In 2024, the Ministry of Youth and Sports, along with the Inland Revenue Board, announced a new tax relief for Malaysian taxpayers for the assessment year 2024. The tax relief covers 103 types of sports listed in the First Schedule of the Sports Development Act 1997 (‘the SDA’). The newly introduced tax relief for sports equipment and sports activities for oneself, parents, spouse, and/or child is up to RM1,000.
On 9 June 2025, the Ministry of Finance issued a Press Release to announce a major expansion of its Sales and Service Tax (SST) effective 1 July 2025.
The announcement was foreshadowed in Budget 2025 (albeit without much detail) to increase government revenue and support fiscal reforms. The new structure will cover a wider range of taxable services and introduce changes to the sales tax on locally manufactured and/or imported goods.
The key to understanding the expansion is the Malaysian Government’s oft-repeated statements that the expansion aims to increase revenue without burdening the ordinary man on the street.
Antitrust laws are designed to promote competition by restricting the ability of one single company from dominating the market Ensuring mergers and acquisitions do not overconcentrate market power or form monopolies, also breaking up those that have formed monopolies. It also prevents multiple firms from colluding or forming a cartel to limit competition through practices such as price fixing. The rise of Esports brings up several antitrust concerns, especially since Microsoft and Sony dominate much of the video game industry.
The Forum on the Future of Work 2025 (‘the Forum’) was hosted by Richard Wee Chambers in collaboration with E2 Workforce Consulting Sdn Bhd. The Forum was held at Asian International Arbitration Centre (‘AIAC’), on 11 June 2025, from 9am to 12pm.
Richard Wee Chambers (‘RWC’) and E2 Workforce Consulting Sdn Bhd (‘E2 Workforce Consulting’) entered into a Memorandum of Understanding (MoU), marking the beginning of a strategic partnership. This collaboration brings together Richard Wee Chambers’ expertise in legal matters with E2 Workforce Consulting strengths in workforce development, enabling both parties to offer comprehensive solutions that address the evolving needs of businesses and employees.
Merujuk kepada Peraturan-Peraturan Perlindungan Pengguna (Urus Niaga Perdagangan Elektronik) 2024 (“Peraturan”) yang berkuat kuasa pada 25 Disember 2024. Tempoh penangguhan selama enam (6) bulan selepas kuat kuasa Peraturan ini akan berakhir pada 24 Jun 2025.…
We refer to the Consumer Protection (Electronic Trade Transaction) Regulations 2024 (‘the Regulations’) which came into force on 25 December 2024. The six (6) month grace period following the Regulations coming into force will end…
To download the full newsletter, click here. Published on 10 June 2025
The UMCT Consti Colloquium organised by the UM Consti Team underscores the theme of ‘Transparency and Freedom: Pillars of a Resilient Constitution’. The Colloquium consisted of two panel sessions: Transparency and Freedom: Pillars of a Resilient Constitution as well as Transparency and Freedom: Pillars of a Resilient Constitution.
The ASEAN Sports ADR Forum 2025 (‘the Forum’) jointly organised by the Asian International Arbitration Centre (AIAC), the Legal Affairs Division of the Prime Minister’s Department (BHEUU), and the Ministry of Youth and Sports Malaysia (KBS), underscored the theme ‘Ensuring Fair Play: Advancing Sports Dispute Resolution in Asia’.
In line with this, employment contracts, whether full-time, part-time, fixed-term, or short-term, and whether involving local or foreign employees, fall within the scope of this provision and are therefore subject to a flat stamp duty of RM10 per contract. An exception applies where the monthly wage of the employment does not exceed RM300, in which, the contract is not required to be stamped. For contracts that are chargeable, they must be stamped within 30 days from the date of execution in order to avoid the imposition of penalties under the Act.
This article explores the legal position, recent enforcement developments by the Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negeri) (‘LHDN’) and the consequences of non-compliance for employers.
