Latest News & Blogs

Sirinjivi Venkat

6 days ago4 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.

GSK & Associates

May 282 min read

Important Update for Employers - Starting from the year 2024.

Changes to tax form submissions starting from 1 January 2024.

GSK & Associates

Mar 11 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

Oct 9, 20232 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

Sep 22, 20236 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

Aug 21, 20234 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 12, 20232 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

Jul 2, 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

Mar 12, 20232 min read

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.