Sep 112 min readKey Updates: LHDN and Employment MattersWe would like to highlight some key updates regarding tax and employment matters: 1. Notifications of New Employee (CP22) Effective 1...
Jun 2, 20221 min readEmployees Share Schemes for Private CompaniesEmployees Share Scheme (ESS) or Employee Share Option Plan (ESOP) provides employees with an ownership interest in the company. Benefits...
Apr 23, 20212 min readHRDF 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 readBenefits in Kind (BIK)Generally, non-cash benefits (e.g. accommodation or motorcars) provided by employers to their employees are treated as income of the...
