Blog

SSM提醒商家提防假冒Auditor

SSM提醒商家提防假冒Auditor
View Full Size

SSM提醒商家提防假冒Auditor

2016 - 2019 年期间,总共发生了 13 单假冒 Auditor 事件. 公司委员会 SSM 已经忍无可忍了,因此特地发布了一项提醒商家提防假冒Auditor文告.

五个特征假冒的 Auditor as per SSM :

1. 收费非常便宜

2. 假冒的审计师会要求商家把 Audit Fee 转账至非受认证审计公司的银行户头.

3. 假冒签名假冒 report

4. 一条龙包山包海 services

5. 伪装成合格审计师

可以通过 MIA 网站查询审计师 (auditor)

https://www.mia.org.my/v2/membership/services/member_firms_directory.aspx

可以通过 MIA 网站查询会计师 (accountants)

https://www.mia.org.my/v2/membership/services/member_search.aspx

可以通过 IRB 网站查询 税务代理人 (tax agent)

https://mycukai.treasury.gov.my/portal/carian-lhdn-public

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

SOCSO free Covid 19 self-test kit to employer

SOCSO free Covid 19 self-test kit to employer
View Full Size

SOCSO free Covid 19 self-test kit to employer

SOCSO will provide Covid-19 self-test kits to employers for their staff to do screening tests.

Test kits will base on the number of employees who actively contribute to SOCSO.

The objective is to help employers so that they are able to perform the Covid-19 screening test in a shorter time frame.

Check out SOCSO’s official website at www.perkeso.gov.my or contact SOCSO’s Careline at 1-300-22-8000..

It is very easy and fast based on our experience.

 

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

海外收入汇回大马时 将被征税

海外收入汇回大马时将被征税
View Full Size

海外收入汇回大马时 将被征税

不要忘记双重税收减免 (可扣除已在国外缴纳的税务)

以前,大马只对在该国产生或来自该国的收入征税, 居民的外国收入在大马 不征税.

但 … 2022 年 1 月 1 日起

海外收入汇回大马时将被征税

双重税收减免

税务居民有权在大马税收中申请双重税收减免.

如果存在条约,可用的抵免税额为已支付的全部外国税款或征收的大马税款,以较低者为准.

在没有税收协定的情况下,可用的抵免仅限于已付外国税款的一半.

双重征税协定 (DTA)

双重征税协定 (DTA) 的目标是避免或尽量减少双重征税.

这主要是通过居住国给予双重税收减免.

支付的外国税款可以在相同利润的大马税款中抵免.

如何申请双重税收减免

税收协定减免可以在纳税人的所得税申报表中提出, 也可以在相关年度结束后的两年内提出协定减免的书面请求。

马来西亚的双重征税条约

截至 2019 年 6 月 21 日,大马 DTA 的列表

https://www.hasil.gov.my/bt_goindex.php?bt_kump=5&bt_skum=5&bt_posi=4&bt_unit=1&bt_sequ=1&bt_lgv=2

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

2021 Employment Act Amendment Malaysia

2021 Employment Act Amendment Malaysia
View Full Size

2021 Proposed Amendments to the Employment Act tabled in Parliament

On 25 October 2021, the Employment (Amendment) Bill 2021 (“Bill”) was tabled before Parliament for the first reading.

Proposed amendments to the Employment Act 1955 (“EA”) have been long overdue; the Bill tabled differs substantially from its first iteration uploaded on the Ministry of Human Resources’ website in 2018.

Key summaries of the proposed changes

1. Maternity leave

2. Paternity Leave

3. Flexible Working Arrangements

4. Sexual Harassment

5. Presumptions of employment

6. Working Hours

7. Calculation of wages for incomplete month’s work

8. Apprentices

9. & mores

Source :

Donovan & Ho

https://dnh.com.my/2021-proposed-amendments-to-the.../

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

How to amend tax return after filing

How to amend tax return after filing
View Full Size

How to amend tax return after filing

Overview

Inland Revenue Board (IRB) allows taxpayers to file an Amended Return Form (ARF) if taxpayers need to fix an error or mistake and result in under-payment of taxes.

