Flexible Work Arrangement (FWA) Tax Deduction under the P.U. (A) 377 Income Tax (Deduction for The Costs of Implementation of Flexible Work Arrangements) Rules 2021 is now open for submission!
Companies that are eligible for the Income Tax Deduction Cost of Implementation of Flexible Work Arrangements (FWA) may claim this tax deduction twice up to a maximum amount of RM500,000 for each year, up to three (3) consecutive years of assessment starting from the date of implementation approval obtained from TalentCorp. Applications is for expenses incurred within the period of 1 July 2020 to 31 December 2022.
Here is the step-by-step on how to apply the FWA Tax Deduction:
Step 1: Please refer to the
Guidelines and Frequently Asked Questions (FAQ) for the eligibility and criteria in
TalentCorp Website
Step 2: After reading the Guidelines and FAQ, please fill in the Application Form and the Declaration Form
Step 3: After completing the application form and sign declaration form, please submit the application, supporting
documents and signed declaration form via email to
flexworklife@talentcorp.com.my for our review and verification.
Step 4: Successful applicants, will receive the Surat Pengesahan Pengaturan Kerja Fleksibel, for your e-filling
with Lembaga Hasil Dalam Negeri Malaysia (LHDNM).with Lembaga Hasil Dalam Negeri Malaysia (LHDNM).
Together with this email is the poster for your knowledge and information.