Updated On Government Regulation Changes In System
Stay up to date with the latest changes in Cloud Payroll ! We have updated items like income tax rate and optional deduction for 2023 followed by the recent regulations changes, to ensure your business complies with all the latest rules.
Item 1 : Updated Income Tax Rate for 2023 for Resident Individual Taxpayer
| P (RM) | M (RM) | R (%) | B Category 1 & 3 (RM) | B Category 2 (RM) |
| 5,001 – 20,000 | 5,000 | 1 | -400 | -800 |
| 20,001 – 35,000 | 20,000 | 3 | -250 | -650 |
| 35,001 – 50,000 | 35,000 | 6 | 600 | 600 |
| 50,001 – 70,000 | 50,000 | 11 | 1,500 | 1,500 |
| 70,001 – 100,000 | 70,000 | 19 | 3,700 | 3,700 |
| 100,001 – 400,000 | 100,000 | 25 | 9,400 | 9,400 |
| 400,001 – 600,000 | 400,000 | 26 | 84,400 | 84,400 |
| 600,001 – 2,000,000 | 600,000 | 28 | 136,400 | 136,400 |
| Exceeding 2,000,000 | 2,000,000 | 30 | 528,400 | 528,400 |
Item 2 : Updated Optional Deduction
- Increased the limit from RM 8,000 to RM 10,000 for medical expenses on serious diseases.
The scope of relief is also expanded to include intervention expenditure for Autism, Attention Deficit Hyperactivity Disorder (ADHD), Global Developmental Delay (GDD), Intellectual Disability, Down Syndrome and Specific Learning Disabilities, limited to RM4,000 as below:
- Diagnostic assessment certified by a medical practitioner registered with the Malaysian Medical Council
- Early intervention and rehabilitation programmes conducted by health profession practitioners registered under the Allied Health Profession Act 2016
- Expansion of tax relief on life insurance expenses to cover voluntary EPF contributions.
- Extension of tax relief for childcare fees and SSPN till 2024.
Please Update Your Payroll System
SQL Payroll
Million Payroll
Access UBS Payroll
Formerly (Sage UBS)
