Unlock Tax Savings: Your Ultimate Guide to Child-Related Deductions in Malaysia 1. Child Tax Deductions: Employees can claim tax deductions for children under their care. These deductions reduce the employee’s chargeable income and their Monthly Tax Deduction (PCB). A “child” is ... Individual Sole Proprietorship Jun 3, 2026
Understanding Tax Exemption Restrictions in Malaysia As a taxpayer in Malaysia, it’s essential to grasp the nuances of tax exemptions. Here are key insights to help you navigate the complexities: 1. Control over employer : If you wield influence over yo... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Jun 3, 2026
Malaysian Tax Return Filing: Key Guidelines and Exemptions Income threshold: If your annual income (after EPF deduction) is at least RM 34,000, you are generally required to submit a tax return. Exemptions: However, exemptions apply under specific conditions.... Individual Sole Proprietorship Jun 3, 2026
How to Obtain Your Income Tax Number in Malaysia Check if you already have an income tax number: If you were previously employed, it’s possible that you already have an income tax number. To verify this, contact the LHDN (Inland Revenue Board) at th... Individual Sole Proprietorship Jun 3, 2026
How to Submit Form E in Malaysia: A Comprehensive Guide Submit Form E via e-Filing Log in to MyTax: Visit the MyTax portal. Access ezHasil Services: Click on “ezHasil Services” (located at the top left). Select e-Filing: Find “e-E” at the bottom of the scr... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Jun 3, 2026
Understanding Employee Benefits: Benefits-in-Kind vs. Perquisites When it comes to employee compensation, understanding the nuances of benefits is crucial. In this article, we delve into two key categories: Benefits-in-kind and Perquisites (commonly known as “perks”... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Jun 3, 2026
How to Calculate the Value of Living Accommodation for Employees: A Comprehensive Guide Providing living accommodation to employees is a common practice, but understanding its value is crucial for both employers and employees. In this guide, we’ll explore how to determine the value of li... Company Individual Limited Liability Partnership Partnership Sole Proprietorship Jun 3, 2026