logo_edited.jpg
  • HOME

  • INSIGHTS

  • SERVICES

    • Audit
    • Tax
    • Advisory
    • Accounting
    • Company registration
    • Company secretarial
    • Payroll
    • Service tax
    • Tax audit
  • ABOUT US

    • Our Leaders
    • Our Team
  • CAREERS

  • CONTACT

    • LOCATION
  • More

    Use tab to navigate through the menu items.
    • Facebook
    • LinkedIn Social Icon
    • All Posts
    • accounting services
    • income tax services
    • lhdn
    • lhdn penalty
    • income tax malaysia
    • audit tax payroll
    • income tax return form
    • income tax form
    • foreign-source income tax
    • CP204
    • company directors
    • record keeping
    • budget 2020
    • malaysian budget
    • witholding tax
    • msc status malaysia
    • accounting standards
    • penjana
    • SST
    • RPGT
    • Budget 2022
    • Finance Act 2021
    • IAS 32
    • MFRS 132
    Search
    Budget 2022 - Key Tax Changes in Malaysia
    GSK & Associates
    • Feb 14
    • 7 min

    Budget 2022 - Key Tax Changes in Malaysia

    Budget 2022 and Finance Act 2021, changes in tax rules for foreign-sourced income, introduction of new withholding tax of 2%, power to call
    776 views0 comments
    Late filing of Income Tax Returns (ITRF) - New Penalty Rates
    GSK & Associates
    • May 26, 2021
    • 2 min

    Late filing of Income Tax Returns (ITRF) - New Penalty Rates

    New penalty rates for Late filing of Income Tax Returns in Malaysia effective from 1 October 2019.
    4,902 views0 comments
    Bad Debts Written Off - Tax Deductible?
    GSK & Associates
    • Apr 24, 2021
    • 4 min

    Bad Debts Written Off - Tax Deductible?

    Malaysian Income Tax Act, 1967 allows a deduction for bad debts / irrecoverable debts under Section 34 (2).
    3,115 views0 comments
    Income Tax, SST, RPGT and Stamp Duty - Exemptions Malaysia - COVID-19 Measures, includes Budget 2022
    GSK & Associates
    • Feb 7, 2021
    • 6 min

    Income Tax, SST, RPGT and Stamp Duty - Exemptions Malaysia - COVID-19 Measures, includes Budget 2022

    Income tax rebate of RM20,000 per year for first 3 years will be given for SMEs under the PENJANA initiatives by Malaysian Government.
    5,931 views0 comments
    Restriction on Deductibility of Interest - Section 140C
    GSK & Associates
    • Nov 22, 2020
    • 3 min

    Restriction on Deductibility of Interest - Section 140C

    Section 140C is a new section in Malaysian Income Tax Act, 1967 (ITA), introduced via Finance Act 2018, effective from 1 July 2019. 1....
    1,433 views0 comments
    Changes in Tax for the Year of Assessment 2020 - Highlights
    GSK & Associates
    • Nov 15, 2020
    • 4 min

    Changes in Tax for the Year of Assessment 2020 - Highlights

    Highlights on changes in tax matters in Malaysia, effective from the year of assessment (YA) 2020 based on Finance Act 2019.
    370 views0 comments
    Withholding tax exemptions for MSC-status Companies in Malaysia - Withdrawn
    GSK & Associates
    • Aug 23, 2020
    • 1 min

    Withholding tax exemptions for MSC-status Companies in Malaysia - Withdrawn

    Withholding tax exemptions for MSC-status Companies in Malaysia has been withdrawn effective from 1 January 2020.
    356 views0 comments
    Tax Filing and Payment Due Dates amid Movement Control Order (MCO) in Malaysia.
    GSK & Associates
    • Apr 16, 2020
    • 1 min

    Tax Filing and Payment Due Dates amid Movement Control Order (MCO) in Malaysia.

    Tax Filing and Payment Due Dates amid MCO in Malaysia from 18 March to 28 April 2020.
    385 views0 comments
    TAX DUE DATES FOR ALL RETURN FORMS FOR THE YEAR 2020, UPDATED ON 10 APRIL 2020
    GSK & Associates
    • Apr 15, 2020
    • 1 min

    TAX DUE DATES FOR ALL RETURN FORMS FOR THE YEAR 2020, UPDATED ON 10 APRIL 2020

    Tax due dates in Malaysia after the extension of MCO in Malaysia up to 28 April 2020, as updated by the LHDN on 10 April 2020
    236 views0 comments
    Directors' + Shareholders' Liability for Company's Tax
    GSK & Associates
    • Dec 29, 2019
    • 2 min

    Directors' + Shareholders' Liability for Company's Tax

    Who is liable to pay tax liabilities of a Company, if the Company fails to pay its corporate tax and Monthly Tax Deductions as an employer?
    586 views0 comments
    2020 MALAYSIAN BUDGET PROPOSAL
    GSK & Associates
    • Oct 14, 2019
    • 2 min

    2020 MALAYSIAN BUDGET PROPOSAL

    The salient tax proposals based on the Malaysian Budget 2020 speech as announced on 11 October 2019.
    3,151 views0 comments
    ACCOUNTING RECORDS KEEPING - A MANDATORY REQUIREMENT IN MALAYSIA
    GSK & Associates
    • Jul 3, 2019
    • 2 min

    ACCOUNTING RECORDS KEEPING - A MANDATORY REQUIREMENT IN MALAYSIA

    Accounting records keeping, a mandatory requirement in Malaysia. It is required by Income Tax Act, 1967 and Companies Act, 2016.
    5,259 views0 comments
    Guidelines on Submission of Tax Estimate in Malaysia via Form CP204 - includes Budget 2022 updates
    GSK & Associates
    • Jun 9, 2019
    • 5 min

    Guidelines on Submission of Tax Estimate in Malaysia via Form CP204 - includes Budget 2022 updates

    Guidelines on Submission of Tax Estimate in Malaysia via Form CP204
    36,732 views0 comments
    FOREIGN-SOURCED INCOME - MALAYSIAN INCOME TAX - includes Budget 2022 updates
    GSK & Associates
    • May 24, 2019
    • 4 min

    FOREIGN-SOURCED INCOME - MALAYSIAN INCOME TAX - includes Budget 2022 updates

    Foreign-sourced income is not subject to tax in Malaysia, except for certain activities, such as banking, insurance, and air......
    48,656 views0 comments
    INCOME TAX DUE DATES FOR ALL RETURN FORMS - YEAR 2019
    GSK & Associates
    • Apr 14, 2019
    • 1 min

    INCOME TAX DUE DATES FOR ALL RETURN FORMS - YEAR 2019

    Malaysian income tax return form filing programme for the year 2019, for all income tax return forms, with due dates as per the relevant...
    468 views0 comments
    TAX PLANNING for INDIVIDUALS
    GSK & Associates
    • Apr 1, 2019
    • 2 min

    TAX PLANNING for INDIVIDUALS

    Ways to reduce Income Tax for Employees and Service Directors and at the same time Employers gets full deductions of expenses. Out of...
    833 views0 comments
    LHDN - PENALTIES without NOTICE
    GSK & Associates
    • Mar 31, 2019
    • 1 min

    LHDN - PENALTIES without NOTICE

    There are penalties imposed by LHDN without notice or notification, one of it is under Section 107C(9), of the Income Tax Act, 1967....
    4,826 views0 comments
    Get to know about us >

     

    © 2022 by GSK & Associates, Audit Firm in KL

    ​