4 Key Tax Benefits For Businesses
We can all agree that in the past couple of months, we have heard or even seen businesses around us closing down or struggling to stay afloat due to the #Covid19 pandemic. 😢 Heartbreaking, we know… But let’s stay focused on effective tax planning and start looking into the benefits for businesses. Did you know […]
[VIDEO] Resignation & Removal of a Director From the Company
We are back with a new video from our series about company issues with Sukhdev Kaur 🙌 We will be discussing the key process and must-knows regarding the resignation and removal of a director from the company. Highlights on some of the topics covered: Difference between a designated director and a statutory director Resignation process […]
[Infographic] Everything You Can Claim As Income Tax Relief For The Year 2020
Does the word EA FORM ring a bell? 😅 We sure hope it does, because we are nearing that time of the year when you will be receiving your EA form and soon be looking for ways to maximize your tax reliefs. And as typical as it sounds – we know that despite it being […]
FAQ: Beneficial Ownership Reporting Framework of Legal Persons
Corruption…Money laundering…where do we even begin? Well, let’s start with the fact that it is becoming increasingly common to see the use of anonymous companies to hide links to sources of funds and enable corruption. That would obviously explain why in recent years, we have seen a spike in corruption issues and money laundering scandals […]
RM 2.6 Billion Dollar Question on How Gift Should Be Treated?
This is a question we get asked a lot – do I need to pay taxes when I receive a gift? Well, the simple answer is no. BUT in the event whereby the tax authorities ask for capital statements, it could become an issue because let’s be honest, most of us do not record or […]
Engage a Virtual Chief Financial Officer
As we adapt to the new norm and flexible work arrangements, have you ever considered engaging a virtual Chief Financial Officer (CFO)? What is a virtual CFO? A virtual CFO basically handles all the duties of a traditional CFO, but work remotely and would monitor the financial aspect of the business, usually with cloud technology […]
[VIDEO] 5 Tax Preparation Strategies Every Entrepreneur Should Know
Do you want to maximize your entrepreneurial tax advantages and make the upcoming tax season less “taxing”? Check out our recent sharing session with Jonah Sia on 5 Tax Preparation Strategies Every Entrepreneur Should Know. Organise your tax paperworks Understand qualified deductions and credits Take advantage of the latest tax laws Itemize business expenses Prepare […]
Affluent Personalities: Shivajini Seelan
Managing Partner, Shivajini Seelan was featured in the Affluent Personalities section which highlights industry remarkable personalities and exceptional organizations. Read on to find out more about the importance of taxation, Covid-19 implications on the market condition, and tips for aspiring entrepreneurs. “Dear Ms Shivajini, can you kindly introduce yourself particularly about your company JS PARTNERS? […]
Plan and Manage Your Corporate Finances Better
Financial planning and management are one of the most important aspects in business. If you own or run a startup, a new business or it could even be a family-run business, you need to plan, organise, control and monitor your business finances. Why? Because good financial management brings about significant advantage for the business to […]
Joint or Separate Assessment?
Most people have the perception that a couple enter into a wedded bliss – the most perfect and romantic time of a couple’s life together – right after their wedding. Along with its many joys, marriage brings new challenges. Like it or not, saying the words “I do” means committing, among other things, to making […]