Malaysia Day
Happy Malaysia Day! 🎉 As we celebrate Malaysia Day, let us cherish the spirit of unity, diversity, and togetherness that makes our nation special. 🤝✨ May we continue to grow
LHDN Introduces e-Invoice Special Voluntary Disclosure Programme: What Businesses Need to Know
With e-Invoice becoming an increasingly important part of Malaysia’s tax administration system, businesses are expected to ensure that their invoicing processes are accurate and compliant. Recognising that businesses may encounter
PERKESO Contribution Calculator: A Simple Tool for Employers to Check Their Contributions
Calculating statutory payroll contributions can sometimes be confusing, especially when businesses have employees with different salary levels, ages, or employment categories. To make the process easier, PERKESO has introduced a
SST Updates August 2026: What Businesses Should Review Before Charging Sales Tax
Malaysia’s Sales and Service Tax (SST) continues to evolve, and businesses need to keep up with changes to ensure that the correct tax treatment is applied to their sales and
How Poor Supporting Documents Can Affect Your Tax Computation and Audit
When preparing a company’s accounts, supporting documents may sometimes be treated as an administrative matter — invoices are filed, receipts are kept, and the accounting entries are recorded. However, supporting
Tax Submission Reminder for Companies with December Year-End
Important Tax Deadline for YA 2025 If your company’s financial year ended on 31 December 2025, it is time to ensure that your Company Tax Return (Form C) and related
Repairs or Capital Expenditure? Understanding the Tax Treatment of Repairs in Malaysia
Businesses regularly spend money maintaining their offices, equipment, vehicles, machinery and other assets. But when preparing the company’s tax computation, an important question arises: Is the expense a deductible repair,
MITRS Tax Document Submission: What Malaysian Companies Need to Know
Tax compliance is no longer limited to submitting a company’s income tax return. With the introduction of the Malaysian Income Tax Reporting System (MITRS) under Section 82B of the Income
5 Common Mistakes Companies Make After Completing Their Annual Audit
Completing the annual audit is a major milestone for any company. After weeks of preparing documents, answering audit queries and making necessary adjustments, receiving the final audited financial statements can
Accounting Profit vs Taxable Profit: Why Are They Different?
One of the most common questions business owners ask after receiving their financial statements is: “Our company made RM100,000 profit. Why isn’t the tax calculated directly on RM100,000?” The answer