The Inland Revenue Board of Malaysia has issued a new technical guideline dated 17 August 2022 on the deduction of expenses related to secretarial and tax filing fees from year of assessment 2022. The guide explains that secretarial and tax filing fees would normally not be deductible for tax purposes because they are not directly used in generating business income. However, from year of assessment 2015, secretarial and tax filing fees are deductible for eligible taxpayers doing business and resident in Malaysia, subject to annual caps. From year of assessment 2022, the rules for the deduction of secretarial and tax...