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.
In Malaysia, the issuance and use of COOs are aligned with the International Convention on the Simplification and Harmonisation of Customs Procedures. To be eligible for a COO, manufacturers, exporters, or traders must first be registered with the Companies Commission of Malaysia.
Written by Darren Lai and Fatin Ismail A dispute is a problem to be solved together, rather than a combat to be won — Woodrow Wilson Introduction Mediation is a non formal and wholly voluntary…
Written by Richard Wee, Fatin Ismail and Faith Chow The Tribunal for Home Buyers Claims or Tribunal Tuntutan Pembeli Rumah (“TTPR”), commonly known as the “Homebuyer’s Tribunal”, is a cheaper and faster forum for home…
Written by Richard Wee, Fatin Ismail and Yashila Kesavan These days, workplace disagreements are so common that, in the worst circumstance, they might lead to legal proceedings. These employment-related conflicts could be brought on by…
Written by Richard Wee, Fatin Ismail and Tee Jae Ei Introduction In 2021, the Domestic Trade and Consumer Affairs Ministry (“KPDNHEP”) has recorded a stark increase of 112.5% in online consumer complaints. This comes as…
Written by Richard Wee, Fatin Ismail and Faith Chow The Tribunal for Consumer Claims (“TCCM”) or the Tribunal Tuntutan Pengguna Malaysia (“TTPM”) is an alternative forum other than a court action to provide redress for buyers in a…
Written by Richard Wee, Fatin Ismail and Yashila Kesavan The Malaysian Aviation Commission (“MAVCOM”) is an entity established under the Malaysian Aviation Commission 2015 (Act 771) which regulates economic and commercial matters for the aviation industry in Malaysia…
