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Tax Matters – Retail investors in shares, are your gains taxable?

RETAIL investors made big waves on Bursa Malaysia in 2020 and at different times of the year; their participation went up as much as 43% of the daily trading volume. With the rise in the local stock exchange, retail investors made substantial gains last year. Retail...

Investors beware – ignore tax perk conditions at your own peril

MALAYSIA spends significant resources in attracting foreign direct investments (FDI) to locate their businesses in Malaysia spearheaded through the Malaysian Investment Development Authority (Mida) under the Ministry of International Trade and Industry (Miti) and...

Failure to register for SST can be costly

REFGISTRATION for Sales and Service Tax (SST) should be a simple affair. Why is this a problem for many businesses? This is not a matter of choice. The law states that any taxable person who provides taxable services or goods above the prescribed threshold should be...