AdrianYeo Tax KL

🚨 Malaysia Tax & Customs Update 2026

Temporary relief measures and key policy updates have been announced to support businesses facing supply chain disruptions and ongoing compliance changes.

📦 Sales tax & import duty relief for re-imported goods (valid until 31 Dec 2026)
🏥 Service tax now applicable on health screening management services (from 1 May 2026)
🏢 SME support measures including financing guarantees and e-Invoice transition extension until 2027

Businesses are encouraged to review eligibility and ensure proper documentation for compliance.
📲 Need help with tax or Customs matters?
www.adrianyeotaxkl.my

The Royal Malaysian Customs Department (JKDM) has clarified that Health Screening Management Services are now subject to Service Tax effective 1 May 2026.

Businesses under this category must:
✔️ Register for SST before 30 April 2026
✔️ Start charging service tax from 1 May 2026

A retrospective exemption is also granted from 1 Sept 2018 – 30 Apr 2026.

However:
⚠️ Any tax already collected must still be remitted to JKDM
❌ No refund allowed for tax already paid

Businesses involved should review their SST registration, billing systems, and past transactions to ensure compliance.

📲 Need help with tax filing?
WhatsApp: https://wa.me/60103808600
🌐 www.adrianyeotaxkl.my

🏠 First-Time Home Buyer Tax Relief in Malaysia (Summary)

If you’re buying your first home, you may qualify for tax relief on your housing loan interest.

💡 Key points:

● Eligible for Malaysian first-time home buyers
● Property price ≤ RM500,000
● SPA signed between 1 Jan 2022 – 31 Dec 2023
● Relief: up to RM7,000 per year for 3 consecutive years
● Only loan interest is claimable (not principal)
● Must be a residential property with a licensed bank loan
📄 Reminder: Keep your bank interest statements for tax filing.

📲 Need help?
WhatsApp: https://wa.me/60103808600
🌐 www.adrianyeotaxkl.my

Childcare / Kindergarten Fees Tax Relief 👶🎓 | Malaysia Tax Guide

Paying for childcare or kindergarten? You may be eligible for tax relief in Malaysia!

Here’s a simple breakdown:

✅ Who can claim?

● Malaysian taxpayers
● Children aged 6 years old and below
● Child must be a Malaysian citizen
💸 Tax Relief Amount

● Up to RM3,000 per year
📌 Eligible Expenses

● Registered childcare centre (taska) fees
● Registered kindergarten (tadika) fees
📌 Important Notes

● The centre must be registered with the government
● Claimable by either parent (not both)
● Must have official receipts
📄 Reminder:
Always keep your payment receipts for tax filing purposes!

🔗 More info: https://www.hasil.gov.my

📲 Need help with tax filing?
WhatsApp: https://wa.me/60103808600
🌐 www.adrianyeotaxkl.my

💸 Did you know donations in Malaysia can help reduce your tax?

Many taxpayers miss out on this every year!
As long as you donate to an organization approved by Lembaga Hasil Dalam Negeri Malaysia (LHDN) under Section 44(6), your donation may be tax deductible ✅

📌 Key reminders:
✔ Donate only to approved organizations
✔ Keep your official receipt
✔ Deduction limit: Up to 10% of aggregate income

🔍 Check approved organizations here:
🌐 https://www.hasil.gov.my
❌ Donations to individuals or unapproved bodies are NOT claimable

💡 Important:
Remember to keep your official receipt — it’s required for your tax filing!
Not sure how to check or claim your tax relief?
Let a professional help you avoid mistakes and maximize your savings 👇
📲 WhatsApp: https://wa.me/60103808600
🌐 Website: www.adrianyeotaxkl.my

🚗 Taxpayer Alert: Do You Need to Declare Company Car Benefits (BIK)?

If your employer provides you with a company car for personal use, this may be considered a Benefit-In-Kind (BIK) and could be taxable under your employment income.

According to the Inland Revenue Board of Malaysia (LHDN), BIK refers to non-cash benefits provided by employers, such as company cars, which must be reported as part of an employee’s taxable income.

📌 Key things to know:

✔ BIK is a non-cash benefit provided by an employer (e.g., company car).

✔ It can be calculated using Formula Method or Prescribed Value Method (most commonly used).

✔ The value will usually be reported by the employer in EA Form – Section C (Allowances / Perquisites / Benefits-in-Kind).

✔ It is also included in PCB / MTD monthly tax deduction calculations.

✔ When filing your personal tax return (e.g., e-BE Form), the BIK amount will be included under Employment Income → Perquisites / Benefits-in-Kind.

⚠️ Tip: In most cases, employees do not need to calculate this themselves as the employer has already reported it in the EA Form.

📩 Need help with tax filing or understanding your EA Form? Contact us for professional assistance.

📞 WhatsApp:

https://wa.me/60103808600

🌐 Website:

www.adrianyeotaxkl.my

🚨 SOCSO Update 2026: Now Covers Non-Workplace Injuries

The Employees’ Social Security (Amendment) Act 2026 (Act A1788) has been gazetted on 5 March 2026.

📌 Key update:
Employees may now be eligible for SOCSO benefits even for accidents not related to work (subject to conditions).

Other highlights:
✔ SOCSO contributions will also cover non-employment injury protection
✔ New contribution rates will be implemented in phases
✔ Employees with multiple employers must choose one employer for contribution purposes
✔ Certain exclusions apply (e.g., accidents outside Malaysia, criminal acts)

The changes affect employers, HR teams, and payroll compliance under the Social Security Organisation (SOCSO / PERKESO).

📩 Need help with payroll, SOCSO or tax compliance?

📞 WhatsApp
https://wa.me/60103808600

🌐 Website
www.adrianyeotaxkl.my

🚨 Big Changes to KWSP (EPF) in 2026!

Starting 1 January 2026, several updates will be introduced to KWSP (EPF) — including new retirement savings benchmarks, higher investment thresholds, and revised withdrawal guidelines.

📌 One key update:
The basic retirement savings benchmark is set at RM390,000 to help ensure Malaysians have sufficient funds for retirement.

If you are planning for retirement, EPF investment, or long-term financial security, these updates are important to know.

💬 Want to understand how these changes may affect you?

📞 WhatsApp us: https://wa.me/60103808600
🌐 Website: www.adrianyeotaxkl.my

🟢 Good News! Tax Refunds Are Now Being Credited Starting Today!

The Inland Revenue Board of Malaysia (LHDN) has begun crediting tax refunds for YA 2025 in stages starting the second week of March 2026.

If you submitted your tax return via e-Filing, refunds may be processed within 30 working days (manual submissions up to 90 working days). If your details are complete and accurate, you may receive your refund even earlier.

💡 Make sure your bank details with LHDN are updated to avoid delays.

📞 Contact us (WhatsApp): https://wa.me/60103808600
🌐 Website: www.adrianyeotaxkl.my

🇲🇾 Malaysia’s New Incentive Framework (NIF) 2026 is Here

With Budget 2026, the Government has introduced the New Incentive Framework (NIF) — a major reform in how manufacturing tax incentives are granted.

Companies may choose:

🔹 Special Tax Rate (STR)
0%–15% corporate tax rate for up to 15 years

OR

🔹 Investment Tax Allowance (ITA)
Up to 100% capital expenditure allowance

📅 Applications open from 1 March 2026

If you are planning a new manufacturing investment or expansion, early tax planning is critical to maximise your incentive tier.

📞 Contact AdrianYeoTax KL via WhatsApp: https://wa.me/60103808600
🌐 Website: www.adrianyeotaxkl.my