Individual Income Tax in Malaysia: A Guide for 2023

Individual Income Tax in Malaysia: A Guide for 2023

Introduction: The realm of individual income tax can often seem labyrinthine and overwhelming, especially for those grappling with the regulations for the first time. In Malaysia, every income earner, be it a resident or a non-resident, must understand the intricacies of the income tax system to ensure accurate compliance and optimal financial planning. This article aims to serve as a […]

How to Submit CP22 for New Employees via LHDN MyTax Portal

How to Submit CP22 for New Employees via LHDN MyTax Portal

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 […]

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