Special Voluntary Disclosure Programme for Stamp Duty 2026 (PKPS) On January 28, 2026, the Inland Revenue Board of Malaysia (LHDN) officially launched the Special Voluntary Disclosure Programme (PKPS) for Stamp Duty 2026. This strategic initiative by LHDN aims to motivate taxpayers to voluntarily rectify unstamped or late-stamped legal documents. It provides a 100% waiver of penalties for documents that were not stamped within the standard 30-day stamping deadline. Overview of the PKPS 2026...

Being a social media influencer is more than just a hobby—it is a recognized career that can generate significant income. Whether you are a content creator, a brand ambassador, or even an animated character (an "object-based influencer"), understanding your tax obligations is essential for long-term success. To provide clarity on how this income is taxed, the Inland Revenue Board of Malaysia (LHDN) has issued specific guidelines under the authority of Section 134A of the Income Tax Act 1967...

Employment Contract Stamp Duty Under the Stamp Act 1949, employment contracts in Malaysia are subject to stamp duty requirements to ensure their legal validity. Stamping is not merely an administrative step; it is a statutory obligation that makes the contract enforceable in court. With recent updates from the Inland Revenue Board of Malaysia (LHDN), including the Stamp Duty Audit Framework (effective 2025) and the upcoming Self-Assessment System for Stamp Duty (STSDS) in 2026, stamping has...