However, how about if the taxpayer has overpaid the taxes because forgot to claim a tax credit or deduction in Income Tax Return Form (ITRF)? Don't worry, the taxpayer can make an application for relief under Section 131 and 131A of the Income Tax Act 1967 (ITA).

Let's see the conditions and procedure to be satisfied with the application.

Key takeaway:

You will understand:

1. What is considered an error or mistake in ITRF?

2. What are the time frames for the application?

3. What are the conditions for application?

4. How to apply for relief?

Summary of learning:

What is considered an error or mistake in ITRF?

The taxpayer had paid excessive tax because of the following reason:

- Error or omission to deduct an allowable expense

- Arithmetical error

- Misleading of laws

- Income for the previous YA is reported in current YA

- Other non-error or mistake, for example, approval of tax exemption under Promotion of Investment Act 1986.

What is the conditions for application?

The conditions under Section 131 and Section 131(A) of ITA are:

1. To take note that the application will not be considered if the ITRF is in accordance with known stand, rules and practices the DGIR prevailing at the time when the assessment is made.

o Example of the known stand, rules and practices are private ruling or advances ruling, guidelines by IRB, case law and any other written evidence.

2. Taxpayer must pay all the taxes for the relevant year of assessment.

3. Taxpayer must make an application within the time frames after the year assessment.

What are the time frames for the application?

The application for the relief can be made within the following time frames:

i. Within 5 years after the end of the year:

o The errors or mistakes found after the end of the year of assessment in which the assessment is deemed.

o Approval of any exemption, relief, remission, allowance or deduction is granted after year assessment in which the ITRF is furnished; or

o Deduction is granted under ITA or written law gazetted after the ITRF is furnished;

ii. Within 1-year after the end of the year:

o Deduction on expenses is allowed after the payment of withholding tax and related increased taxes.

How to apply for relief?

Taxpayers can make an application for relief by a letter or Form CP15C by stating the reason in detail relating to the application.

Sources:

Public Ruling 7/2020 Appeal Against An Assessment And Application For Relief

https://phl.hasil.gov.my/pdf/pdfam/PR_07_2020.pdf

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Overview of Transfer Pricing Threshold Malaysia

Overview of Transfer Pricing Threshold Malaysia
View Full Size

Overview of Transfer Pricing Threshold Malaysia :

Every taxpayer who has entered into controlled transactions with “associated persons” is required to prepare transfer pricing documentation.

However, the compliance requirements for transfer pricing documentation may differ depending on the factors, such as gross business income, amount of related party transactions or financial assistance.

Key takeaways:

You will understand: -

1. Duty to prepare transfer pricing documentation

2. Threshold to determine the compliance requirements

Summary of learning:

A) Duty to prepare transfer pricing documentation

i. Taxpayer is required to ensure all related party transaction to be conducted at arm’s length price, i.e. the price which would have been determined if such transactions were made between independent entities under the same or similar circumstances.

ii. Therefore, transfer pricing documentation is important to setting the inter-company pricing arrangements for the controlled transactions.

iii. Example of controlled transactions:

a. Sales or purchases of raw materials, stock in trade or other tangible assets;

b. Royalties / license fees / other types of considerations in connection with use of intangible assets;

c. Management fees including charges for financial, administrative, marketing and training services;

d. Research and development;

e. Any other services not previously mentioned;

f. Rents / lease of assets;

g. Interests; or

h. Guarantee fees.

B) Transfer pricing threshold

i. According to Transfer Pricing Guidelines, taxpayers have to prepare Contemporaneous Transfer Pricing Documentation (full documentation) if:

- Gross business income exceeding RM25 million, and total amount of related party transactions exceeding RM15 million; or

- Provision of financial assistance exceed RM50 million.

ii. Taxpayers who fall outside the above threshold may opt to prepare Abbreviated Transfer Pricing Documentation.

