3d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.
4d ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.
5d ago
By Zufazlin Baharuddin
PETALING JAYA, Oct 2 (Bernama) -- Greater tax certainty for companies and stronger support for small- and medium-cap companies are among the measures that could provide further impetus to Malaysia’s capital market under Budget 2027.
5d ago
LABUAN, Oct 2 (Bernama) -- The Small and Medium Enterprises (SME) Association of Labuan has called for the service tax exemption under Section 48 of the Service Tax Act 2018 to be applied to services performed entirely in Labuan under Budget 2027.
5d ago
KUALA LUMPUR, Oct 2 (Bernama) -- Tenaga Nasional Bhd’s (TNB) customers who use up to 800 kilowatt-hours (kWh) of electricity per month will receive a pro-rata credit for the September bill adjustment, which will be credited directly to their October 2026 electricity bills.
5d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 2 (Bernama) – The government should provide incentives in the form of credits and tax exemptions for artificial intelligence-related companies undertaking research and development, and support data centre expansion to lure more AI technology investments to Malaysia.
5d ago
By K. Naveen Prabu
KUALA LUMPUR, Oct 2 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has called on the government to provide tax relief for critical coverage such as business interruption insurance to improve the affordability and accessibility of insurance protection.
6d ago
PUTRAJAYA, Oct 1 (Bernama) -- More than 268,000 taxpayers have submitted 1.99 billion e-invoices as at Oct 1, the Inland Revenue Board (LHDN) said.
7d ago
By Niam Seet Wei
KUALA LUMPUR, Sept 30 (Bernama) -- A targeted input tax credit mechanism for business-to-business transactions should be considered if selected goods and services tax (GST) features are incorporated into the sales and service tax (SST) framework, said KPMG Malaysia.
7d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 30 (Bernama) -- The government should extend targeted stamp duty exemptions for small-ticket loans disbursed by digital banks to reduce borrowing costs for small businesses and lower-income borrowers in Budget 2027.
8d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.
8d ago
By Niam Seet Wei
KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business.