On 7 April 2026, the government gazetted two new sets of Income Tax Rules providing for Accelerated Capital Allowance (ACA) specifically to support the implementation of e-Invoices.

Individual income tax in Malaysia with details of tax due dates, residence status, reliefs and rebates for the year of assessment 2025.

Leave passages provided by employers to employees, local and overseas trips. Leave passage benefits provided by employers in Malaysia have specific tax treatments outlined in Public Ruling No. 1/2003 by the Inland Revenue Board (LHDN). This ruling clarifies when these benefits are tax-exempt for employees and non-deductible for employers. Tax-Exempt Leave Passages for Employees Employees enjoy tax exemptions on leave passages under strict limits. Local trips within Malaysia

A 2% tax imposed on dividends received by an individual from Malaysian resident companies beginning from 1st January 2025.

However, on 6 June 2025, LHDN announced several exemptions on the imposition of stamp duty on the employment contracts as follows:

Only certain entertainment expenses that meet specific criteria under provisions (i) to (viii) of paragraph 39 (1) (l) are 100% deductible.

Changes to tax form submissions starting from 1 January 2024.

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...

Waiver of debts - taxable or not?. While it may seem like a tremendous relief, the IRB might still consider it as taxable income.

Explore the Impact of Malaysia's Budget 2023 Key Tax Changes on Corporate and Individual Tax in Malaysia.

SVDP 2.0 targets taxpayers who have either not paid or underpaid their taxes to voluntarily report their income.

e-Invoice is the exchange of information in an invoice between a supplier and a buyer in a controlled electronic mechanism.

An overview of the key differences between MPERS, IFRS for SMEs and MFRS in Malaysia.

Effective 1 May 2022, tax penalties imposed under Section 113 (2) of the Income Tax Act, 1967 (ITA) are at a new, reduced graduated scale.

Classification of Redeemable Preference Shares (RPS) as Liability or Equity as prescribed by IAS 32 or MFRS 132.

Budget 2022 and Finance Act 2021, changes in tax rules for foreign-sourced income, introduction of new withholding tax of 2%, power to call

Tax and accounting treatment on foreign exchange gains and losses - based on MFRS 121, IAS 21, LHDN Guidelines and Public Rulings 12/2019.

New penalty rates for Late filing of Income Tax Returns in Malaysia effective from 1 October 2019.

Malaysian Income Tax Act, 1967 allows a deduction for bad debts / irrecoverable debts under Section 34 (2).

Income tax rebate of RM20,000 per year for first 3 years will be given for SMEs under the PENJANA initiatives by Malaysian Government.