income tax malaysia | GSK & Associates

GSK & Associates

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

Individual income tax in Malaysia

Individual income tax in Malaysia with details of tax due dates, residence status, reliefs and rebates for the year of assessment 2022.

201 views

GSK & Associates

Reduced rates for tax penalties

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.

1,186 views0 comments

GSK & Associates

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

2,029 views0 comments

GSK & Associates

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.

16,135 views0 comments

GSK & Associates

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.

9,163 views0 comments

GSK & Associates

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....

2,338 views0 comments

GSK & Associates

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.