For those who think that tax planning is just a once-a-year chore – well, sorry to burst your bubble 🤑 but it’s actually crucial to plan ahead in order to save more taxes. In fact, there are key steps you…

Here we go again – tax season for Malaysians who garnered an income of at least RM34,000 in 2021 is coming up soon! 🤑 With the common objective to maximise tax refund, we have listed all the tax deductions and…

Did you know that with the introduction of SST, we enjoy the advantage of a lower cost of living because the seller pays the sales tax at the point of sale ONLY ONCE 🙌🏼 🧾 If you are wondering what…

Confused about income tax in Malaysia? 🤑 Don’t worry! In the coming weeks, we will be sharing and answering some important questions about the tax approach, taxable rates, exemption list, filing obligations and more! 📝 We know the tax code…

As a business owner, you probably spend a lot of time stressing about tax burden and compliance 😖 What if we tell you there’s actually a way to ease that burden? How? With effective TAX PLANNING! 💯 Yes, you read…

Are you looking for ways to reduce your taxable income and save more on taxes? 💰 The first step is to start early and plan ahead. It’s very important to estimate your income taxes for the particular year and make…

💰 A REMINDER FOR ALL EMPLOYERS 💰 You need to prepare and render to all employees (including new, existing and resigned) a statement of remuneration (EA for private sector employees; EC for public sector employees) on or before the last…

Are you looking for an all-in-one online accounting software? Let me introduce you to Xero which is designed to make life easier for SMEs – any time, anywhere 💯 Here are some of my favourite features: 🌟View invoices, contacts and…

The Ministry of Finance (MOF) just upda…

Before we wrap up the year, let’s make sure we are compliant with the tax law in the country 🇲🇾 As a refresher, the Inland Revenue Board [IRB] or also know as LHDN, requires individuals earning a minimum of RM34,000…