- A 2% service tax exemption on rental or leasing services is granted until relevant legislation is updated.
- Service tax exemption for tenants is expanded to include medium-sized enterprises, with the MSME annual sales threshold raised to MYR 1.5 million.
- The exemption’s effective date for MSMEs depends on MyPMK system registration: retroactive from 1 July 2025 for registrations by 31 December 2025, or for one year from registration if after 1 January 2026.
- Newly established MSMEs receive a one-year service tax exemption on rental/leasing services from their SSM registration date, subject to registration and income tax declaration requirements.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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