Jadual Caruman PERKESO 2025 outlines the latest SOCSO contribution rates for employers and employees in Malaysia. Understanding these rates is crucial for ensuring compliance with statutory requirements under the Employees’ Social Security Act 1969.

Sistem Insurans Pekerjaan (SIP), or the Employment Insurance System (EIS), is a social security scheme in Malaysia managed by PERKESO. It provides financial aid and job search assistance to employees who have lost their jobs due to retrenchment, redundancy, or insolvency.

A retirement letter to an employer is a formal notice that an employee submits to announce their retirement. This guide covers how employees can craft a professional and respectful retirement letter, key elements to include, and how employers should respond.

Capital allowance in Malaysia is a tax deduction granted to businesses for the depreciation of qualifying fixed assets, such as machinery, equipment, and vehicles.

Kuala Lumpur is home to a thriving coworking scene, catering to freelancers, startups, and businesses looking for flexible workspaces.

CP38 is an additional tax deduction order issued by LHDN Malaysia, requiring employers to deduct extra income tax from an employee’s salary beyond the standard PCB (Potongan Cukai Bulanan).

The CP8D form is a mandatory report submitted by Malaysian employers to the Inland Revenue Board (LHDN). It details employee income and tax-related information for accurate tax filing. Employers must submit CP8D annually alongside Form E, typically by March 31.

In Malaysia, TP1, TP2, and TP3 forms are essential for managing Monthly Tax Deductions (MTD/PCB). TP1 allows employees to claim tax reliefs, TP2 is for additional deductions, and TP3 is used when changing employers to ensure proper tax calculation.

Great news for Selangor’s civil servants! A special Raya bonus of up to 1.5 months’ salary will be paid in two phases—just in time for the festive season. Check out the full details here!

Child Relief in Malaysia is a tax deduction granted to parents to ease the financial burden of raising children. Eligible taxpayers can claim relief for dependent children, including those studying or with disabilities.