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There are so many new things being introduced each day. We post latest hot content so that you can know them immediately with least effort. 

Renovation and Refurbishment

“Renovation & Refurnishment is one of the most exciting tax deduction available in 2020/2021. We are looking at RM 300,000. That’s a big sum to claim 🥰. No more guessing required. the gazette order has been published [PU(A) 381/2020] just before the new year. There is some bad news to this.

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Transfer Pricing Documentation Starts Jan 2021

Compulsory Transfer Pricing Documentation 🥵? 2021 is finally here, this new rule starts 1 Jan 2021. Transfer Pricing documentation is not new in Malaysia. But “Compulsory” is a new addition. What is so significant about this? Well in your tax return for, IRB wants you to tick whether you prepare the documentation or not.

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relocation incentives mida guideline

Penjana’s Relocation Incentives

Remember when PENJANA was launched on 5 June 2020, there is a special tax incentive to encourage investors in the manufacturing sector to relocate their manufacturing facilities to Malaysia?
MIDA has issued a guideline on the special tax incentive under PENJANA.

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Penjana Economy

Download On the verge of entering the 4th phase, Recovery, we remain focused on completing the nation’s current journey from Restart to Recovery by rolling out a set of strategic initiatives to

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