In February 2026, HASiL reported 38,906 taxpayers had voluntarily declared RM3.5 billion in previously unreported income following e-Invoice data-matching. By 20 June 2026, that number had climbed to 52,540 taxpayers declaring RM4.07 billion — with RM1.009 billion in tax recovered. In four months, voluntary disclosures...
Finance Act 2025 restructures CP204 instalments — 11 only for YA 2027, then 12 starting from Month 1 for YA 2028. Here is the cash flow and planning impact for Malaysian companies....
LHDN can now build a means test case from individual transactions above RM10,000 recorded in MyInvois. Company directors with spending above declared income face a direct compliance risk. Here is what to review....
A company dormant since 2019 with no Form C ever filed can still receive a CP270 penalty notice for more than RM10,000. LHDN does not automatically know your company is dormant — silence is treated as non-compliance. Here is what you must do, and in...
HASiL has flagged over 500,000 potential cases where financial activity does not match tax records. Here are 5 patterns in your e-Invoice data that can trigger an LHDN review — and what KS Chia recommends checking now....
Malaysia's new 2% dividend tax applies to dividend income above RM100,000 for YA 2025. Here is how the Form B computation works, who is affected, and what exemptions apply....
Understanding Income Tax in Malaysia: A Straightforward Guide Navigating taxes can feel complex, but understanding your income tax obligations in Malaysia is essential for both businesses and individuals. It's not just about complying with the law; it's also about smart financial planning. This guide will help...