Stay tune in our next ektp on “contents in transfer pricing documentation”

Sources:

- Transfer Pricing Rules 2012:

http://phl.hasil.gov.my/pdf/pdfam/MalaysianTransferPricingGuidelines2012.pdf

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Transfer pricing penalty from LHDN

Transfer pricing penalty from LHDN
View Full Size

Transfer pricing penalty from LHDN

Budget 2021 was announced on 06.11.20, Inland Revenue Board of Malaysia (IRBM) has proposed a new Section 140A(3A) to penalize incompliance of Transfer pricing (TP) rule.

As we can see, transfer pricing has becoming increasingly important and practically all tax payers that have related party transactions need to pay attention to this penalty.

In simple terms, taxpayer who has entered into controlled transactions with “associated persons” is required to prepare transfer pricing documentation.

Key takeaways:

You will understand: -

1. Who is “Associated person”

2. Penalties for non-compliance

Summary of learnings:

A) Associated persons:

i) person one of whom has control over the other. For examples: companies are having a common director or shareholder.

ii) individuals who are relatives of each other. For examples such as parent, a child, brother, sister, uncle, aunt, nephew, niece, cousin, an ancestor or a lineal descendant.

iii) persons both of whom are controlled by some other person. For examples:

(a) Holding and subsidiary company

(b) associated company (who having same holding company)

B) Penalties for non-compliance:

IRB will issue a letter (request for documents and information) to the taxpayer. The taxpayer is required to reply to the letter within 14 days and submit TP documentations within 30 days.

i) Failure to prepare TP documentations or TP documentations not prepared according to TP guideline: -

30% to 50% penalties on additional tax payables

With effective of 1/1/2021,

ii) Taxpayers that fail to submit TP documentation within 30 days upon request can be fined between RM20,000 and RM100,000 and/or to imprisonment for a term not exceeding six months

iii) A ‘Surcharge’ up to 5% of the total TP adjustments might be imposed. (This is to imposed penalty on company not paying taxes after the TP adjustments)

Sources:

- Transfer Pricing Rules 2012:

http://www.hasil.gov.my/bt_goindex.php?bt_kump=5&bt_skum=20&bt_posi=1&bt_unit=1&bt_sequ=3&bt_lgv=2

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

3 wishlist for transfer pricing documentation (TPD) on SME for the Budget 2022.

3 wishlist for transfer pricing documentation (TPD) on SME for the Budget 2022.
View Full Size

3 wishlist for transfer pricing documentation (TPD) on SME for the Budget 2022.

SME is required to prove group and related party transactions to be arm length under Section 140A of The Income Tax Act 1967 (ITA).

Problems to SME for TBD compliance

  • How many SME understand arm length?

  • How many SME afford the fee for transfer pricing documentation?

  • How many SME know benchmarking testing, functional analysis, cost plus method?

Wishlist for SME on TPD

  • Exemption below certain threshold.

  • Safe harbour ruling where 5% mark up on low value added service is acceptable.

  • IRB publish arm length rate/data to SME.

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Covid 19 检验可以扣税吗 ?

Covid 19 检验可以扣税吗 ?
View Full Size

Covid 19 检验可以扣税吗 ?

 

纳税人尤其是雇主在 2021 年常见的问题:Covid 19 测试产生的费用是否有任何税收减免?

最后,根据 2021 年所得税(与 2019 年冠状病毒病 (COVID-19) 员工检测测试成本相关的费用扣除)规则,一项新裁决将于 2021 年 10 月 11 日发布。

关键摘要

特别扣税

 

雇主检测 covid 19 费用能双重扣税 (扣税 x 2) on 其员工在 2021 年 1 月 1 日 至 2021 年 12 月 31 日期间

条件

 

扣税应当出示执业医师的收据和证明.

KTP/THK 关键要点

IRB 可以预测 Covid 19 将在 2021 年消失,因为 IRB 允许扣税到 31/12/21 之前.

