Transitional Rules For The Change Of Service Tax Rate To 8%

We are pleased to share with you the Budget 2025 prepared by our firm, which provides detailed insights into the latest updates announced by the

In our March 2024 issue, we cover the Guide on the Transition of Service Tax Rate Change from 6% to 8%.

Announcing the release of Budget 2024, a comprehensive guide that outlines the strategic approach to tax management for this year. This budget has been thoughtfully prepared to ensure compliance with the latest tax regulations.

In Malaysia, companies with a gross income of less than RM50 million per year are considered small and medium enterprises (SMEs). For these companies, determining gross income is an important step in calculating taxes and other financial obligations.

Sustainability reporting reveals a company’s ESG performance, going beyond finances to cover environmental impact, social initiatives, and governance. These reports, often mandatory now, help manage risks, ensure compliance, and foster ethical business practices.

Discover Malaysia’s robust regulations on cross-border transactions. From compliance essentials to best practices, this guide sheds light on mastering transfer pricing for thriving in the global marketplace.