Finance

LHDN Extends the Stamp Duty Special Voluntary Disclosure Programme: What Businesses Should Do Before 31 December 2026

Good news for businesses that have yet to regularise their stamp duty matters. The Inland Revenue Board of Malaysia (LHDN) has extended the Special Voluntary Disclosure Programme (Program Khas Pengakuan

Understanding Entertainment Expenses: Are They Tax Deductible?

Taking clients out for a meal, organising a company dinner, or hosting a business event are common ways to build relationships and strengthen professional connections. While these expenses may be

Understanding Capital Allowances: A Simple Guide for Malaysian Businesses

When businesses purchase assets such as machinery, computers, office equipment, or motor vehicles, many business owners assume these costs can be fully deducted as business expenses in the year they

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