Taxation With Sarah

A very common concept in accounting is the separation of capital expenses and revenue expenses. Capital expenses are things such as the...

When we think of employment income, our minds often jump straight to our annual salary. But in the eyes of the Inland Revenue Board of...

Individual income tax in Malaysia is payable annually, typically between the months of March to April or May to June, depending on...

Are you a business owner with your fiscal year ending on December 31st? If so, you're in for some important news. It's time for your...

Planning a vacation is always exciting, but did you know that there are tax implications associated with the leave passage benefits...

When it comes to investments to build wealth in Malaysia, no other method is as popular as property investing, be it residential or...

When it comes to investments to build wealth in Malaysia, no other method is as popular as property investing, be it residential or...

It is now past the submission deadline for your personal income tax return BE form. If you have submitted duly, you have done your part...

Raising a child ain’t cheap and that’s a fact that many parents are forced to live with. Children can have many needs & wants which can...

Children are their parents’ greatest pride, but usually also their greatest resource sink, as childcare has never been more expensive....

Did you know that in 2014, over 65,000 employers were found to violate the law by failing to file Form E? Employers should be better at...

You must be aware of the responsibilities that come along with earning your own income as an employee in Malaysia. Paying your tax is one...

We can all agree that COVID-19 has wreaked havoc on businesses and the global, economy, making 2020 and 2021 extremely difficult....

The Income Tax Act of 1957 (ITA) was changed on 9th February 2012 by the Finance Act of 2012, which reduced Section 54A’s 100% income tax...

The 2012-established Malaysia Transfer Pricing Guidelines define "transfer pricing" as "intercompany pricing arrangements for the...

An income statement called CP58 displays all earnings in the form of cash and non-cash benefits. Allowances and bonuses are two instances...

The Inland Revenue Board of Malaysia (IRBM) recently issued Public Ruling No. 4/2022 (dated 20 October 2022) to replace Public Ruling No....

Transfer between Husband and Wife On any instrument of property transfer executed by a husband and wife, the full imposition of stamp...

The Chartered Tax Institute of Malaysia (CITM) proposal to make submitting withholding tax (WHT) forms and paying WHT of Small Value for...

Malaysia has consented to take part in enacting the 15% Global minimum corporate tax beginning in 2023. Large multinational enterprises...