Malaysia | Updates on Income & Service Tax - October 2020

Income Tax

The Income Tax (Prescribed Fees under Schedule 5 to the Act) Rules 2020 have been gazetted on 22 September 2020 and have come into operation on 25 September 2020.

The following public rulings and guidelines have recently been published on the Inland Revenue Board of Malaysia’s official website:

  • Appeal Against an Assessment and Application for Relief (Public Ruling No. 7/2020) issued on 7 October 2020 to replace Public Ruling No. 12/2017 dated 29 December 2017;
  • Taxation of a Resident Individual Part I — Gifts or Contributions and Allowable Deductions (Public Ruling No. 8/2020) issued on 9 October 2020;
  • Garis Panduan Potongan bagi Perbelanjaan berhubung dengan Yuran Kesetiausahaan dan Yuran Pemfailan Cukai mulai Tahun Taksiran 2020 (available in Malay language only) — issued on 18 September 2020;
  • Garis Panduan Permohonan untuk Kelulusan Ketua Pengarah Hasil Dalam Negeri di bawah Subseksyen 44(11D) Akta Cukai Pendapatan 1967 bagi Endowmen (available in Malay language only) — issued on 6 October 2020; and
  • Garis Panduan Permohonan untuk Kelulusan Ketua Pengarah Hasil Dalam Negeri di bawah Subseksyen 44(11D) Akta Cukai Pendapatan 1967 bagi Wakaf (available in Malay language only) — issued on 8 October 2020.

Service Tax

The following guides have recently been recently been published on the Royal Malaysian Customs Department’s MySST website:

  • Panduan Perkhidmatan Pengurusan (as at 1 October 2020) — available in the Malay language only, to replace the earlier version dated 25 August 2018;
  • Guide on Professional Services (as at 6 October 2020);
  • Panduan Perkhidmatan Pengurusan Penggudangan (as at 6 October 2020) — available in the Malay language only;
  • Panduan Umum Cukai Perkhidmatan (versi 2) (as at 6 October 2020) — available in the Malay language only, to replace the earlier version dated 7 September 2018;
  • Panduan Perkhidmatan Kelab (Kumpulan C, D & E) (as at 13 October 2020) — available in the Malay language only, to replace the earlier version dated 23 August 2018; and
  • Guide on Accommodation (version 2) (as at 13 October 2020) — to replace the earlier version dated 7 September 2018.