Investment Tax Allowances in Malaysia
Investment tax allowances (ITAs) can be used to artificially reduce taxable profits; what are the varieties available in Malaysia? Scroll down to find out! If you need more information, do reach out to us on Whatsapp at 012-2192490 for a 30-minutes FREE consultation!
Important Filing Dates 2020/21
This week we are going to talk about the important filing dates for 2020/21, make sure to save this so you don’t miss the deadlines. Need more information? We will be able to assist you with all matters relating to accounting, taxes and beyond. Fill in this form and we will get back to you! […]
All about the Real Property Gains Tax (RGPT), what do you need to know?
How is the Real Property Gains Tax (RGPT) calculated, and what kind of impact does it have on you? The RPGT would be a reality to all homeowners and real estate investors across Malaysia.Thanks to the new incentives announced during PENJANA 2020, Malaysians who sell off their residential property between 1 June 2020 and 31 […]
Things to be done before 31 December 2020
Things to be done before 31 December 2020 What do you need to know? Things to be done before 31 December 2020 What do you need to know? As we are nearing towards the end of the year, we have compiled the attachment below to help you better understand all you need to claim for […]
Tax Rebate for Set-up of New Businesses
Good news for new small businesses! The Malaysian government has introduced the tax rebate in the year 2020 to encourage the establishment of new businesses in the country. There is no better time to register your company! Here’s a breakdown on what you need to know about the tax rebate: Do reach out to our […]
Highlights – 2021 Budget : Tax Implications on Individuals and Businesses
Here are the highlights from Malaysia’s highly anticipated Budget 2021 amidst the challenges of the Covid-19 pandemic presented by Malaysia’s Finance Minister, YB Tengku Datuk Sri Zafrul Abdul Aziz. Do reach out to our dedicated team for more information! Just fill up the form and we will get back to you! – http://ow.ly/ZObm50zybOJ You can […]
Director’s Liability – “Will I be accountable for the debts owing by the company?”
One of the popular questions we get from directors usually revolves around the issue of their personal liability when it comes to their company’s debts: Will I be accountable for the debts owing by the company? What happens when the company has outstanding taxes that are not paid within 30 days from the date of […]
Things You Can Use Your EPF For
Here are 8 different things you probably did not know you could use your EPF/KWSP funds for. So you may ask, so how now? There are numerous options for EPF/KWSP withdrawals that aren’t known to many. That said, you must weigh the pros and cons of taking money out of your EPF accounts. The extra […]
Directors and Shareholders, who are they and what do they do?
Being new to the journey of entrepreneurship means there are many business jargons to get used to, especially if you are registering a company for the first time. Besides deciding the amount of paid-up capital and the number of shares for your company, you need to appoint directors and shareholders as well. Who are the […]
Tax Audit and Investigation
Tax audits or tax investigations are becoming increasingly common with the Self Assessment Standard (SAS) system. Tax audits are usually carried within a pre-defined time-frame and scope so that the taxpayer is able to adequately prepare the required information and documentation. On the other hand, tax investigations are often conducted by surprise as a more […]