无论如何,这是在这期间减轻雇主负担的可喜举措。

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

哪一个要还消费税...支出费用 vs 报销费用

哪一个要还消费税...支出费用 vs 报销费用
View Full Size

支出费用 vs 报销费用...哪一个要还消费税?

让我们在 3 分钟内解决您的困惑。

定义

  • 支出费用 : 索赔人作为代理人代客户追回费用

  • 报销费用 索赔人作为委托人向客户追回一笔费用.

备注:索赔人是SST注册人,代表客户支付费用。

服务税的处理 - 支出费用

  • 无需缴纳服务税

  • 索赔人是客户的代理人

  • 没有额外的费用和涨价付款

  • 服务提供商应向索赔人的客户开单

  • 客户知道服务提供商是谁以及实际发生的费用.

  • 服务提供商的账单和索赔人的账单是一起发给客户的

服务税的处理 - 报销费用

  • 需缴纳服务税

  • 索赔人作为客户的委托人

  • 额外费用和加价付款

  • 服务提供者应向索赔人开单

  • 客户不知道服务提供者是谁以 及产生的实际成本

  • 仅向客户签发索赔人的账单

参考

RMC Guide on Disbursement and Reimbursement

https://mysst.customs.gov.my/assets/document/Specific%20Guides/Disbursement%20and%20Reimbursement.pdf

KTP/THK key takeaways

如果您在阅读 SST 官方指南后仍然感到困惑,请与我们联系。 口译报销和支付的错误可能代价高昂

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

如何轻轻松松关闭 Sdn Bhd

如何轻轻松松关闭 Sdn Bhd
View Full Size

如何轻轻松松关闭 Sdn Bhd

如果你没有正确关闭公司, SSM、IRB、RMC、SOSCO、EPF 等的政府机构将在未来内对你严重罚款.

2016 年《公司法》第 550 条规

2016 年《公司法》第 550 条规定, SSM 可以主动或应公司董事、成员/股东的申请将公司 “删除”.

根据第 550 CA 2016 条申请的条件

  1. 股东大会已通过发起删除公司 公司没有进行的营业与否.

  2. 公司提出申请的时间 无资产和负债.

  3. 公司没有未清的罚款.

  4. 公司无未缴税款.

  5. 公司向 SSM 提供的信息已是最新.

  6. 公司不涉及任何法律诉讼 在马来西亚境内或境外进行.

  7. 公司未进行任何资本回笼 给股东.

  8. 该公司并非控股公司.

  9. 公司不是“担保公司”

KTP/THK key takeaways

和我们谈谈。 我们可以一起解决您的财务困境

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

一定要出律师信....坏账才可以扣税吗?

一定要出律师信....坏账才可以扣税吗?
View Full Size

一定要出律师信....坏账才可以扣税吗?

让我们参考 IRB Public Ruling 4/2019 坏账被定义为 在采取适当措施收回后被认为无法收回的债务 :

  1. 发出提醒通知

  2. 债务重组计划.

  3. 债务清偿的重新安排.

  4. 有争议的债务的谈判或仲裁.

  5. 法律诉讼.

KTP/THK key takeaways

不必要出律师信....坏账才可以扣税吗?

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

What is the registration of charges with SSM?

What is the registration of charges with SSM?
View Full Size

What is the registration of charges with SSM?

SSM fine director RM50,000 for failure to keep the instrument of charges.

What are charges

A mortgage and any agreement to give or execute a charge or mortgage whether upon demand or otherwise.

Type of Charges

a) Fixed Charge A charge which attaches to specific/ fixed assets owned by the company. The company cannot deal with the assets (example dispose of the property or machinery) without prior consent.

b) Floating Charge A charge is held over current assets that can change over time. The company can deal with the charged assets to maintain its business.

When to lodge a charge?

Statement of particulars with/ without debenture needs to be lodged within 30 days from the date of creation of the charge. (unless accompanied by a court order for extension of time).

Certificate of Registration of Charge will be issued.

