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KUALA LUMPUR, Jan 28 (Bernama) -- The Inland Revenue Board (IRB) has devised a more fair and equitable strategy to ensure that the refund allocations provided by the government can be distributed in an orderly manner, the Finance Ministry said.
KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously.
KUALA LUMPUR, Jan 14 (Bernama) -- Countries across the globe, including Malaysia, await the US Supreme Court ruling later today on the reciprocal tariff imposed by President Donald Trump.
KUALA LUMPUR, Jan 6 (Bernama) -- The policy framework proposed by the Ministry of Entrepreneur Development and Cooperatives (KUSKOP) can address the structural and operational challenges faced by micro, small and medium enterprises (MSMEs), according to the Malaysian Employers Federation (MEF).
KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.
KUALA LUMPUR, Jan 1 (Bernama) -- Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout today, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and medium enterprises (SMEs).
KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system.
KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Dec 8 (Bernama) -- The e-invoicing exemption threshold, which has been raised from RM500,000 to RM1 million, will provide businesses greater clarity to plan while easing immediate compliance-related burdens, said the Federation of Malaysian Manufacturing (FMM, formerly known as Federation of Malaysian Manufacturers).
KUALA LUMPUR, Dec 7 (Bernama) -- The government’s decision to raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning 2026 would ease the compliance costs and administrative burden for micro, small and medium enterprises (MSMEs).
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.
