GSK & AssociatesMar 11 minHow 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 & AssociatesOct 9, 20232 minWaiver 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 & AssociatesSep 22, 20236 minBudget 2023 - Corporate and Individual tax in MalaysiaExplore the Impact of Malaysia's Budget 2023 Key Tax Changes on Corporate and Individual Tax in Malaysia.
GSK & AssociatesAug 21, 20234 minSpecial Voluntary Disclosure Programme 2.0 in MalaysiaSVDP 2.0 targets taxpayers who have either not paid or underpaid their taxes to voluntarily report their income.
GSK & AssociatesAug 12, 20232 mine-Invoice Malaysiae-Invoice is the exchange of information in an invoice between a supplier and a buyer in a controlled electronic mechanism.
GSK & AssociatesJul 2, 20232 minKey differences between MPERS, IFRS for SMEs and MFRSAn overview of the key differences between MPERS, IFRS for SMEs and MFRS in Malaysia.
GSK & AssociatesMar 12, 20232 minIndividual income tax in MalaysiaIndividual income tax in Malaysia with details of tax due dates, residence status, reliefs and rebates for the year of assessment 2022.
GSK & AssociatesJul 20, 20224 minReduced rates for tax penaltiesEffective 1 May 2022, tax penalties imposed under Section 113 (2) of the Income Tax Act, 1967 (ITA) are at a new, reduced graduated scale.
GSK & AssociatesFeb 20, 20223 minRedeemable Preference Shares (RPS) - Liability or EquityClassification of Redeemable Preference Shares (RPS) as Liability or Equity as prescribed by IAS 32 or MFRS 132.