Extension Of Tax Exemption For Women Returning To Workforce Gazetted

Author:SKRINE &nbsp
Profession:SKRINE
 
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The Income Tax (Exemption)(No. 9) Order 2019 ('EO9/19') which seeks to encourage women who have taken a career break of at least 24 months to return to the workforce by providing income tax exemption for up to 12 months and was effective until year of assessment 2020 has been extended to year of assessment 2024 pursuant to the (Income Tax (Exemption)(No. 9) Order 2019) (Amendment) Order 2020 ('Amendment Order') that was gazetted on 30 January 2020. The extension of the exemption under EO9/19 was announced at the Malaysian Budget 2020. To qualify for exemption, an applicant must satisfy the conditions set out in EO9/19 (as...

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