Malaysia’s Sales and Service Tax (SST) system is made up of two distinct parts. We have often discussed Service Tax, which applies to services. Today, let’s focus on the other half: Sales Tax. A common misconception is that this tax is applied at every stage of a product’s journey. However, the reality is much simpler. […]
A Business Owner’s Guide to Tax-Deductible Expenses in Malaysia
For every business owner in Malaysia, one of the most critical aspects of managing company finances is understanding what you can—and cannot—claim as a tax-deductible expense. Correctly identifying allowable expenses can significantly reduce your company’s taxable income, leading to lower tax payments. However, the rules can be confusing. To provide clarity, this guide, based on […]