Personal Legal Procedures

Personal income tax is a tax that governments impose on individuals’ income generated from various sources. These sources include employment wages, business profits, dividends, interest, royalties, and rental income. In Malaysia, income tax is administered by the Inland Revenue Board of Malaysia (LHDN). The tax rates in Malaysia are progressive, ranging from 0% to 30%, depending on the individual’s income bracket. Individuals earning less than RM34,000 per annum after deducting...

Adoption, formally or informally (fostering), is a common practice in many communities worldwide. It isn’t just a lifeline for children without families or those exposed to abuse, but adoption also fulfils the desires of couples yearning to have a child and expand their families but cannot do so on their own. At the same time, adoption might assist the family unable to raise and bring their children due to disabilities...

Since its introduction in 1967, the Insolvency Act 1967, formerly known as the Bankruptcy Act 1967, has undergone various amendments. The Act came into force on 6 November 2017. The reform was crucial as the legislature intended to help creditors and debtors in bankruptcy cases. This article will briefly discuss eight critical amendments to the law relating to bankruptcy cases in Malaysia. 1) Immunity of a social guarantor Section 2...

A person who is declared bankrupt may end his bankruptcy either by way of discharge or annulment. An annulment refers to the termination of a Bankruptcy Order against a bankrupt as if he had never been declared bankrupt. On the other hand, a discharge from a bankruptcy order releases a bankrupt from all debts provable in bankruptcy except for debts due to the Government, State, and Attorney General in respect...