Month: March 2021

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Commercial Renovation Tax Exemption

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Started from 15.12.2021, Malaysia government launch Commercial Renovation and Refurbishment Tax Exemption for public. Commercial renovation and refurbishment between 01.03.2020 to 31.12.2021 can be tax exemption up to RM300,000! (Basically Renovation belongs to capital expenditure which are not allowed to tax reduction): 1. General electrical installation 2. Lighting 3. Gas system 4. Water system 5. [...]
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Stamp Duty & RPGT Exemption

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Under Penjana, Stamp Duty & RPGT will be exempted when a residential property is transferred. What is the requirements to have this exemption? Stamp Duty 1. What can be exempted? Under the HOC, the stamp duty on Loan Agreement & Purchase of Residential Property can be waived. 2. How much can be exempted? Loan Agreement: [...]