GSK & AssociatesJul 20, 20224 min readReduced 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 & AssociatesMay 26, 20212 min readLate filing of Income Tax Returns (ITRF) - New Penalty RatesNew penalty rates for Late filing of Income Tax Returns in Malaysia effective from 1 October 2019.
GSK & AssociatesNov 16, 20204 min readChanges 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.
GSK & AssociatesApr 17, 20201 min readTax Filing and Payment Due Dates amid Movement Control Order (MCO) in MalaysiaTax Filing and Payment Due Dates amid MCO in Malaysia from 18 March to 28 April 2020.
GSK & AssociatesJun 9, 20195 min readGuidelines on Submission of Tax Estimate in Malaysia via Form CP204 - includes Budget 2022 updatesGuidelines on Submission of Tax Estimate in Malaysia via Form CP204
GSK & AssociatesApr 14, 20191 min readINCOME TAX DUE DATES FOR ALL RETURN FORMS - YEAR 2019Malaysian income tax return form filing programme for the year 2019, for all income tax return forms, with due dates as per the relevant...
GSK & AssociatesApr 1, 20192 min readTAX PLANNING for INDIVIDUALSWays to reduce Income Tax for Employees and Service Directors and at the same time Employers gets full deductions of expenses. Out of...
GSK & AssociatesMar 31, 20191 min readLHDN - PENALTIES without NOTICEThere are penalties imposed by LHDN without notice or notification, one of it is under Section 107C(9), of the Income Tax Act, 1967....