February 2021

• Form Update on Monthly Tax Deduction (MTD) 2021 according to Budget 2021

JANUARY 2021

• Extending the Special Tax Relief on the Purchase of Mobile Phones, Computers and Tablets
• Wage Subsidy Programme 3.0
• Change in the income tax rate 2021
• 2021 New Version CP21, CP22, CP22A form
• Deferment of PTPTN Loan Repayment Extended for Three (3) Months
• Return Form (RF) Filing Programme For The Year 2021
• Mandatory Contribution Payment Date For 2021

DECEMBER 2020

• i-Sinar: EPF Allows Account 1 Withdrawal Up To RM60,000.
• Statutory Rate for Employee’s Share Of Contribution To Be Reduced To Nine (9) Percent for 2021 (Third Schedule)
• i-SINAR open to all EPF members whose income is affected by COVID-19
• IRBM to Stop Accepting Tax Payments by Cheques Delivered Via Mail Or Courier Services Starting 1 January 2021
• Statutory Rate for Employee’s Share of Contribution to Be Reduced To Nine (9) Percent for 2021

NOVEMBER 2020

• i-Sinar: EPF Allows Account 1 Withdrawal Up To RM60,000
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- Change in Tax.
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- Hiring Incentive
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- Wage Subsidy
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- HRDF
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- Change in Social Contribution
• Highlights of the Malaysia 2021 Budget and Supply Bill (Budget) 2021- Change in EPF
• SOCSO: MYFUTUREJOBS Recommendation for Foreign Workers and Expatriate Application

OCTOBER 2020

• SOSCO Prihatin Screening Programme (PSP PERKESO) extended to contributors in states under CMCO.
• Temporarily Closed for SOSCO Counter during CMCO Period
• Notice Of Change Of LHDN Counter Operation Hours During Conditional Movement Control Order (CMCO)
• Determination of Monthly Tax Deductions (MTD) for Employees with Foreign Nationalities
• New Public Ruling on Taxation Of A Resident Individual Part I – Gifts Or Contributions And Allowable Deductions
• SOSCO Prihatin Screening (PSP PERKESO) made available to SOSCO Insured Persons in Sabah, Selangor, Wilayah Persekutuan Kuala Lumpur dan Putrajaya
• SOSCO- Postponed of All Interview Matters Scheduled from 14 October 2020
• Public Ruling No. 7/2020 (Appeal Against assessment And Application for Relief) was released by LHDN
• Postponed of PTPTN Loan Repayment due to Covid-19

SEPTEMBER 2020

• FAQ regarding BPN 2.0 and GKP 2.0 under Kita Prihatin Economic Stimulus Package
• Kita Prihatin Economic Stimulus Package
• SOSCO Prihatin Screening (PSP PERKESO) made available to SOSCO Insured Persons in Kedah
• Public Holidays in Malaysia for the Year 2021
• 2020 New Version CP22 Form
• EPF: Extension of September – December 2020 Contribution Payment Date

AUGUST 2020

• No Statutory Updates

JULY 2020

• Notice on PERJANAKERJAYA Hiring Incentive

JUNE 2020

• Flexible Work Arrangement Incentives
• Income tax relief for parents on childcare services expenses
• Hiring and Training Assistance for Businesses
• Wage Subsidy Programme (WSP)

MAY 2020

• Enhancement for terms and condition for Financial Assistance under Human Resource Development Fund
• Extension of EPF Contribution Payment Date

APRIL 2020

• Prihatin Rakyat Economic Stimulus Package
• Employment Retention Programme (ERP) for employees who received unpaid leave notice
• EPF contribution rate table
• HRDF payment is exempted for 6 months
• Foreign worker levy payment
• Employer Advisory Services (EAS)
• Wage Subsidy Programme
• Extension of Movement Control order (MCO)
• Employees Provident Fund (EPF) Contribution Payment Date Further Extended
• Extension deadlines for Monthly Tax Deduction (MTD) payment
• Changes to Calculation method of Monthly Tax Deduction (MTD) according to Budget 2020 and Form Update
• Wage Subsidy Programme (updated)
• SOCSO Protection for Foreign Workers
• Extension deadlines for SOCSO and EIS
• Employer COVID-19 Assistance Programme (e-CAP)

MARCH 2020

• Employees EPF contribution rate has been reduced to 7%
• Yang di-Pertuan Agong’s Birthday has been changed to 8th June 2020
• Financial assistances for employees in Malaysia
• Restrictive Movement Order has been implemented in Malaysia
• EPF contribution form KWSP 17A (Khas)
• Time extension for IRBM payment and tax form submissions
• SOCSO office will be open
• PM announced that these initiatives will be introduced to help Malaysians during these hard times
• PM has announced that the Movement Restrictive Order will be extended

FEBRUARY 2020

• No Statutory Updates

JANUARY 2020

• Change in the income tax rate 2020
• Change in the minimum wage 2020