13 Aug 5 Areas We Would Review Before Submitting MITRS
Before submitting MITRS, check five critical areas where inconsistencies commonly appear across financial statements, tax computations, capital allowance schedules, and incentive claims....
LHDN Tag
06 Aug MITRS Doesn’t Create New Tax Risks — It Makes Existing Ones Easier to See
MITRS doesn't change Malaysian tax laws—it changes how visible your supporting documents are to LHDN. Here is why SME directors need to shift focus from "Can we claim this?" to "Can we defend this?"...
30 Jul MITRS and Tax Risk: What Your Financial Statements Tell LHDN Before an Audit Begins
Section 82B MITRS submissions give LHDN a complete set of financial statements and tax computations at the point of filing. Learn how consistency checks help prevent audit flags....
22 Jul e-Invoice for New Companies in 2026: Your Implementation Date Depends on Two Questions
A new company incorporated in 2026 does not automatically fall under a single e-Invoice rule. Two questions — shareholding structure and first-year turnover — determine whether you implement immediately, defer to 2028, or remain exempt for now. Here is the decision tree, with official LHDN...
16 Jul 3 e-Invoice Mistakes LHDN Is Flagging — Check Before You Use SVDP
HASiL's June 2026 enforcement data named three specific e-Invoice issuance patterns it is actively catching: inconsistent issuance across sales channels, format errors that survive MyInvois validation, and consolidated e-Invoices submitted after the 7-day window. Here's what each one looks like in a real SME's workflow...
09 Jul e-Invoice SVDP 2026: Correct Your e-Invoice Gaps Without Penalty
LHDN's e-Invoice Special Voluntary Disclosure Programme (SVDP) opened 7 July 2026. Businesses with missed submissions, format errors, or late consolidated e-Invoices can correct those records without penalty until 31 December 2027 — but good faith conditions, exclusions, and an income tax gap risk all apply...
25 Jun CP204 Mid-Year Revision Deadline 2026: What December Year-End Companies Must Know
If your company's financial year ends 31 December, the statutory window to revise your YA 2026 CP204 tax estimate via Form CP204A closes on 30/06/2026. This deadline applies in Malaysia under Section 107C(7) of the Income Tax Act 1967, and it matters whether your actual...
22 Jun Late Audited Accounts 2026: MBRS-XBRL, MITRS and SSM EOT Risk Explained
The audit itself is rarely the bottleneck — it's when the records reach the auditor. One late delivery now risks three deadlines: SSM's MBRS-XBRL lodgement, LHDN's MITRS submission, and the extension-of-time process if you fall behind....
20 Jun e-Invoice Tax Disclosures 2026: Why Voluntary Declarations Are Climbing
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...
18 Jun CP204 Instalment Changes Malaysia — YA 2027 Transitional Rule and YA 2028 New Schedule Under Finance Act 2025
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....
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