[TAX UPDATE] Are Hungry Ghost Praying Expenses Tax Deductible?

Discover the tax treatment of Hungry Ghost praying expenses in Malaysia. Learn which costs are deductible under the Income Tax Act 1967.

taxKtp KtpSeptember 10, 2025praying expenses, Hungry Ghost Praying Expenses

[TAX UPDATE] CP500 : Why Landlords Are Suddenly Receiving Instalment Notices

In Malaysia, landlords and business owners may receive a CP500 notice from LHDN once rental income exceeds RM24,000. CP500 is not a new tax, but an instalment scheme to spread out payment on rental or business income tax instead of paying one lump sum at filing time.

taxKtp KtpSeptember 10, 2025CP500

[TAX UPDATE] MITRS Malaysia 2025 – What SME Bosses Must Know About the Updated Filing Programme

Stay compliant with MITRS Malaysia 2025. Learn deadlines, required documents, and how SME bosses can prepare with their tax agents to avoid penalties.

taxKtp KtpSeptember 8, 2025MITRS

(TAX UPDATE) Two New MyTax Features Every SME Boss Should Know: e-Derma and e-Kompaun

The Inland Revenue Board (HASiL) has introduced two new digital features on the MyTax platform—e-Derma and e-Kompaun. With e-Derma, institutions and organisations can now apply for tax exemptions online, while e-Kompaun allows employers and companies to manage and pay compounds without visiting HASiL counters.

taxKtp KtpSeptember 4, 2025e-derma, e-kompaun, mytax portal

(TAX UPDATE) Sales & Service Tax (SST) Expansion … What Businesses Need to Know Post-1 July 2025 PART II

taxKtp KtpAugust 20, 2025SST, expand SST

(TAX UPDATE) From Contracts to MOUs … Which Agreements Need Stamp Duty

Many SMEs unknowingly risk heavy penalties for not stamping agreements under the Stamp Act 1949. With LHDN now actively auditing businesses, documents like employment contracts, MOUs, service agreements, and partnership agreements are under the spotlight.

taxKtp KtpAugust 15, 2025stamp duty

(TAX UPDATE) Why So Many SMEs Still Ignore Transfer Pricing Rules

Transfer Pricing SME Exemption

(TAX UPDATE) E-Invoice Treatment for Foreign Employee

e invoice for employee

taxKtp KtpAugust 13, 2025e invoice, foreign employee

(TAX UPDATE) Group Relief in Malaysia : A 20-Year Journey of Change

What is a group relief?

taxKtp KtpAugust 12, 2025Group relief

(TAX UPDATE) Group Relief 2025: How SME Bosses Can Save Tax by Sharing Losses in the Group

What is a group relief?

taxKtp KtpAugust 7, 2025Group relief

(TAX UPDATE) When Your Tax Refund is Stuck and LHDN Won’t Let You Offset …The Hidden Cash Flow Trap for SMEs

tax credit set-off and tax refund

taxKtp KtpAugust 4, 2025Tax instalments, tax credit

(TAX UPDATE) When LHDN Decides Your Tax Estimate With The CP205

The amount of estimated tax payable issued via the Form CP205 is determined by the LHDN

taxKtp KtpAugust 1, 2025cp 205

(TAX UPDATE) Malaysia’s 2026 Carbon Tax: What Every SME Needs to Know Before It Hits

Malaysia is now set to introduce a carbon tax for select industries by 2026,

taxKtp KtpJuly 30, 2025

(TAX UPDATE) E-Invoice Malaysia: LHDN Finally Defines “Related Company”

LHDN Finally Defines “Related Company”

taxKtp KtpJuly 29, 2025e invoice, related company

(TAX UPDATE) Transfer Pricing 2025: Are You Audit-Ready Under Malaysia’s New Rules?

Are You Audit-Ready Under Malaysia’s TP New Rules?

(TAX UPDATE) “I Can Explain to IRB”: Why SMEs Fail to Defend Their Tax Deductions

Which is a tax deduction?

taxKtp KtpJuly 23, 2025I can explain, Tax deduction

(TAX UPDATE) Too Early, Too Late, Too Bad? The Costly Timing Mistakes SMEs Make with MIDA Tax Incentives

Mida tax incentive mistake malaysia

taxKtp KtpJuly 18, 2025mida tax incentive, MIDA

(TAX UPDATE) Sales & Service Tax (SST) Expansion … What Businesses Need to Know Post-1 July 2025

RMCD released five new Service Tax Policies (STP) to guide the implementation of the expanded service tax.

taxKtp KtpJuly 17, 2025SST, expand SST

Why More and More Accountant Parents Don’t Let Their Kids Study Accounting

Why do so many accountants quit?

AccountKtp KtpJuly 16, 2025accountant, Accounting

(TAX UPDATE) Warning to All PLT Owners : New SSM and LHDN Rules for PLTs

Trouble Ahead for PLTs? What SSM and LHDN Expect From You in 2025

taxKtp KtpJuly 16, 2025LLP

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