Tax and Secretarial Fee Tax Deduction Malaysia 2020

Special tax deduction is given for secretarial fees and tax filing fees up to RM15,000 for each YA with effect from

taxKtp KtpDecember 31, 2020Tax fee, Secretarial fee

SME Tax Rate Malaysia 2020

Preferential tax rate, where the corporate income tax rate on the first RM600,000 of chargeable income of an SME1 is taxed at 17%, with the….

taxKtp KtpDecember 30, 2020SME, tax rate

Special Deduction for Renovation & Refurbishment of Business Premise

Normally, renovation and refurbishment expenses of business premises are not allowed as tax deductions. ... BUT….

taxKtp KtpDecember 29, 2020special deduction on rennovation, Penjana

我借朋友了一笔钱一直拖着不还, 可以通过什么方法？

Auditor不断问 Account中的贷款 ….

tax, AuditKtp KtpDecember 22, 2020small debt, small claim court

8 out 10 HR don’t do this for IRB (According to our experience)

Update employees new detail and address ... Hold employee payments until the Tax Clearance ... You are advised to inform LHDNM immediately of any.

taxKtp KtpDecember 21, 2020tax clearance, new employee, resignation of employee

DOUBLE deduction for remuneration of employees

Tax deduction x 2 for hiring of senior citizens or ex-convicts ...

taxKtp KtpDecember 17, 2020double deduction

所得税论 - 买新车或旧车

马来西亚买新车还是二手车

taxKtp KtpDecember 9, 2020Tax, public ruling, passengercar

The complete guide on personal tax relief 2020

Practical Tax Saving Tips is to Maximise Tax Relief Available

taxKtp KtpDecember 3, 2020tax, personal relief

Marilyn Monroe "7 year itch" movie to remind taxpayer on keeping sufficient record !

What records that are to be kept or retained for the purpose of income tax?

taxKtp KtpDecember 1, 2020tax, AccountingRecords

Can you claim special deduction on RENTAL & RENOVATION under PENJANA Stimulus Package now ?

Do you know law is not law until the law is gazetted?

taxKtp KtpNovember 29, 2020tax, special deduction on rental, deduction on renovation

Case Study # 1 Buy assets OR shares of my competitor?

There are two core methods to buy or sell a business: an asset purchase or a share purchase. An asset purchase requires the sale of individual assets. A share purchase requires the purchase of 100 percent of the shares of a company, effectively transferring all of the company's assets and liabilities to the purchaser.

taxKtp KtpNovember 27, 2020case study

Update key summary of service tax 6% on digital services

Effective 01 January 2020, provision of digital service from foreign service provider (FSP) to consumer in Malaysia is subject to service tax.

tax, SSTKtp KtpNovember 26, 2020SST, digital service, FRP

{Please Read} Update on IRB new payment instruction ....

No more tax payment via post/courier….

taxKtp KtpNovember 25, 2020tax payment

The TAX impact on my company pay/subsidy my family trip

Leave passage refers to vacation time paid for by your employer, and is divided into two categories: local and overseas. You are entitled to tax exemption not exceeding three times in a year for leave passage within Malaysia, and one leave passage outside Malaysia not exceeding RM3,000

taxKtp KtpNovember 24, 2020leave passage, family trip