2014, with effect from 1/1/2016 failure to pay the amount of goods and services tax to be paid within the period specified…