Key Differences Between a Company, Limited Liability Partnership (LLP) & Unincorporated Business
Just like how we can’t run from personal income tax, companies can’t run from corporate tax too! The companies in Malaysia are required to pay corporate tax which is a significant contributor to the country’s economic development 🏙️ But there are different types of companies, each with its own business structure and tax requirements. Here’s […]
Frequently Asked Questions on Tax Matters During MCO 3.0
How’s your MCO3.0 so far? 😷 With the closure of non-essential services and many others, we are left wondering what happens to the important deadlines and how to go about our formal affairs and business transactions – tax-related matters being one of the concerns. It’s as if the Inland Revenue Board (IRB) felt the rising […]
How Is the Government Spending RM40 Billion Stimulus Package?
Painful but necessary – that’s MCO3.0 in a nutshell 😪 The lockdown is needed to curb the spread of #Covid19 and to flatten the curve 📉 But it’s not going to be easy for everyone, with the possibility of affecting the livelihood of many. Thankfully, PM Muhyiddin had announced a RM40 BILLION PEMERKASA Plus Stimulus […]
What to Know About Income Tax as a Foreigner in Malaysia
🇲🇾 Malaysia is one of Asia’s biggest business hubs with over 100,000 expatriates (expats) in the capital city, Kuala Lumpur. Our country is even voted as the #2 city for expats by InterNations 👏🏻 With the influx of foreign workforce in the country, questions about the income tax system and regulations are very common. Our […]
FAQ: Real Property Gains Tax (RPGT) in Malaysia
We are back with another round of informative sharing session for you! 😉 Today, we are going to talk about Real Property Gains Tax (RPGT) 🏠 Do you know what RPGT is? Who needs to pay for it? How to pay it? What are the exemptions? Any special initiative under PENJANA? 😏 The questions itself […]
How to File Income Tax for Your Business
Covid-19 pandemic destroyed jobs, but it also created entrepreneurs and business owners. We read and heard so many inspiring stories about laid-off employees starting their own business 👍🏻 Personally, we have seen some of the people around us start a car wash, a home catering business, and online tuition classes. Do you know anyone who […]
Answering Your Most Asked Questions About Virtual CFO
What happens when a technology-driven community is hit with a pandemic? Everything turns virtual! 👩🏻💻 Virtual marathon, virtual dates, virtual classes, and of course virtual services. We are giving you the opportunity to join the bandwagon to work towards increased efficiency, flexibility and better cost control. Best part, you get to also benefit from the […]
Celebrating 10 Years with 10% Off All Services
Today is a very special day for us at JS Partners. We are celebrating 10 years of providing financial and accounting services to clients all around the world 🙌🏻 Our journey the past decade were at times rife with uncertainties and challenges, but we always came out strong 💪🏻 10 years on, we are very […]
Step by Step Income Tax e-Filing Guide
👉 Are you a first-time taxpayer? Have you registered with LHDN?🕴️ 👉 Have you gotten your EA form from your employer and checked how much PCB was paid? 🧾 👉 Have you logged on to the e-filling website and familiarized yourself with it? 💻 Preparing and filing your income tax can be rather challenging for […]
e-Filing Submission Deadline – 15th April 2021
#PSA You have just 4 days left to file your personal taxes❗️ Now, the most dreaded question: Have you declared your earning to LHDN and claimed your tax reliefs? If you have done so, good job 👍🏻 and if you have not, stop procrastinating and remember to get it done before the deadline! The clock […]