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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


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) are 100% deductible.
Sirinjivi Venkat
Dec 12, 20244 min read


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


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


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


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


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


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, 20232 min read


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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