Malaysia | Updates on Income Tax - May 2021

The Income Tax (Deduction for Training Costs under the Professional Training and Education for Growing Enterpreneurs (PROTÉGÉ-Ready to Work (RTW)) Programme) Rules 2021 have been gazetted on 11 May 2021 and are deemed to have come into operation on 11 September 2019.

The following technical guidelines, which are only available in the Malay language, have been published on 28 April 2021 on the Inland Revenue Board of Malaysia’s official website:

1. Garis Panduan Permohonan Untuk Kelulusan Ketua Pengarah Hasil Dalam Negeri Malaysia Di Bawah Subseksyen 44(6) Akta Cukai Pendapatan 1967 Bagi Tabung Pembelian Sekolah Agama;
2. Garis Panduan Permohonan Untuk Kelulusan Ketua Pengarah Hasil Dalam Negeri Malaysia Di Bawah Subseksyen 44(6) Akta Cukai Pendapatan 1967 Bagi Tabung Pembinaan Sekolah;
3. Garis Panduan Permohonan Untuk Kelulusan Ketua Pengarah Hasil Dalam Negeri Malaysia Di Bawah Subseksyen 44(6) Akta Cukai Pendapatan 1967 Bagi Tabung Sumbangan Wang Awam Sekolah.

A practice note on Layanan Cukai Ke Atas Cukai Muktamad (Practice Note No. 1/2021) (available in Malay language only) has also recently been published on 3 May 2021 on the Inland Revenue Board of Malaysia’s official website.