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 Much Tax Relief Can You Claim for Your Education Fees? Up to RM7,000!
Maximise your tax reliefs! We are back with another common tax relief that is being missed out by most netizens. The “Education Fees Relief” for yourself! 📚 Have you been wondering if you should enroll yourself into a tertiary or doctorate education? 🎓 Take that MBA course that you have been thinking about! An individual […]
Tax Guide: All You Need to Know About Form E
‼️The tax filing season is upon us and today, we are going to shine some light on Form E! We will be sharing about: What is Form E Who Should Submit Form E What Are the Taxable Income for Monthly Tax Deduction (MTD) List of Benefits in Kind That Must Be Reported in Form E […]
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 […]
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 […]
[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? […]
Office Needs A New Look ?
Its time to renovate and refurbish your office ! Currently , expenditure incurred on renovation and refurbishment of business premises is not deductible for tax purposes. Following the economic stimulus package , the government had announced in order to encourage businessess to carry out renovation and refurbishment of their business premises, a deduction is given […]