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Sep 12, 20242 min read
Key Updates: LHDN and Employment Matters
We would like to highlight some key updates regarding tax and employment matters: 1. Notifications of New Employee (CP22) Effective 1...
Jun 3, 20221 min read
Employees Share Schemes for Private Companies
Employees Share Scheme (ESS) or Employee Share Option Plan (ESOP) provides employees with an ownership interest in the company. Benefits...
Apr 23, 20212 min read
HRDF Levy Extended to New Industries
With the amendment to The Pembangunan Sumber Manusia Berhad Act 2001 (“PSMB Act”), Human Resources Development Fund (HRDF) Levy would be...
Nov 21, 20188 min read
Benefits in Kind (BIK)
Generally, non-cash benefits (e.g. accommodation or motorcars) provided by employers to their employees are treated as income of the...
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