Following the Government’s recent announcement that PERKESO LINDUNG 24 Jam is now voluntary for Malaysian employees, PERKESO has introduced an online Notice of Release of Liability for employees who choose not to participate in the scheme. Who can opt out?: Malaysian employees: Participation is optional. Foreign employees: Participation remains compulsory. Opt-out deadline: Employees who wish to opt out must submit the Notice of Release of Liability between 13 July 2026 and 31 August 2026. If...

The Inland Revenue Board of Malaysia (IRBM) has introduced the e-Invoice Special Voluntary Disclosure Programme (e-Invoice SVDP), allowing eligible businesses to voluntarily correct historical e-Invoice omissions or errors made after their mandatory e-Invoice implementation date. The programme runs from 7 July 2026 to 31 December 2027. While this provides businesses with an opportunity to regularise past non-compliance, it should not be regarded as an extension of the mandatory e-Invoice...

The Scope of Digital Tax Compliance is Expanding What is MITRS? MITRS (Malaysian Income Tax Reporting System) is LHDN’s online platform for taxpayers to submit supporting tax documents electronically after filing their income tax return. Prior to the implementation of MITRS, taxpayers were only required to submit their Form C (or the relevant income tax return) to LHDN. Supporting documents such as the financial statements, income tax computation, capital allowance schedules and tax...