Topic
#socso
3 articles
Year-End Bonus in Malaysia 2026: How Much Goes to Tax, EPF and SOCSO, With Worked Examples
A year-end bonus in Malaysia is taxed in the year you receive it, not the year it rewards, so a bonus paid in December 2026 falls under the 2026 tax rules and one paid in January 2027 under Budget 2027's new rates and RM12,000 personal relief. EPF takes 11% of it, SOCSO and EIS take nothing, and the monthly tax deduction in the bonus month is only an estimate. Here is how each deduction works, with two worked examples.
PERKESO Work Accident Claims 2026: What You Get, Commuting Accidents, and How Borang 34 Works
Hurt at work or on the way there? PERKESO's Employment Injury Scheme pays 80% of your average assumed daily wage while you are on medical leave of 4 days or more, 90% for permanent disablement, free treatment and a RM3,000 funeral benefit. Here is what counts, the 48-hour employer duty, and the documents Borang 34 needs.
LINDUNG 24 Jam in 2026: What the 0.75% Buys, Who Still Pays It, and How to Opt Back In After 31 August
PERKESO's LINDUNG 24 Jam scheme covers employees for accidents outside work, anywhere in Malaysia, for 0.75% of salary (RM22.15 a month on RM3,000). It began as compulsory on 1 June 2026, became voluntary for Malaysians after the Cabinet's 8 July decision, and the opt-out window closed on 31 August. Here is where that leaves you: who is still covered, what June money cannot be refunded, and how to opt back in from 2 September.