GST Malaysia – Section 4 – Non-Allowable Input Tax, Bad Debts Relief, Record Keeping and Offences & Penalties

NON ALLOWABLE INPUT TAX While is general, input tax is claimable under Standard and Zero-rated...

GST Malaysia – Section 3 – Taxable Supplies, Value of Supply & Time of Supply

(< Section 2 – How does GST work?) TAXABLE SUPPLIES Supply means to provide, serve...

GST Malaysia: Section 2 – How does GST work?

HOW DOES GST WORK? At a glance, GST comes with a flat rate of 6%...

GST Malaysia: Section 1 – What is GST?

WHAT IS GST? Goods and Service Tax (“GST”) is governed by the Royal Malaysian Customs...

Highlights of Budget 2014 – Real Property Gains Tax (“RPGT”)

RPGT is a tax imposed on gains from disposal of all types of properties such...

Highlights of Budget 2014 – Corporate Income Tax

In Malaysia, a corporate covers the following entities:- Company, both private and public Trust body...

Highlights of Budget 2014 – Individual Income Tax

Effective Year of Assessment 2015 (meaning from 1 January 2015 onwards), the tax rates for...

GST Requirements & Penalties in Malaysia

Previously, we discussed What is GST in Malaysia. Click on the bolded link to read. Registration...

Goods and Service Tax (GST) in Malaysia

GST has been a taboo word in Malaysia for the past few years as there...

Introduction to Withholding Tax

Introduction to Withholding Tax As the name goes, Withholding tax means an amount, representing the...

Malaysia’s Budget 2011

Following KLM’s extremely popular article, Malaysia’s Budget 2010, we’re bringing you new highlights of Malaysia’s...

Goods & Services Tax (GST) in Malaysia, 2010

Goods and Services Tax in Malaysia At the end of 2009, Malaysia’s prime minister Datuk...