Employee Management in Malaysia

Employee Management in Malaysia

Employee management in Malaysia is governed by a well-structured legal framework designed to protect both employers and employees. Understanding these regulations is crucial for maintaining compliance and fostering a positive work environment. This article will cover key aspects of employee management in Malaysia, including employee status, relevant laws, hiring foreign employees, minimum wage, employment rights, and termination rules. 1. What […]

Understanding Public Holidays and Replacement Leave in Malaysia

Understanding Public Holidays and Replacement Leave in Malaysia

Public holidays in Malaysia are governed by the Employment Act 1955 and the Holidays Act 1951. The Employment Act outlines mandatory public holidays that employers must observe, while the Holidays Act provides the framework for the declaration of additional holidays by the federal and state governments. In 2024, a unique situation arises where two public holidays, Hari Malaysia and Maulidur […]

Personal Tax Relief for YA 2023 in Malaysia: An Employee’s Guide

Personal Tax Relief for YA 2023 in Malaysia: An Employee’s Guide

As we move into the Year of Assessment (YA) 2023, understanding Malaysia’s personal tax relief measures becomes crucial for employees aiming to optimize their tax filings and reduce their tax burden. The Malaysian government has introduced various tax relief measures to support individuals and families, incentivize savings, and promote specific economic activities. This guide provides a detailed overview of the […]

How to Submit Form E (CP8D) via e-Filing?

How to Submit Form E (CP8D) via e-Filing?

Form E (also known as CP8D ) is a form to be filled and submitted to Inland Revenue Board of Malaysia (IBRM) or Lembaga Hasil Dalam Negeri (LHDN) by an employer on a yearly basis.  Submission can be done online through LHDN MyTax Portal (e-Filing) before 31st March every year. Sometimes, there is a month grace period until the end of April. […]

Maternity Leave Malaysia: An Employer’s Guide

Maternity Leave Malaysia: An Employer’s Guide

In the tapestry of life’s most exceptional moments, the arrival of a new family member stands unparalleled—a period filled with anticipation, joy, and a fair share of challenges. Within the framework of maternity leave in Malaysia, ‘confinement’ denotes the post-childbirth phase during which a mother is allowed time away from work to recuperate and attend to her and her newborn’s […]

Navigating Form EA and Form E

Navigating Form EA and Form E

In Malaysia, the onset of a new year brings not just personal resolutions but also the critical task of preparing for the tax season—a period demanding diligent calculations and submissions for business owners, HR professionals, and employees. At the heart of this period are two pivotal documents: Form EA and Form E. These are not merely administrative requirements but foundational […]

Tax Treatment on Company Trip: Detailed Insights

Tax Treatment on Company Trip: Detailed Insights

In this comprehensive guide, we’ll delve deeper into the tax implications for company-sponsored trips, focusing on the nuances that affect both employers and employees. Notably, we address the specifics of leave passage benefits and how they are treated under Malaysian tax laws. Understanding Leave Passage Benefits Leave passage benefits are an important aspect of company-sponsored trips, with specific tax treatments […]

Guide to TP3 Form 2024 in Malaysia

Guide to TP3 Form 2024 in Malaysia

Introduction The Malaysia Inland Revenue Board (LHDN) mandates all newly hired employees to report their income from previous employments within the same tax year through the TP3 Form. This essential process is vital for the accurate calculation of Monthly Tax Deduction (MTD) or Potongan Cukai Bulanan (PCB) amounts within the payroll system. This guide is designed to offer detailed insights […]

How a Payroll System Works

How a Payroll System Works

In Malaysia, payroll software plays an important role in streamlining and automating the intricate process of salary management for businesses of all sizes.  As a dynamic and progressive economy, Malaysia demands efficient payroll solutions to adhere to the country’s evolving tax regulations and employment laws.  Payroll software in Malaysia not only facilitates precise salary calculations but also ensures compliance with […]

Guide to Unpaid Leave Calculation in Malaysia

Guide to Unpaid Leave Calculation in Malaysia

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 […]

Language »
×

Hello!

Click one of our representatives below to chat on WhatsApp.

× How can I help you?