LHDNM - Amendment to Specification for Monthly Tax Deduction (MTD) for 2023
On 1 June 2023, Lembaga Hasil Dalam Negeri Malaysia (LHDNM) issued a booklet relating to the Amendment to: Specification for Monthly Tax Deduction (MTD) Calculations using Computerised calculation for 2023. The new tax rate for the calculation of MTD took effect from 1 June 2023 that was aligned with the amendment to the Finance Act 2023 which was gazetted on 31 May 2023.
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