When there is a charge, subsequently there will be discharged

When the debt of charge has been paid or satisfied, the company shall lodge

  • Memorandum of satisfaction of charge;

  • Evidence of satisfaction of charge;

  • Statutory declaration verifying memorandum

Due date: Within 14 days from the date of satisfaction of charges.

Registration fee : Local company RM50.00 ; Foreign Company RM150.00

Upon successfully registering for discharge, a Certificate for Discharge will be issued.

KTP/THK Key Takeaways

Keep these at the register office for any inspection.

1. The certificate of charge and

2. The certificate of discharge

The following offence is subject to a fine not exceeding RM50,000

1. Keep instruments of charges

2. Register of charges

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

如果我收购亏损公司,税收亏损可以继续吗?

如果我收购亏损公司,税收亏损可以继续吗?
View Full Size

如果我收购亏损公司,税收亏损可以继续吗?

不要告诉 KTP 为什么我不可以使用税收亏损当我收购一家亏损公司时

税收损失案例研究

请问各位大大,公司是 Sdn Bhd, business nature 要改,公司名也改,shareholder 也改

…….那么以前的生意到最后是 loss 的,loss 到差不多要跟capital的数目一样了。

请问原本的 loss 要怎么做? 因为新的business 会进新的 capital …

我可以 continue 使用 loss ?

根据所得税法未吸收的税收亏损

该法有两项重要的关于利用税损结转的规定。

  1. 股权连续性 2005 年

  2. 延续税收亏损 2019 年

股权连续性 2005 年

自 2005年起,税收亏损的使用须接受股权连续性测试.

只有当 DGIR 认为在未吸收的业务损失和资本津贴须接受股权连续性测试公司50%以上的股东在纳税期最后一天与该损失将被利用的纳税期首日相同.

延续税收亏损 2019 年

从 2019 课税年开始,规定了税收亏损结转至最多连续七 (7) 个纳税年度的时间.

这与 2019 课税年之前存在的无限期时间不同.

2019 课税年度税收亏损只能使用至 2026 课税年度。此类损失将从 2027 课税年度中忽略.

通过过渡条款,因此,在 2018 年之前累计的亏损和在 2018 年出现的亏损只能带下到 2025 年截至 2018 年度之前累积的税收亏损。这些金额可以在连续七 (7) 个课税年度使用.

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

Special Investment Tax Allowance for E&E Industry

Special Investment Tax Allowance for E&E Industry
View Full Size

Special Investment Tax Allowance for E&E Industry

The Special Investment Tax Allowance for the Electrical & Electronic (E&E) Sector incentive was announced in the National Budget 2020.

The Income Tax (Exemption) (No.10) Order 2021 (“Exemption Order”) has been gazetted and is effective from 1 January 2020.

Key salient features of Special Investment Tax Allowance for E&E Industry

  • Investment Tax Allowance of 50% on qualifying capital expenditure to be offset against 50% of Statutory Income.

  • The exemption period is valid for a period of 5 years starting from the date of the approval letter.

  • This Special Investment Tax Allowance is to encourage companies in the E&E sector that have exhausted the Reinvestment Allowance in Malaysia to further reinvest in Malaysia.

  • Manufacturing company incorporated under the Companies Act, 1965/2016, and residents in Malaysia.

  • Possess valid Business License from the relevant Local Authority.

  • Possess Manufacturing License (ML) from MITI or Confirmation Letter of Exempted from Manufacturing License from MIDA.

  • The applicant company is engaged in manufacturing activities in the

  • E&E sector.

  • The minimum investment in the related proposed projects shall be at least RM1.5 million in capital expenditure within a period of five (5) years.

  • The company to incur the minimum yearly operational expenses (as proposed by the company);

  • The company to hire a minimum number of Malaysian full-time workers (as proposed by company).

  • The applicant company shall at least satisfy one (1) of these

  • following conditions

    1. Vendor Development Program or

    2. Human Capital Development Program

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Employer Tax Audit Framework

Employer Tax Audit Framework
View Full Size

 

Employer Tax Audit Framework

Are you ready for ''payroll'' tax from IRB?

