Starting 2025, Malaysia will implement a Global Minimum Tax (GMT) that could impact how multinational companies operate and pay taxes. Learn how your business might be affected and how to prepare.

Easily calculate employee monthly and yearly salaries in Malaysia with our FREE salary calculator template. Includes EPF, SOCSO, PCB deductions & employer contributions.

In Malaysia, a salary schedule (jadual gaji) outlines when employees are paid—weekly, bi-weekly, or monthly—depending on the company’s policy and the Employment Act 1955.

A monthly salary report is an essential document used by employers to track employee earnings, statutory deductions (like EPF, SOCSO, PCB), overtime, bonuses, and net pay.

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

CP38 is an additional tax deduction order issued by LHDN Malaysia, requiring employers to deduct extra income tax from an employee’s salary beyond the standard PCB (Potongan Cukai Bulanan).

The CP8D form is a mandatory report submitted by Malaysian employers to the Inland Revenue Board (LHDN). It details employee income and tax-related information for accurate tax filing. Employers must submit CP8D annually alongside Form E, typically by March 31.

In Malaysia, TP1, TP2, and TP3 forms are essential for managing Monthly Tax Deductions (MTD/PCB). TP1 allows employees to claim tax reliefs, TP2 is for additional deductions, and TP3 is used when changing employers to ensure proper tax calculation.

Child Relief in Malaysia is a tax deduction granted to parents to ease the financial burden of raising children. Eligible taxpayers can claim relief for dependent children, including those studying or with disabilities.

Discover tax-exempt allowances, perquisites, gifts, and benefits in Malaysia for 2025. Learn what’s exempted, limits, and employer obligations to maximize tax savings.