- BP Associates
Tax Digest 1/2021 - Tax Deduction on Cost of Renovation & Refurbishment
Published 4th January 2021.
Please refer to the PDF article attached below for further information.
The Company (“payer”) is required to deduct the 2% tax from payments to its agents, dealers and distributors on an accumulated basis by month. The above-mentioned 2% tax deduction amount is require
We wish to bring to your attention that IRB has granted for deferment of monthly instalments that benefits SME Companies and Individuals with business income as long the Company fulfils the below two
IRB has introduced new e-TT system where a unique account number (i.e. Virtual Account Number) will be generated as a payment identification for each taxpayer • ·This will enable IRB to trace the fu