IRB has released the Employer Tax Audit Framework recently which outline the duty & responsibility of employers from :

1. Form E

2. Form EA

3. Notification of new employee

4. Notification of resignee

5. MTD/PCB

6. & etc

Key summaries from our last posting relating to the employer duty & responsibility :

1. IRBM Newsletter July 2021 (23.07.21)

https://www.ktp.com.my/blog/irbm-july-newsletter/23july21

2. E呈报 (E Filing) Form E 终极秘籍 (15.03.21)

https://www.ktp.com.my/blog/e-filing-form-e/12march2021

3. Form E 截至日期为31/03/2021 (12.03.21)

https://www.ktp.com.my/blog/form-e/12march2021

4. 什么是 e-PCB ?e-Data PCB ?e-CP39 (3.3.21)

https://www.ktp.com.my/blog/pcb/03march2021

5. Form EA 有什么? (22.2.21)

https://www.ktp.com.my/blog/formea/22feb2021

6. 董事医疗费 免税 实物受益(BIK)??? (19.02.21)

https://www.ktp.com.my/.../medical-fee-control.../19feb2021

7. 1分钟学习“如何在BIK / Perquisites计算PCB” (17.02.21)

https://www.ktp.com.my/blog/pcb-bik-perquisites/17feb2021

8. When to declare bonus into Form EA? 花红几时需要报进Form EA? (16.2.21)

https://www.ktp.com.my/blog/bonus-formea/16feb2021

9. IRB tax audit on employers on CP21, CP22 & CP22A (1.2.21)

https://www.ktp.com.my/.../irb-tax-audit.../01feb2021

10. Employer Tax Obligation under Income Tax Act - Resignation & New Employee dated (12.1.21)

https://www.ktp.com.my/blog/newcp21-cp22-cp22a/12jan2021

11. 8 out 10 HR don’t do this for IRB (According to our experience) (21.12.20)

https://www.ktp.com.my/blog/taxclearance/2020dec21

12. A 3 minutes video (Chinese language) to learn benefits- in-kind and perquisites in PCB. (4.6.20)

https://www.ktp.com.my/.../tax-strategies-covid19...

Key takeaways

  1. Stay updated on the lasted tax ruling and requirement on the employer’s duty and responsibility

  2. Get connected on regular basis with your payroll software vendor on any changes in the regulation.

  3. Regular review of your employment handbook/handbook on any changes in the employer regulation.

Source:

IRB : Rangka Kerja Audit Majikan

http://phl.hasil.gov.my/.../RK_Audit_Majikan_01102021.pdf

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

Tax incentive for relocating to Malasia

Tax incentive for relocating to Malasia
View Full Size
Do you know our government offer 0% tax 10 - 15 years for relocation to Malaysia?  T & C apply.
 
Full story in our blog
https://www.ktp.com.my/blog/tax-incentive-relocation-to-malaysia/12oct21
 
Source : 
MIDA Guidelines 
https://www.mida.gov.my/faq/faq-penjana-accordion/
 
𝐕𝐢𝐬𝐢𝐭 𝐮𝐬 
Wisma 𝐊𝐓𝐏, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
Wisma 𝐓𝐇𝐊, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
 
𝐊𝐓𝐏 (𝐀𝐮𝐝𝐢𝐭,𝐓𝐚𝐱, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲) 
An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients
 
Website www.ktp.com.my
Instagram https://bit.ly/3jZuZuI
Linkedin https://bit.ly/3sapf4l
Telegram http://bit.ly/3ptmlpn
 
𝐓𝐇𝐊 (𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥, 𝐀𝐜𝐜𝐨𝐮𝐧𝐭/𝐏𝐚𝐲𝐫𝐨𝐥𝐥, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲) 
A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients
 
Website www.thks.com.my
Facebook https://bit.ly/3nQ98rs
 
𝐊𝐓𝐏 𝐋𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞 
An internal community for our colleagues on work and leisure. 
 
