Tax Essentials: Q&A for Individuals and Businesses: Budget 2025

This Tax Essentials: Q&A for Individuals and Businesses (Budget 2025) is written specifically for Principle of Taxation course in Universiti Utara Malaysia. This book consists of 10 chapters which covers Malaysian income tax system, residence status of an individual, employment income, personal investment and other incomes, donation, personal reliefs and rebates, capital allowance, industrial building allowance, business income, partnership and tax administration.

This book is designed to facilitate readers to do an independent study after covering respective topics in Principles of Taxation course. The comprehensive questions with suggested solutions are provided for each topic, will assist readers comprehend the topics better.

This book will assist readers stay up to date on the latest tax changes, and we hope the readers would enjoy reading and benefit from this book.