Accounting
Court Quashes RM313.8m Tax Demand Against Daim’s Wife
High Court quashes RM313.8m tax demand against Naimah Khalid, ruling LHDN acted beyond powers and attempted double taxation.
Category: Accounting
Business News
Cabinet to Review E-Invoicing After BN Concerns: Zahid
Malaysia's government is reviewing e-invoicing after businesses expressed concerns about costs and implementation readiness.
Accounting
Bursa Malaysia rebounds as buying interest returns to market
Bursa Malaysia recovered at midday trading as renewed buying lifted the benchmark KLCI.
Taxation
Penang Reviewing 350 Land Tax Appeals After Rate Revision, Says CM Chow
Penang reviews 350 land tax appeals; CM Chow defends revised structure, rebate mechanism and legal basis for differentiated land rates.
e-invoicing
QuickIn Targets SME Operational Gaps Amid E-Invoicing and Digital Shift
A business-first platform designed to simplify invoicing, sales tracking, and financial management - all in one place by QuickIn
Accounting
Accountants Brace for 2026 with Caution Amid Subdued Global Outlook
Global accountants show caution entering 2026; Asia Pacific rebounds, Malaysia resilient with 4.9% growth despite risk
Taxation
Zahid: BN to Push for GST Reintroduction After GE16 for Fairer Taxation
Ahmad Zahid announces BN's plan to reinstate GST post-GE16, calling it the best system despite past political controversies.
Taxation
Customs Exceeds 2025 Revenue Target by RM6 Billion
Malaysia Customs collects RM73.27 billion in 2025 revenue, surpassing revised target amid stronger anti-smuggling efforts.
Taxation
IRB Completes RM14.55 Billion Tax Refunds for 3.47 Million Cases This Year
Deputy Finance Minister announces RM14.55 billion tax refunds processed by IRB as of November, up 17.5% from last year.
Byline
The Accounting Profession at a Crossroads: From Bookkeeping to Strategic Insight
Rafizi Ramli chides PM Anwar for inaction on Shamsul Iskandar-linked contractors, questions corruption prosecutions, warns of political missteps.
Taxation
Selangor Tables RM3.23bil Deficit Budget for 2026
Selangor proposes RM3.23bil 2026 budget with RM2.8bil revenue, focusing on flood mitigation, roads, education, and sustainability.
Accounting
ACCA Report Urges Integration of Sustainability and Financial Data for Organisational Resilience
ACCA’s latest global survey highlights the urgent need for organisations to align sustainability and financial information to strengthen resilience.
Byline
Empowering SME Resilience Through ESG and Innovation
Budget 2026 in Malaysia promotes tax reforms and incentives for SMEs, focusing on resilience, innovation, and inclusivity for sustainable growth.
Stocks and Markets
ViTrox Set for Record FY26 as New Models, Tax Incentives Drive Growth
ViTrox is poised for stronger FY26 growth, fuelled by higher shipments, new product launches, and renewed tax incentives.
Accounting
AICB Launches FSF Xcel to Drive Digital Skills Transformation in Malaysia’s Financial Sector
The AICB launched FSF Xcel, Malaysia's first digital skills assessment platform for the financial sector.
Carbon Tax
Updated: Highlights of Budget 2026
Khazanah invests RM600 million in Carcosa Seri Negara, while Malaysia targets tourism growth, renewable energy projects, and tax incentives in Budget 2026.