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The Income Tax (Deduction for Expenses in relation to Secretarial Fee and Tax Filing Fee) Rules 2020 [P.U.(A) 162/2020] provide a deduction, capped at RM15,000 per YA, to a resident person who has incurred and paid certain secretarial and tax filing fees (as outlined in the Rules) in the basis period for that YA. Effective from YA 2022
The Income Tax (Deduction for Expenses in relation to Secretarial Fee and Tax Filing Fee) Rules 2014 [P.U.(A) 336/2014] stipulate that expenses incurred on secretarial and tax filing fees are eligible for a tax deduction of up to RM5,000 and RM10,000 respectively for each YA.
the tax treatment for claiming the deduction for secretarial fees and tax filing fees from YA 2022 onwards. Members may read these Guidelines in full by accessing the references below.
On 17 August 2022, Lembaga Hasil Dalam Negeri Malaysia (LHDNM) issued a revised Guideline on deductible expenses related to secretarial as well as tax filing fees from Year of Assessment (YA) 2022 onwards.
1. HASiL - Guidelines on Deduction of Secretarial Fees and Tax Filing Fees from YA 2022 onwards dated 10 November 2023 [Revised]. 2. e-CTIM TECH-DT 66/2022 dated 18 August 2022. You may write to the Institute at technical@ctim.org.my in respect of any suggestions,
Effective YA 2022, tax deduction for expenses incurred for secretarial and tax filing fees have been amended vide Income Tax (Deduction for Expenses in relation to Secretarial Fees and Tax Filing Fees) (Amendment) 2021 [P.U. (A) 471/2021].
According to the Income Tax (Deduction For Expenses in Relation to Secretarial Fee and Tax Filing Fee) Rules 2020 [P.U. A) 162/2020], published on May 19, 2020, the following expenses are eligible for tax deductions effective from YA 2020:
