Last updated on May 31st, 2022
Currency | MYR |
Payroll cycle | Monthly |
Employer taxes | 18.95% - 22.45% |
Minimum wage | MYR 1500 per month for private sector companies with 5+ employees |
Working hours | 8 hours a day, maximum of 45 hours a week |
NOVEMBER 2024
Minimum Wages increase from RM1,500 to RM1,700
OCTOBER 2024
Increment of the wage ceiling for monthly contribution from RM 5,000 to RM 6,000 (Employees Social Security and Employment Insurance System)
Notification of Role Registration or Update of Information in ePCB PLUS MODULE PHASE 1
AUGUST 2024
CP22 Guide to Submitting New Employee Information (CP22) In a TXT FILE To be uploaded using E-Filling
JULY 2024
Extension of Invalidity Scheme Coverage to Foreign Workers
MAY 2024
E-PCB Plus System to Replace the Existing E-PCB System
JANUARY 2024
Update of Form EA [Pin.2023]
Format Changes of Form CP8D 2024
New Version of TP1 & TP3 Form and Update on Monthly Tax Deduction (MTD) 2024
DECEMBER 2023
Changes of Income Tax Reliefs – Budget 2024
Changes of Employer Forms Submission Rules – Finance Act (No.2) 2023
NOVEMBER 2023
No Statutory Updates
OCTOBER 2023
No Statutory Updates
SEPTEMBER 2023
No Statutory Updates
AUGUST 2023
No Statutory Updates
JULY 2023
No Statutory Updates
JUNE 2023
Revision of Individual Income Tax Rate 2023
New Version of TP1 & TP3 Form and Update on Monthly Tax Deduction (MTD) 2023 (Ver.2)
MAY 2023
No Statutory Updates
APRIL 2023
No Statutory Updates
MARCH 2023
No Statutory Updates
FEBRUARY 2023
Update of Form E [Pin.2022]
Update of Form EA [Pin.2022]
Changes of Hourly Rate of Pay for OT Calculation
JANUARY 2023
New Version of TP1 & TP3 Form and Update on Monthly Tax Deduction (MTD) 2023
Format Changes for CP8D Form 2023
DECEMBER 2022
No Statutory Updates
NOVEMBER 2022
No Statutory Updates
OCTOBER 2022
No Statutory Updates
SEPTEMBER 2022
No Statutory Updates
AUGUST 2022
Section 5 - SOCSO Contribution Salary Cap Increase - Employees' Social Security (Amendment) Act 2022
Section 16 - EIS Contribution Salary Cap Increase - Employment Insurance System (Amendment) Act 2022
Extension of Scope of EA 1955 - Employment (Amendment of First Schedule) Order 2022
Amendment of Employment Act 1955
Section 60F (1) Amendment of Sick Leave and Hospitalisation Leave
Entitlement
Section 18A Calculation of Wages for Incomplete Months Work
Section 37 Maternity Leave
Section 60FA Paternity Leave
JULY 2022
Section 5 - SOCSO Contribution Salary Cap Increase - Employees' Social Security (Amendment) Act 2022
Section 16 - EIS Contribution Salary Cap Increase - Employment Insurance System (Amendment) Act 2022
JUNE 2022
Minimum Employee EPF Contribution to be Increase to 11% Effective on 1st July 2022
MAY 2022
Minimum Wages Order 2022 – Minimum wages increase from RM1,200 to RM1,500
APRIL 2022
No Statutory Update
MARCH 2022
Minimum Wages increase from RM1,200 to RM1,500
Amendment Bill to the Employment Act 1955
New Section 18A_Calculation of wages for incomplete months works
Amendment of Section 37 Maternity Leave
Paternity Leave
FEBRUARY 2022
EA Form Updates
JANUARY 2022
Details of Wages Subsidy of PSU 4.0 to be included in Payslip
Budget 2022 Measures (Update No.2) – Special Income Remittance Programme (PKPP) – Malaysia Exempts Certain Foreign-Source Income from Tax
2022 New Version TP1, TP3 Form and update on Monthly Tax Deduction
DECEMBER 2021
Budget 2022 Measure – Minimum EPF Contribution
Budget 2022 Measure – Foreign Sources Income Tax
Budget 2022 Measures (Update) – Special Income Remittance Programme (PKPP)
NOVEMBER 2021
No Recent Statutory Updates
OCTOBER 2021
No Recent Statutory Updates
SEPTEMBER 2021
No Recent Statutory Updates
AUGUST 2021
No Recent Statutory Updates
JULY 2021
HRD Levy Exemption July to August 2021
JUNE 2021
HRD Levy Exemption June 2021
MAY 2021
No Recent Statutory Updates
APRIL 2021
Extension deadline for employer registration under the PSMB Act 2001
Exemption of Human Resources Development Levy Payment for Period January 2021 until June 2021 for the Tourism and Retail Sectors Affected by Coronavirus (COVID-19) Pandemic
MARCH 2021
Expansion of The Pembangunan Sumber Manusia Berhad Act 2001 (Updated)
Expansion of The Pembangunan Sumber Manusia Berhad Act 2001
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
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