Date: 26th November 2021 Time: 3pm Venue: Zoom Overview:We will highlight the latest income tax and SST developments and provide participants with a practical understanding of the key tax changes presented in the 2022 Budget Proposals. Who Should Attend:Business Owner, Accountants, Finance Managers Register Here Speaker: Pang Kang Hong has over 15 years of working experience […]
A lot of the Small and Medium Enterprises (SMEs) think that they owned all the companies and why does transfer pricing matter to them? Yes, it does matter. Why? Because the Inland Revenue Board (“IRB”) do not see the Group as ‘One Company’. As you are aware, budget 2021 has finally passed in the parliament on […]
During this COVID-19 pandemic, more businesses are starting to use digital advertising (such as google ads, facebook ads, linkedin, etc.) to survive from this pandemic. Businesses should take note on the following direct/indirect tax implications when making payment to non-resident (“NR”) for using the digital advertising before being penalized by the relevant authorities: Most businesses […]
According to LHDN on their website, compensation for the loss of employment is a payment made by an employer to his employee before or after the date of termination, and a certain amount of this payment is exempted from tax. The same applies to severance packages such as Voluntary Separation Schemes (VSS). However, compensation received […]
Let’s begin with looking at some obvious and easily recognizable red flags that should make you stop and rethink your decision of investing in the company. Remember, red flags are the potential threats that may lie buried deep within the financial statements of a company. While most investors are not chartered accountants or financial analysts, […]
We will never stop supporting your business during MCO2.0, all our specialists and consultants are readied to assist and consult you during this movement control period. Don’t worry, we are in this together, and let’s do it better than the previous MCO, keep the business running and strive for the best outcome! For support and […]
Motivation is an important life skill. The reason it’s important is that every person on this earth is unique and has a purpose. To steward your purpose well, you have to be motivated to work towards your goals which helps your dreams become a reality. Without motivation, you can’t achieve anything. There are no goalposts […]
An online business needs to be registered just like a regular business. By registering your business, you can reap the advantageous structures in place which are put there to assist businesses, and this include a credible image, tax incentives and perpetual succession. The Companies Commission of Malaysia or known locally as Suruhanjaya Syarikat Malaysia (SSM) […]
This is the most commonly asked question by our clients in filling up the Form CP204. In order to calculate the possible tax payable for the coming year, the company must made several assumptions and projections based on the current year’s management results. It is important to predict what will happen based on what is […]
Sdn Bhd company is the preferred choice as it brings numerous benefits in legal matters and in raising financial capital. The main reason why a Sdn Bhd company is the best option for you is because this structure outweighs all the other structures, mainly because you will not be liable for any loss or damage […]