PUTRAJAYA, Feb 28 — Taxpayers can submit the tax return form (RF) for the 2024 Year Remuneration and Year of Assessment via e-filing starting tomorrow, according to the Inland Revenue Board (LHDN).

PUTRAJAYA, Jan 8 — The new monthly tax deduction (PCB) service system, e-PCB Plus, will be introduced to replace the existing e-PCB, e-Data PCB and eCP39 under one platform through the MyTax portal.

By Selangor Journal Team SHAH ALAM, Dec 9 – The recently announced assessment rate hike is needed to maintain the state’s infrastructure and guarantee Selangor residents’ well-being. State executive councillor for tourism and local government Dato’ Ng Suee Lim said maintenance includes...

SHAH ALAM, Oct 19 — Budget 2025, tabled by Prime Minister Datuk Seri Anwar Ibrahim in Parliament yesterday, put forth several tax incentives.

By Selangor Journal Team KUALA LUMPUR, October 18 – The federal government will not impose taxes on essential goods as it looks to streamline the Sales and Services Tax (SST) next year. Prime Minister Datuk Seri Anwar Ibrahim, in his Budget 2025 speech, explained that while the SST will not...

KUALA LUMPUR, Sept 9 — Tenaga Nasional Bhd (TNB), which was recently hit with an additional tax bill of RM1.39 billion from the Inland Revenue Board, was instructed by the High Court today to attend the hearing for the leave application for the judicial review on October 15.

By Sheeda Fathil SUBANG JAYA, July 23 — The Subang Jaya City Council (MBSJ) is looking to collect approximately RM331.03 million in revenue and taxes, compared to RM315.03 million last year Its newly-appointed Mayor Datuk Amirul Azizan Abd Rahim said that as of June, MBSJ had successfully...

KUALA LUMPUR, July 22 — Prime Minister Datuk Seri Anwar Ibrahim wants the Inland Revenue Board (LHDN) to increase efficiency and eliminate corrupt practices that result in tax revenue leakage.

By Siti Rohaizah Zainal SUBANG JAYA, June 21 — Selangor local authorities in Selangor are urged to prepare a report on plans to improve public facilities and service delivery once their new assessment tax rates come into effect in January next year. Subang Jaya assemblyman Michelle Ng Mei Sze...

KUALA LUMPUR, Jan 3 — Malaysian planters’ earnings in 2024 will likely be better than last year, owing to lower unit costs on lower fertiliser expenses and higher productivity, said Maybank Investment Bank (Maybank IB) today.

KUALA LUMPUR, Nov 30 — The Inland Revenue Board of Malaysia (IRB) will conduct continuous engagement sessions with various parties to obtain industry feedback to ensure that the e-invoicing implementation considers every requirement.

JOHOR BAHRU, Aug 2 — The Customs Department is targeting a total of 4,248 new eligible registrants who will make payments for sales, service, and tourism tax this year.

KUALA LUMPUR, Aug 1 — Malaysia’s taxation policies must be guided by two fundamental principles: to tax when it is absolutely necessary, and to not be a burden to taxpayers, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Aug 1 — The Inland Revenue Board (IRB) said it will start using e-invoices in the first half of 2024, in line with the government’s digitalisation agenda.

KUALA LUMPUR, June 2 — Developing a medium-term revenue strategy remains an urgent priority for Malaysia as the country’s tax revenues are the lowest among the Asean-5 and Organisation for Economic Co-operation and Development (OECD) peers and have been declining, said the International Monetary Fund (IMF).

LONDON, June 1 — Online giant Amazon has revealed it paid £781 million (US$971 million or RM4.48 billion) in direct taxes in Britain last year, a jump of more than £130 million from the year before, as it continues its rapid expansion across the nation, reported the German News Agency (dpa).

PUTRAJAYA, Dec 31 — The 'Bill Number' will be used as a mandatory reference for the payment of all types of direct taxes, except for payment of Monthly Tax Deductions (PCB) and Stamp Duty beginning tomorrow (January 1, 2023).

SEREMBAN, Aug 9 — A motion has been tabled in the Negeri Sembilan State Legislative Assembly to freeze any increase in tax, rent, charge and payment rates under the state and local authorities until inflation can be controlled.

KUALA LUMPUR, March 22 — The results of a company audit carried out by the National Audit Department show that there is an increase in taxes and penalties amounting to RM16.35 billion that can be collected by the Inland Revenue Board of Malaysia (IRB).

ALOR GAJAH, Sept 20 — The standardisation of several issues including regulations, licensing and taxes involving the hotel sector and global online accommodation service provider, Airbnb will be finalised by the end of this year.