Corporate Tax Tools

Tax computation, CP204, capital allowances, withholding tax and incentives — for Malaysian companies

From Accounting Profit to Tax Payable

Enter figures from your P&L and the worksheet converts them into chargeable income, the way a tax agent prepares a tax computation.

Profit Before Tax (per accounts)

From your profit & loss statement. Enter a negative number for a loss.

Add back: non-deductible expenses in P&L

Expenses recorded in accounts that tax law does not allow

Depreciation / amortisation

General provisions (e.g. doubtful debts)

Entertainment (non-deductible portion)

Fines, penalties & compounds

Private / personal expenses

Donations expensed in P&L

Other non-deductible expenses

Less: income in P&L not taxable

Income credited in accounts that is not business income for tax

Single-tier (exempt) dividends

Gains on disposal of assets

Unrealised forex gains

Other non-taxable income

Capital allowances, losses & donations

Capital allowance — current year

Use the Capital Allowance tab to compute this

Unabsorbed capital allowance b/f

Business losses brought forward

Unutilised losses from prior years (max 10 YAs)

Other income (rental, interest)

Non-business statutory income

Approved donations (s44(6))

To LHDN-approved institutions; capped at 10% of aggregate income

Does the company qualify for SME rates?

Paid-up capital ≤ RM2.5M, revenue ≤ RM50M, not >20% foreign-owned, not a subsidiary of a large company. Check with the Corporate Tax page.

Rates verified as of June 2026 · Source: LHDN — Company Tax Rates