BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Stamp Duty Showdown: What LHDN's Enforcement Means for You

Stamp Duty Showdown: What LHDN's Enforcement Means for You

Shafudin bin Yacob, Director, RPGT and STAMP Operation Department,Lembaga Hasil Dalam Negeri Malaysia (LHDN) | Soh Lian Seng, Partner & Head of Tax, KPMG in Malaysia

25-Jun-25 12:00

Stamp Duty Showdown: What LHDN's Enforcement Means for You

The recent debate over stamp duty on employment contracts has left many Malaysian businesses confused and concerned. Following a major policy clarification from the Inland Revenue Board (LHDN) on June 6th, what do companies really need to do to ensure compliance, and what comes next as we head towards a full self-assessment regime in 2026?

This conversation brings the regulator and an industry advisor to the table for more clarity. Shafudin bin Yacob from LHDN and Soh Lian Seng from KPMG in Malaysia join us to break down the new rules, remaining gray areas, and how businesses can prepare for the future of stamp duty.

We discuss:

  • LHDN's new three-tiered policy on employment contracts explained.

  • How to prepare for the Stamp Duty Self-Assessment System (SAS).

  • The stamp duty implications for intercompany service agreements.

  • Why businesses need to conduct a "health check" on past documents.

  • The remaining gray areas that still require clarification from authorities.

For business owners, HR managers, and finance professionals, this is an essential guide to navigating the evolving landscape of stamp duty in Malaysia.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  governmentLaw/ActivismCorporates

Tags:  stamp dutytax compliancelhdnemployment lawbusiness lawdoing business





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Timothy Tiah, CEO of Colony, joins us to share an update on his journey, discussing the acquisition of catering company Dough by Meg and his own emergence as a content creator to drive business growth and reduce marketing costs.

12:00 PM

Just For Kicks

(REPEAT) We dive into Aston Villa’s Europa win, Nottingham Forest’s resurgence under Ange, key EFL Cup and Premier League clashes, and celebrate Ousmane Dembélé’s Ballon d’Or triumph alongside Arif Aiman’s historic Asian Player of the Year nomination.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Sudais and Zan assemble to discuss protests, music preferences and aliens on another episode of A Bit of Culture.

2:00 PM

Ringgit & Sense

(REPEAT) Julia Goh, Senior Economist at UOB discusses why it's so important to pay attention to our annual budget announcement.

2:30 PM

The Property Show

(REPEAT) Muhammad Nazhan Kamaruzuki of Khazanah Research Institute discusses how home financing works under the sell-then-build model.

3:00 PM

Best of The Bigger Picture

(REPEAT) We unpack a new paper that explores the various factors that enable organisations – both progressive and conservative – to shape politics, policy and governance.

4:00 PM

Best of Evening Edition

(REPEAT) We learn about the ins and outs of Malaysia's National Security Council with its Director General

5:00 PM

BBC World Service

Tune in to this episode of People Fixing The World to hear how a community in Mumbai is changing the lives of the people around them.