Stamp Act 1949 – OwhYes !

07JunJune 7, 2025

All job contracts must be stamped from next year, says LHDN

PUTRAJAYA: The Inland Revenue Board (LHDN) has announced that all employment contracts between employers and employees must be stamped with effect from Jan 1 next year. This directive is in line with the phased implementation of the Stamp Duty Self-Assessment System as outlined in Budget 2025, it said in a statement on Friday (June 6). ALSO READ: ‘Stamp duty...

By Stephanie Chanmalaysia, NewsCompulsory, employment contracts, LHDN, Stamp Act 1949, Stamp Duty, Stamp Duty Self-Assessment System0 CommentsRead more...

17MayMay 17, 2025

Job contracts stamping rule could hurt SMEs

PETALING JAYA: The requirement for all employment contracts to be stamped by the Inland Revenue Board (LHDN) could impose significant financial and administrative burden, especially on small and medium enterprises (SMEs), say industry players. They said companies with high staff turnover would also be affected. Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai said...

By Stephanie Chanmalaysia, Newsemployment contracts, Inland Revenue Board, LHDN, Stamp Act 1949, Stamp Duty0 CommentsRead more...

Tag - Stamp Act 1949