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Tax13 May 2020

99.9% of taxpayers ask these tax questions on bad debts

Illustration for 99.9% of taxpayers ask these tax questions on bad debts

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During this economic crisis, Companies are unable to recover their debts and choose to treat as bad debts.

Therefore, it is important for them to take some necessary steps for tax saving on bad debts.

However, have adequate action taken against the bad debts from LHDN perspective?

What is the tax treatment if you recover the bad debts one day?

We are here to provide some FAQs on the bad debts tax question.

Interested to know more? We had prepared a short video for your easier understanding.

FAQs on bad debts tax treatment

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