Commercial Renovation Tax Deduction
Under the government’s subsidiary plan, business premises that incurred renovation & refurbishment will be eligible for a tax deduction up to RM 300,000.
Further Details: Commercial Renovation Tax Exemption
Tax Deduction on Rental Reduction
Declare Bonus or Director Fee in Accrual Basis
Declaration of bonus or director fee 2021 (although payment made in 2022) are eligible for tax deduction.
Flexible Working Arrangement
In order to encourage flexible working arrangements, employers who purchase smartphones, laptops or tablets for their employees are eligible for tax deduction. Besides, employees are tax exempted for these electronic products received from the company.
Purchase of Covid Prevention Equipment
The pandemic prevention equipment purchased by employers to place in offices such as thermometer, Covid Test Kit and PPE prepared for employees is eligible for tax reduction.
Sdn Bhd Annual Fee
Incorporation Tax Deduction
- Parking allowance, petrol allowance, meal allowance, medical benefit, child care benefit, transportation fee for interstate travel, professional membership fee, creativity or productivity reward, long-services award, telecommunication fee, smartphones