Category: Uncategorized

[vc_row][vc_column][vc_single_image image=”2507″ img_size=”large” alignment=”center”][vc_column_text css=”.vc_custom_1565320104934{margin-top: 50px !important;}”] Check it out closely [/vc_column_text][vc_single_image image=”2508″ img_size=”large” alignment=”center” css=”.vc_custom_1565320251051{margin-top: 50px !important;}”][vc_column_text css=”.vc_custom_1565320206086{margin-top: 50px !important;}”] 1. Dormant companies A dormant company qualifies for audit exemption if it has been dormant from the time of its incorporation; or it is dormant throughout the current financial year and in the immediate…

[vc_row][vc_column][vc_single_image image=”2503″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] LHDN Latest Public Rulings Public Rulings No. 3/2019 Business Expenses In Respect Of Disabled Person The objective of this Public Ruling is to explain the tax treatment of business expenses incurred by a person for – (i) employing disabled persons as employees; and (ii) providing training to disabled persons who are…

[vc_row][vc_column][vc_single_image image=”2459″ img_size=”medium” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] What exactly is micro-business? well basically any business sales turnover not more than  RM300 or have employee less than 5. How is it different than Small-Business? Although there’s no stopping to label micro-business as small business, the operating costs and revenue collected are often significantly higher for a small business as…

[vc_row][vc_column][vc_single_image image=”2412″ img_size=”medium” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Royal Malaysian Customs Department introduced new sugar tax for sweetened beverages if the total sugar exceeded the threshold. This payment of importer of duty might bring increasing price of sweetened beverages. The import of sugary beverages especially drinks must be declared in Form K1 (declaration of goods imported) just like other imported…