Latest Updates

• The section on Fixed Expense Deduction Ratio (FEDR) has been shifted from the webpage: “Pre-filling of Income and Fixed Expense Deduction Ratio for self-employed persons (SEPs)”
• New section relating to FEDR for delivery workers, which will take effect from the Year of Assessment (YA) 2024, has been added.

Indicative margin for related party loans for 2024 has been added.

Penalties for failure to keep proper records