TRATAX - WTS Malaysia

11/02/2026

Received CP500 from LHDN recently demanding tax payments but wonder why? What can you do now to avoid excessive cash being tied up with ? What's are the compliance requirements?

As part of our initiative, here is the complimentary podcast that answers these questions.

https://tratax.my/lhdn-asking-for-instalments-breaking-down-the-cp500/

Thanks BFM Radio - The Business Station for hosting our Executive Director Renganathan Kannan on this contemporary topic.

04/02/2026

MIA-TRATAX Stamp Duty Forum brings together 10 tax & legal experts on 10th February. Event details are as follows.

For further queries on stamp duty, email [email protected]

Concerned about stamp duty compliance? LHDN has announced a 100% penalty waiver for instruments executed between 2023 and 2025 under the Stamp Duty Voluntary Disclosure Programme.

Join our inaugural Stamp Duty Forum on 10 February 2026, where 10 experts will share practical insights on operational, tactical and strategic transactions, including optimisation tips.

Don’t miss this timely discussion on a rapidly evolving area.

To register >> https://bit.ly/3BQRzm9
To download brochure >> https://bit.ly/4k3NWva

04/02/2026

TRATAX on media, 02-02-26.

29/01/2026

Have you got the tax refund? How about the compensation for delayed refunds?

Last week we hosted the Director General of the Malaysian Inland Revenue Board LHDNM at our annual Tax Conference. We did not let him go without asking the hard questions on taxpayer rights.

Section 111D of Income Tax Act 1967 provides for the compensation of 2% per annum for delays beyond 90 days from due date for submission of tax return. We are pleased to have Datuk Dr Abu Tariq Jamaluddin's assurance that the 2% compensation would be automatically processed but after the funds allocated being prioritized for refunds initially.

In short, its "refund first, compensation next".

He also highlighted the 4 focus areas for LHDN in 2026 are:
1. Full implementation of e-Invoice
2. Stamp duty self-assessment
3. Expeditious Tax Refunds
4. Targeted enforcement task forces

Industry players at the conference valued his insightful sharing on each of the 4 focus areas. Once again, our heartfelt appreciation for Datuk Dr Abu Tariq’s sharing and candid approach in providing straightforward responses to the practical concerns raised by our clients at the conference.



Renganathan Kannan

29/01/2026

Yesterday the Malaysian tax authority, LHDNM published guidelines on stamp duty voluntary disclosure program. The 100% penalty waiver under this program applies to documents signed between calendar year 2023 to 2025.

Here are the salient points:
1. Prior to 1st Jan 2025, failure to stamp dutiable instruments attracts penalty amounting to 20% of the unpaid duty, subject to a minimum of RM100. The entire penalty is waived if the instrument is submitted for stamping AND duty paid within the period 1 Jan to 30 June 2026.

2. There is no need to make any application for the penalty waiver. System will impose penalty in the assessment but upon payment of duty, the penalty will be AUTOMATICALLY waived. Convenient - just don't forget to pay by 30/6.

3. There is no refund for companies who paid the Sec 47A penalty, even if they had participated voluntarily earlier under the 50% penalty waiver basis.

4. Instruments stamped under this program will not be audited but do bear in mind that the perks of the program do not apply in cases that are deemed to have elements of fraud !

5. Companies participating in the voluntary disclosure are not precluded from being audited in relation to other instruments - the program's protection is limited to instruments stamped during the period only. Hence, it is vital for industry players to perform comprehensive health check amid participation in this program.

6. Instruments executed/signed in 2026 are not eligible for this program. Pursuant to a separate scheme, instruments stamped in 2026 are not subject to the 100% penalty in relation to undercharged duty in the return form – such waiver applies to both voluntary disclosure and audit findings (irrespective of the findings are in 2026 or in later years).

7. Employment contracts executed prior to 1 Jan 2025 are exempted from stamp duty. Those executed in 2025 but overlooked to stamp would qualify for penalty waiver under the SD-VD program.

Read IRB full announcement here :
https://tratax.my/wp-content/uploads/2026/01/SDK-28-Jan-2026.pdf

We Look forward to discuss more on 10th Feb - https://tratax.my/stamp-duty-forum-compliance-optimisation-upcoming/

27/01/2026

TRATAX take on media. Improve existing tax appeal tribunals by allocating more resources, embark on digitalisation and remove procedural obstacles such as requirement to pay tax & penalty before an appeal is heard. The existing tax tribunals - namely Special Commissioners of Income Tax & Customs Appeal Tribunal - are under the purview of Ministry of Finance. Hence these appellate jurisdictions are independent of LHDN & Customs.

The focus should be on addressing the weaknesses of the present tribunals in the spirit of continuous improvement, instead of introducing another platform to hear appeals of the same nature. The latter approach could add complexity to the Malaysian tax regime.

26/01/2026

Highlights of TRATAX Tax Conference 2026!

Our appreciation to esteemed speakers and attentive delegates for making the conference a memorable event to begin the year with the theme “Taxation beyond Compliance” to reiterate that taxation can be a source of competitive advantage amid raising geopolitical uncertainty.

23/01/2026

Our heartfelt appreciation to YBhg Datuk Dr Abu Tariq, Director General & CEO of the Inland Revenue Board of Malaysia LHDNM for making time to enlighten our clients and industry players at TRATAX Tax Conference 2026.

Thank you for staying on take on ample of questions from the floor - to provide clarity on the direction on the nation's primary tax authority.

09/01/2026

TRATAX Executive Director, Thenesh Kannaa's on practical nounces of the tax-related announcements in the Prime Minister's New Year speech.

Interview hosted by Astro AwaniNiaga.
https://youtu.be/st2drH87mdE?si=VglT6tzcDoLbMpad

Malaysia memulakan 2026 dengan rangka pembaharuan cukai besar meliputi e‑Invoicing, SST, duti setem, pengecualian NGO dan isu CP500. Pelonggaran, penjimatan ...

06/01/2026

Visit https://tratax.my/key-tax-updates-for-2026/ for our complimentary list of 46-pointer list of new & emerging tax aspects in 2026 that every tax and finance professionals should master.

For more details, join TRATAX Tax Conference on 22nd January 2026 at KLCC Convention Centre. Details at https://form.evenesis.com/TRATAXconf2026.

01/01/2026

22/12/2025