Increased Tax Retention for Foreign Sellers

Increased Tax Retention for Foreign Sellers

With effect from 1 January 2018, section 21B of the Real Property Gains Tax Act 1976 has been amended in respect of ‘foreign sellers’. A ‘foreign seller’ is an individual who neither (i) a Malaysian citizen nor (ii) a permanent resident of Malaysia. When purchasing...
Introduction to Wills in Malaysia

Introduction to Wills in Malaysia

Many have heard the significance of a will but some may be intimidated by the complexity of a will or be uncomfortable with the thoughts of mortality. However, the making of a will does not have to be a daunting experience. With the proper assistance, the outcome of...
How to make EIS payments?

How to make EIS payments?

The Employment Insurance System Act 2017 came into effect on 1 January 2018.  Under this new legislation, an employment insurance scheme (“EIS”) will be implemented whereby employers and employees have to contribute to the EIS. The EIS will be administered by Social...
Background Checks on Employees

Background Checks on Employees

Tales of errant employees are not unheard of. We are dealing with people after all; it is a fact of life to be faced with a diversity of characters and personalities, both good and bad. In ordinary interactions, individuals can just walk away and avoid dealing with...