Understanding Unpaid Leave Unpaid leave is when an employee takes time off work without pay. It’s usually taken for reasons not covered under regular paid leave entitlements, such as personal matters or extended holidays. Company Policy Each organization may have its own set of rules regarding unpaid leave, which should be reviewed for specific details. Application Process Employees typically need […]
When it comes to human resource management, the differences between Human Resources Information System (HRIS) and Human Resources Management System (HRMS) are often blurred. This is particularly relevant in the context of Malaysia, where businesses are increasingly leveraging advanced HR technologies to optimize their workforce management. In this article, we will explore the nuances of HRIS and HRMS in the […]
Stepping into 2024, small businesses in Malaysia anticipate a fresh start and new opportunities. In this article, we uncover the key dates crucial for the compliance and success of these businesses throughout the year. From tax return deadlines and essential filing requirements to important consumer spending seasons and school holidays affecting business demands, understanding and marking these dates early on […]
Starting from January 1st, 2024, it will be the responsibility of all employers to report new employees within 30 days from their date of employment through the e-CP22 system on MyTax. It’s worth noting that for the submission of CP22 through MyTax, only the company director (with Employer Role in MyTax) has the authority to make the submission. Alternatively, the […]
In the ever-changing business landscape of Malaysia, the importance of precise and efficient payroll is of utmost importance for both small startups and large corporations. Managing payroll is not just about paying employees; it involves ensuring compliance with local labour laws, calculating taxes accurately, and maintaining comprehensive records. This is where a reliable payroll system can truly make a significant […]
Introduction The Malaysia Inland Revenue Board (LHDN) mandates all newly hired employees to declare their previous employment income from the current year to their new employer. This process is facilitated through the TP3 Form, ensuring precise calculation of PCB/MTD amounts in the payroll system. This guide provides comprehensive information on how to utilize the TP3 Form for the year 2023. […]
Form CP22 is a prescribed notification form in Malaysia, used by employers to report new employees who are or are likely to be chargeable to tax to the Inland Revenue Board of Malaysia (IRBM) or LHDN. Employers are mandated to submit this form within 30 days from the commencement of employment, detailing particulars of the employer, the new employee, and […]
In Malaysia, employees are entitled to a range of leave policies designed to support their well-being and work-life balance. These policies address various needs and circumstances that may arise during an employee’s tenure. In this post, we will provide a detailed overview of the various types of leave in Malaysia, distinguishing between mandatory and optional categories. By gaining this insight, […]
How many Public Holidays do we have in Malaysia? National Level Public Holiday In Malaysia, we have two types of public holidays, those at national and state levels. National holidays are the below mentioned public holidays, normally observed by most governmental and private organizations: State Level Public Holiday State holidays are normally observed by certain states in Malaysia or when […]
Minister of Human Resources, V Sivakumar, has urged employers in Malaysia to ensure that the payment of wages to all their employees whether local or foreign must be paid through bank accounts. This directive aligns with the guidelines outlined in Section 25 and 25(A) of the Employment Act 1955 [Act 265]. Cash or cheque payments of wages are permissible only […]