News
#Belanjawan2027: Tax On Wealthy Individuals Earning Over RM1 Million A Year Increased To 30%
Meanwhile, tax rates for two income brackets will be reduced by one percentage point each.
Result for #incometax
Gomen
Govt Says No Plans For 2% Wealth Tax On Rich Malaysians, Cites Limited Benefits
The Finance Ministry said a wealth tax would require careful study, but stressed that it remains committed to making Malaysia's tax system fairer and more progressive.
Lifestyle
Haven't Settled Taxes? Here Are Payment & Instalment Options For Individuals Or Businesses
It's really not that complicated.
News
Are You A Salaried Employee With Side Income? LHDN Wants You To Pay Your Tax Bimonthly
It's not a new tax, but the Inland Revenue Board (LHDN) now requires more Malaysians with side income to pay their taxes through the CP500 instalment system.
Lifestyle
LHDN Allows You To Claim Certain Overseas Purchases As Income Tax Relief. Here's How
As long as the item falls under an eligible tax relief category and you keep the receipts, LHDN generally does not require the purchase to be made in Malaysia.
News
LHDN Wants Malaysians To Request E-Invoices For These Purchases. Here's The Full List
LHDN says taxpayers are encouraged to request e-invoices for purchases tied to tax relief claims aimed at building a future pre-filled income tax return system.
Lifestyle
Here's The Ultimate Step-By-Step Guide To Filing Your Taxes For Beginners In 2026
The last day to file your income tax via e-Filing is 15 May 2026.
News
Did You Accidentally Tick 'Yes' For 'Tax Borne By Employer'? LHDN Says No Need To Amend Your Form
LHDN said this may have delayed excess tax refunds for some taxpayers.
Crime
LHDN Shares How It Identified 14,858 Malaysians Hiding RM10 Billion In Offshore Accounts
The Inland Revenue Board said the findings came from large-scale data sharing with more than 100 countries, as part of a global push to clamp down on cross-border tax evasion.
Lifestyle
Free Gifts, Views, Reviews: Here's Everything Taxable Under LHDN's Influencer Guidelines
Any payment or benefit tied to your social media activities must be declared, whether it's cash or in kind.
