Happy Vesak Day
🌸 Wishing everyone celebrating a peaceful and meaningful Vesak Day. May this special occasion bring happiness, compassion, inner peace, and positivity to you and your loved ones. May the spirit
What is Withholding Tax in Malaysia?
Withholding Tax (WHT) is one of the most important tax compliance areas for businesses in Malaysia, especially for companies making payments to foreign service providers or non-residents. Although many businesses
Income Tax for Influencers (KWSP Malaysia)
The Employees Provident Fund (KWSP) shared guidance for social media influencers and content creators regarding their tax responsibilities in Malaysia. According to the article, income earned through digital platforms is
LHDN e-Services (Malaysia)
The Inland Revenue Board of Malaysia (LHDN / HASiL) provides various e-Services through the MyTax Portal to help taxpayers manage their tax matters online more efficiently, securely, and conveniently. The initiative supports Malaysia’s digitalisation
Beware of Tax Scams (LHDN Malaysia)
The Lembaga Hasil Dalam Negeri Malaysia (LHDN) has warned the public to stay alert against scammers impersonating LHDN officers, police officers, or other authorities to deceive taxpayers. Common Scam Tactics Fake tax
Form B Submission for YA 2025 – LHDN Malaysia
Taxpayers with business income, including sole proprietors, freelancers, commission earners, and individuals with side businesses, are required to submit Form B for the Year of Assessment (YA) 2025 through the Inland Revenue Board
How Global Crises Affect Audit and Tax Practices
Global crises—whether economic downturns, inflation shocks, pandemics, geopolitical conflicts, or supply chain disruptions—have a direct impact on how businesses operate. These disruptions also significantly affect audit processes and tax compliance.
What Happens If a Company Fails Audit Submission?
In Malaysia, companies are generally required to prepare and submit audited financial statements in compliance with the Companies Act 2016. A failure to complete or submit audit requirements on time
Understanding the Role of a Company Secretary in Corporate Compliance and Governance
A company secretary (often called “CoSec”) is a key officer in a company responsible for ensuring that the business complies with legal and regulatory requirements. In Malaysia, this role is
Is PCB Deduction a Must? Understanding Monthly Tax Deductions in Malaysia
One common question among employees and employers in Malaysia is whether PCB (Potongan Cukai Bulanan) is mandatory. The short answer is: Yes — PCB deduction is compulsory in most employment