Finance

Why Your Bank Statement Should Always Match Your Management Accounts

One of the first documents requested during an audit or year-end review is the company’s bank statement. At the same time, auditors and accountants will compare it with your management

7 Common Payroll Mistakes Malaysian Employers Should Avoid in 2026

Payroll is more than simply paying employees on time. It involves complying with statutory requirements, maintaining accurate employee records, and ensuring contributions and tax deductions are correctly calculated. Even small

KWSP Goes Digital: What Employers Should Know Before July 2026

As Malaysia continues its digital transformation, the Employees Provident Fund (KWSP/EPF) is taking another significant step towards enhancing efficiency and convenience for employers. Effective 1 July 2026, KWSP will cease

PERKESO Lindung 24 Jam: A New Layer of Protection for Employees

Employee protection has always been an important part of every employer’s responsibility. As workplace environments continue to evolve, social security coverage is also expanding to provide better support for employees.

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