Income Tax Rules and Sales Tax Order 2022

Income tax

The following Rules have recently been gazetted:

(i) Income Tax (The Principal Hub Incentive Scheme) Rules 2022 — gazetted on 24 May 2022 and have effect from year of assessment 2021; and

(ii) Income Tax (Deduction for Expenditure in relation to Industry4WRD Vendor Development Programme) Rules 2022 — gazetted on 30 May 2022 and deemed to have come into operation from year of assessment 2019.

The following audit frameworks have recently been published on the Inland Revenue Board’s official website:

• Rangka Kerja Audit Cukai (presently available in Malay language only) — issued on 1 May 2022 to replace Rangka Kerja Audit Cukai dated 15 December 2019
• Rangka Kerja Audit Cukai Petroleum (presently available in Malay language only) — issued on 1 May 2022 to replace Rangka Kerja Audit Cukai Petroleum dated 15 December 2019
• Rangka Kerja Audit Cukai Kewangan dan Insurans (presently available in Malay language only) — issued on 1 May 2022 to replace Rangka Kerja Audit Cukai Kewangan dan Insurans dated 18 November 2020

Sales tax

The following Orders have recently been gazetted:

(i) Sales Tax (Goods Exempted from Tax) Order 2022 — gazetted on 31 May 2022 and has come into operation on 1 June 2022. The Sales Tax (Goods Exempted from Tax) Order 2018 has been revoked; and

(ii) Sales Tax (Rates of Tax) Order 2022 — gazetted on 31 May 2022 and has come into operation on 1 June 2022. The Sales Tax (Rates of Tax) Order 2018 has been revoked.

Excise duties

The following Orders have recently been gazetted:

(i) Excise Duties Order 2022 — gazetted on 23 May 2022 and has come into operation on 1 June 2022. The Excise Duties Order 2017 has been revoked;

(ii) Excise Duties (Pangkor) Order 2022 — gazetted on 30 May 2022 and has come into operation on 1 June 2022. The Excise Duties (Pangkor) Order 2019 has been revoked;

(iii) Excise Duties (Tioman) Order 2022 — gazetted on 31 May 2022 and has come into operation on 1 June 2022. The Excise Duties (Tioman) Order 2004 has been revoked;

(iv) Excise Duties (Langkawi) Order 2022 — gazetted on 31 May 2022 and has come into operation on 1 June 2022. The Excise Duties (Langkawi) Order 2020 has been revoked; and

(v) Excise Duties (Labuan) Order 2022 — gazetted on 31 May 2022 and has come into operation on 1 June 2022. The Excise Duties (Labuan) Order 2020 has been revoked.