Iras Corporate Tax Rebate 2024. As the year comes to a close, companies are gearing up for the corporate income tax (cit) filing for the year of assessment (ya) 2023. Business expenses are the costs incurred to run your business.

Companies that have employed at. To help companies manage rising costs, a corporate income tax (cit) rebate worth 50% of the corporate tax payable will be granted to all taxpaying companies in.