Cover image for What is Sistem Insurans Pekerjaan (SIP)? A Complete Guide

What is Sistem Insurans Pekerjaan (SIP)? A Complete Guide

Sistem Insurans Pekerjaan (SIP), or the Employment Insurance System (EIS), is a social security scheme in Malaysia managed by PERKESO. It provides financial aid and job search assistance to employees who have lost their jobs due to retrenchment, redundancy, or insolvency.

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8K views · Mar 25, 2025
Cover image for What is Capital Allowance in Malaysia?

What is Capital Allowance in Malaysia?

Capital allowance in Malaysia is a tax deduction granted to businesses for the depreciation of qualifying fixed assets, such as machinery, equipment, and vehicles.

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16K views · Mar 24, 2025
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