The Inland Revenue Board of Malaysia (IRBM) has issued a new public ruling providing guidance on the 100% special allowance afforded to businesses for capital expenditure incurred on their purchase of small value assets. 💰Effective from 2020, the qualifying expenditure…
Remember the nice team lunch to celebra…
Tax residency in Malaysia is a common dinner table discussions among those living or working in the country. 💭 Questions like “Am I a tax resident in Malaysia?” and “Do I need to pay the taxes here?” are often asked.…
For many foreigners who have already carved out a home or career here in rapidly developing and sunny Malaysia, getting a Permanent Residency (PR) is usually the next step. That being said, with multiple short-term and long-term residency options available,…
Just like how we can’t run from persona…
How’s your MCO3.0 so far? 😷 With the closure of non-essential services and many others, we are left wondering what happens to the important deadlines and how to go about our formal affairs and business transactions – tax-related matters being…
Painful but necessary – that’s MCO3.0 in a nutshell 😪 The lockdown is needed to curb the spread of #Covid19 and to flatten the curve 📉 But it’s not going to be easy for everyone, with the possibility of affecting…
🇲🇾 Malaysia is one of Asia’s biggest business hubs with over 100,000 expatriates (expats) in the capital city, Kuala Lumpur. Our country is even voted as the #2 city for expats by InterNations 👏🏻 With the influx of foreign workforce…
We are back with another round of informative sharing session for you! 😉 Today, we are going to talk about Real Property Gains Tax (RPGT) 🏠 Do you know what RPGT is? Who needs to pay for it? How to…
Covid-19 pandemic destroyed jobs, but it also created entrepreneurs and business owners. We read and heard so many inspiring stories about laid-off employees starting their own business 👍🏻 Personally, we have seen some of the people around us start a…