Budget 2026

2% Tax on Dividend from LLP

Effective from YA2026, dividend distributed to individual partners of Limited Liability Partnerships (LLPs) will be subject to a 2% dividend tax .

Effective from YA2025, dividends from companies (Sdn Bhd) were first subjected to this same 2% tax.

This proposal brings the profit distribution from LLPs in alignment with the shareholders receiving dividends from Companies.

Accelerate capital allowance

This enables faster recovery of capital investment and serves as an incentive to adopt digital technology. It also promotes domestic manufacturers of heavy machinery and local ICT vendors.

Stamp duty exemption for monthly wages<RM3,000/month

Employment contracts are subject to stamp duty of RM10 under Item 4, First Schedule, Stamp Act 1949 for monthly wage exceeding RM300 but now revised to RM3,000.

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Kota Kemuning, 40460 Shah Alam, Selangor

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The Malaysian Institute of
Certified Public Accountants

Tax Agent under S 153(2)
Income Tax Act 1967

A Chartered
Tax Practitioner

We are a fully integrated tax and accounting firm based in Kota Kemuning (Shah Alam, Selangor), offering comprehensive services in tax, accounting and business advisory works.