Starting Year of Assessment 2025, the Inland Revenue Board of Malaysia (LHDN) introduced two new major compliance requirements for companies. Yes, more forms and more uploads… But don’t worry, we’ll break it down for you! Because at Boss Boleh, we care, we simplify, and we got your back. Declare Your Beneficial Owners (BO) in Form C Starting from YA 2025, companies… Continue reading ⚠️ Two New LHDN Rules Every Business Owner Must Know in 2025
Tag: Business guide
Rental Income and Tax Deductible Expenses Every Landlord Should Know
If you earn income from renting out property, the income is taxable under Malaysian law. However, you can reduce your tax by claiming legitimate expenses. Learn which costs are deductible, which are not, and how to keep proper records to ensure your rental income is reported accurately and fairly.
Budget 2025: Introduction of 2% Dividend Tax
The introduction of a 2% dividend tax, as announced in the 2025 Budget proposal, breaks the long-standing tradition of dividends being tax-exempt for individual shareholders. Starting from 1 January 2025, individual shareholders with annual dividend income exceeding RM100,000 will be subject to this new tax, catching many off guard. For high-income earners, this not only… Continue reading Budget 2025: Introduction of 2% Dividend Tax