Malaysia | Income tax

The following Rules have recently been gazetted:

• Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules 2021 — gazetted on 4 October 2021 and deemed to have effect from year of assessment 2020; and
• Income Tax (Deduction for Training Costs Under National Dual Training System (NDTS)) Rules 2021 — gazetted on 11 October 2021 and deemed to have effect from year of assessment 2019.

The following public ruling has recently been published on the Inland Revenue Board’s official website:

• Taxation of a Resident Individual Part I — Gifts or Contributions and Allowable Deductions (Public Ruling No. 5/2021) – issued on 30 September 2021 to replace Public Ruling No. 8/2020 dated 9 October 2020.