Dear SCG Global customers,

 

There are 2 new initiatives launch by EPF Department recently to help employer to reduce their financial constraints.

 

1. Exemption on Late Payment Charges.

2. Employer Pay for Reduction Initiative (ePaR)

 

You may refer to below URL Link for further explanation from EPF portal or attached is the FAQ for all employer that wish to apply for this program.

https://www.kwsp.gov.my/-/epf-launches-initiatives-to-ease-employers-financial-constraints

 

Good day.


All employers will be exempted for HRD Levy contribution for July and August 2021 which is Salary of the July and August month.

On top of that, newly registered employer under the new sector of Pembangunan Sumber Manusia Berhad (PSMB) Act 2001 will receive 6 months Levy Exemption from July until December 2021.

You may refer to below URL Link for any further clarification and assistant. Beside that, you may also login to HRD Corp portal with employer login ID to check on the Levy Exemption as well. 

https://hrdcorp.gov.my/

Thanks.

We are happy to announce that SCG GLOBAL SOLUTIONS SDN BHD is the approved Digital Service Provide for Selangor Information & Digital Economy Corporation (SIDEC). Our csutomers can claim for the 50% or upto max of RM5000 grant from Selangor State Government when they purchase or subscrip to SCG GLOBAL SOLUTIONS SDN BHD software or services.

Please find below URL link for more information about SIDEC Grant.

https://www.sidec.com.my/selangorsmegrant2021/

Mandated by the Government of Malaysia in 11th Malaysia Plan (11MP) under Strategic Thrust 5 - Focus Area C: Strengthening the Lifelong Learning for Skills Enhancements where the access to Human Resource Development Fund (HRDF) is to be expanded to all industries.

In line with this, to improve its regulatory and funding support, HRDF is broadening access of the Human Resources Development Fund (HRDF) by expanding the coverage of the PSMB Act 2001 effective 1 March 2021. The 11MP has identified high-quality human capital to propel the country’s future economy and targets for 35% of the workforce to comprise skilled workers. The expansion is expected to increase the number of employees that are eligible for training under HRDF from the current 2.5 million in 2020 to 6.1 million from March 2021.

Please refer to below link for further information:

https://www.hrdf.com.my/expansion_psmb_act2001/

Hi

Malaysia LHDN E Filling will be opne for submission on 1st March 2021.

Please refer to below link for further clarification.

http://www.hasil.gov.my/bt_goindex.php?bt_kump=6&bt_skum=1&bt_posi=2&bt_unit=4&bt_sequ=657&cpage=0

Please find below link to LHDN Web Portal about E Filling for Year 2021.

http://www.hasil.gov.my/index.php?bt_lgv=2

Then you may click on Forms > Return Forms (RF) Filling For The Year 2021.

Thanks.

Hi,

LHDN had release new set of CP22 adn CP22A Form. Please find below link to download the new form. The new form effective 1st January 2021.

http://www.hasil.gov.my/bt_goindex.php?bt_kump=10&bt_skum=1&bt_posi=1&bt_unit=1&bt_sequ=350&cpage=0

Thanks.

Hi,

You may refer to below URL Link for latest Employee EPF Contribution Rate update. for year 2021.

https://www.kwsp.gov.my/en/belanjawan-2021#Reduction-Statutory-Contribution-Rate

All employees need to fill up the form and submit to employer to remain EPF Contribution rate at 11%.

Thanks.

Please find the below new link for EPF/KWSP latest i-Sinar Update on 26th November 2020.

https://www.kwsp.gov.my/-/i-sinar-expanded-coverage-and-maximum-withdrawal-amount-of-up-to-rm10-000-and-rm60-000-from-account-1

Thanks.

Please find below URL link for latest infomration on EPF i-Sinar Details.

https://www.kwsp.gov.my/-/i-sinar-enables-2-million-affected-members-access-to-account-1

Thanks.

Malaysia Budget 2021 Updates:

Prior to the pandemic, a paradigm shift towards digitization of the economy was already underway. It is evidenced that when pandemic attacks this year, digital transformation is accelerated as the business world was disrupted.

The Employees Provident Fund (EPF) is extending the date for employers to remit their mandatory contribution for the months of September 2020 until December 2020, from the 15th to the 30th of each month respectively.

Please find below URL for your reference.

https://www.kwsp.gov.my/-/extension-of-september-december-2020-contribution-payment-date

Thanks.

Hi,

There is latest update on LHDN Malaysia on Income Tax Return Form (ITRF) B which mean for individual residents who have business income (sole proprietorship) or partnership.

The original due date for submission is 30th June 2020 (Manual Submission) and 15th July 2020 (e-Filling).

Now it has extend until 31st August 2020 for both Manual submission and e-Filling.

You may refer to below URL Link for further information.

http://www.hasil.gov.my/index1.php?bt_lgv=2

Thanks.

The public holiday to mark the birthday of the Yang di-Pertuan Agong has been moved from June 6 to June 8 this year. Please kindly take note on the changes and amend your calendar accordingly.

https://www.nst.com.my/news/nation/2020/03/571660/agongs-birthday-moved-june-6-june-8

 

EPF had announce In light of the extension of the Conditional Movement Control Order (CMCO) and its subsequent impact on business activities in the country, the Employees Provident Fund (EPF) is extending the date for employers to remit their mandatory contribution for the months of May 2020 until July 2020, from the 15th to the 30th of each month respectively.

Please refer to below link for further clarification.

https://www.kwsp.gov.my/-/extension-of-may-june-and-july-2020-contribution-payment-date

EPF had announce In light of the extension of the Conditional Movement Control Order (CMCO) and its subsequent impact on business activities in the country, the Employees Provident Fund (EPF) is extending the date for employers to remit their mandatory contribution for the months of May 2020 until July 2020, from the 15th to the 30th of each month respectively.

Please refer to below link for further clarification.

https://www.kwsp.gov.my/-/extension-of-may-june-and-july-2020-contribution-payment-date

As per Malaysia PM Announcement yesterday (10th May 2020), the Conditional Movement Control Order (CMCO) period has been extended until 9th June 2020.

Please find below URL Link (Updated 10th May 2020) for latest update on Malaysia Tax Affairs during Conditional Movement Control Order for your reference.

http://lampiran1.hasil.gov.my/pdf/pdfam/faq_2.pdf

Following PM’s latest announcement on Movement Control Order (MCO) from 18th March to 28th April 2020, and now it has been extended until 12th May 2020. We understand that this may had caused some inconveniency to your HR’s operation especially on payroll process operation. 

Good day.

As the new announcement by Malaysia Prime Minister, MCO has been extended until 28th April 2020. Below are the latest update from all Malaysia statutory submission and payment for salary March and April 2020.

1. KWPS (Employee Provident Fund) = Due date submission of March 2020 salary (April 2020 Contribution) has been extended until 30th April 2020. You may refer to this URL = https://www.kwsp.gov.my/-/april-2020-contribution-payment-date-further-extended-to-30-april