Updated: Mar 31, 2021
On 18 January 2021, the Prime Minister has announced some measures to the PERMAI assistance package with the objectives to combat the COVID-19 pandemic and safeguard the welfare of the people and support the business community.
Our Tax Digest 3/ 2021 highlights the key aspects.
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