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GPMYS: Global Payroll Malaysia Legislative Changes for Tax Year 2017-2018 (Doc ID 2210060.1)

Last updated on FEBRUARY 06, 2019

Applies to:

PeopleSoft Enterprise HCM Global Payroll Malaysia - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Details

 The intent of this document is to describe solutions for problems or questions related to Global Payroll Malaysia Legislative Changes for Tax Year 2017-2018 This solution applies to customers on PeopleSoft Release {9.1 & 9.2}. This is a living document and will be updated as new solutions are created; please review thoroughly on a regular basis.

(Last updated March 3rd 2016) Summary Table - see below for details:

Please see table below for details.

 Legislative Change  Effective Date  Additional Info  P1 Patch Fix Target Date  Targeted into PUM Image/Patchset
 MALAYSIA - BUDGET CHANGES 2017  Jan 2017  1. Tax relief for Lifestyle - The existing tax reliefs (listed below) shall
be combined into ¿Life style relief¿ of upto RM 2, 500 per annum. The scope
of the relief is expanded to include the purchase of printed daily
newspapers, smart phones or tablets, internet subscriptions as well as
gymnasium membership fees.

a. Purchase of reading materials ¿ RM 1, 000
b. Purchase of computers ¿ RM 300
c. Purchase of sports equipment ¿ RM 3, 000 (claimable once in 3 years).

New tax relief:- Two new tax relief have been introduced effective from 2017

2. Purchase of breast feeding equipment - Relief up to RM 1, 000 will be
given once in 2 years for the purchase of breastfeeding equipment for women
taxpayers with children aged up to 2 years.

3. Fees paid to child care and kinder-gardens ¿ Relief up to RM 1, 000 per
annum will be given to a parent who enrolls his/her child aged up to 6 years,
.
in child care centers or kindergartens registered with the department of
Social Welfare or the Ministry of Education.

Release 9.2: Patch 24961342

Release 9.1: Patch 24961317

 HCM 9.2.021

GP 9.1 Update 2017-A

 MALAYSIA NEW FORMAT OF FORM * 8A FOR ASSESSMENT 2016    MALAYSIA NEW FORMAT OF FORM * 8A FOR ASSESSMENT 2016 Release 9.2: Patch 25207095
Release 9.1: Patch 25329460
HCM 9.2.022
GP 9.1 Update 2017-B
 MALAYSIA NEW FORMAT OF FORM 8D FOR ASSESSMENT 2016    MALAYSIA NEW FORMAT OF FORM 8D FOR ASSESSMENT 2016 Release 9.2: Patch 25493692
Release 9.1: Patch 25493823
HCM 9.2.022
GP 9.1 Update 2017-B
         
         

 

To stay up with the legislative changes that will impact your PeopleSoft Application visit https://blogs.oracle.com/psftlegupdates/

Actions

 You need to apply the critical patches / GP Updates whenever their legislative fixes are posted.

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