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Understanding Stamp Duty Requirements for Employment Contracts in Malaysia
However, on 6 June 2025, LHDN announced several exemptions on the imposition of stamp duty on the employment contracts as follows:
GSK & Associates
Jun 102 min read
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Understanding Entertainment Expenses for Tax Purposes in Malaysia
Only certain entertainment expenses that meet specific criteria under provisions (i) to (viii) of paragraph 39 (1) (l)Â are 100% deductible.
Sirinjivi Venkat
Dec 12, 20244 min read
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Important Update for Employers - Starting from the year 2024.
Changes to tax form submissions starting from 1 January 2024.
GSK & Associates
May 28, 20242 min read
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How will the increase in the Service Tax (SST) rate from 6% to 8% impact businesses and consumers?
We wish to draw your attention to the recent revision in the Service Tax rate, which has been increased from 6% to 8%, effective from 1...
GSK & Associates
Mar 1, 20241 min read
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Waiver of debts - taxable or not?
Waiver of debts - taxable or not?. While it may seem like a tremendous relief, the IRB might still consider it as taxable income.
GSK & Associates
Oct 9, 20232 min read
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Budget 2023 - Corporate and Individual tax in Malaysia
Explore the Impact of Malaysia's Budget 2023 Key Tax Changes on Corporate and Individual Tax in Malaysia.
GSK & Associates
Sep 22, 20237 min read
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Special Voluntary Disclosure Programme 2.0 in Malaysia
SVDP 2.0 targets taxpayers who have either not paid or underpaid their taxes to voluntarily report their income.
GSK & Associates
Aug 21, 20234 min read
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e-Invoice Malaysia
e-Invoice is the exchange of information in an invoice between a supplier and a buyer in a controlled electronic mechanism.
GSK & Associates
Aug 12, 20233 min read
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Key differences between MPERS, IFRS for SMEs and MFRS
An overview of the key differences between MPERS, IFRS for SMEs and MFRS in Malaysia.
GSK & Associates
Jul 2, 20232 min read
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