Tiktok http://bit.ly/3u9LR6Q
Youtube http://bit.ly/3ppmjyE
Facebook http://bit.ly/3ateoMz
Instagram https://bit.ly/3jZpKLo
 
𝐊𝐓𝐏 𝐂𝐚𝐫𝐞𝐞𝐫 
An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.
Instagram https://bit.ly/3u2PxHg
Facebook http://bit.ly/3rPxz9o
 
#KTP 
#Thk 
#ktplifestyle 
#ktpcareer 
#relocationtoMalaysia

Incentive for Manufacturers of Pharmaceutical Products

Incentive for Manufacturers of Pharmaceutical Products
View Full Size

MIDA has issued a Guidelines for Incentive for Manufacturers of Pharmaceutical Products Including Vaccines Under the 2021 Budget on 27/8/2021.

Key summary of tax incentive on pharmaceutical products

1. Income tax rate of 0% to 10% for a period of 10 years

2. Income tax rate of 10% for the subsequent period of 10 years

3. Companies approved for this incentive are required to comply with conditions as specified by the Ministry of Finance

Source :

MIDA Guidelines

https://www.mida.gov.my/wp-content/uploads/2021/09/GD_PHARMA_VACCINE_01092021.pdf

秘️Have questions on MIDA tax incentive? Call KTP.

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 

做 Account 最奇葩的问题

做 Account 最奇葩的问题
View Full Size

我们在列出2021 年最愚蠢的问题给我们的客户 :

  • 为什么4月份没有销售?

  • 为什么这几个月 sales 这么低?

  • 为什么收入下降这么多?

  • 为什么不可以跟银行借钱吗?

  • 你明年的计划是什么 ?

  • 为什么今年没有盈利?

  • 为什么今年有这么多资产变卖?

  • 为什么工资减少?

  • 销售额下降4%毛利下10%?

  • 为什么董事向公司注入资金?

  • 欠供应商时间更长 为什么?

  • 今年电费很低 发生什么事?

  • 为什么一年旅行费非常低?

  • 今年有分红吗?

  • 当 50% 的员工被解雇时, 内部控制有任何变化?

  • 为什么你可以开店但不开店?

  • 3%利息贷款这么难借 ?

  • 你有 going concern 的问题吗?

  • 可以为我做明年的现金流量预测?

为什么所得税发布 2021 年 10 月 1 日 发布雇主审计框架 (Audit Framework for Employers) ?

为什么所得税发布 2021 年 10 月 1 日 发布雇主审计框架 (Audit Framework for Employers) ?
View Full Size

为什么所得税发布 2021 年 10 月 1 日 发布雇主审计框架 (Audit Framework for Employers) ?

根据所得税官方声明说 : 该框架概述了审计人员、雇主和税务代理人的权利和责任,旨在确保公平、透明和公平地进行雇主审计。

说白了... 十月围城. 开启捕杀 , 上演杀戮.

从我们过去的博客 (blog) 中总结了 雇主审计框架中的关键 问题:

1. IRBM Newsletter July 2021 (23.07.21)

https://www.ktp.com.my/blog/irbm-july-newsletter/23july21

2. E呈报 (E Filing) Form E 终极秘籍 (15.03.21)

https://www.ktp.com.my/blog/e-filing-form-e/12march2021

3. Form E 截至日期为31/03/2021 (12.03.21)

https://www.ktp.com.my/blog/form-e/12march2021

4. 什么是 e-PCB ?e-Data PCB ?e-CP39 (3.3.21)

https://www.ktp.com.my/blog/pcb/03march2021

5. Form EA 有什么? (22.2.21)

https://www.ktp.com.my/blog/formea/22feb2021

6. 董事医疗费 免税 实物受益(BIK)??? (19.02.21)

https://www.ktp.com.my/blog/medical-fee-control-company/19feb2021

7. 1分钟学习“如何在BIK / Perquisites计算PCB” (17.02.21)

https://www.ktp.com.my/blog/pcb-bik-perquisites/17feb2021

8. When to declare bonus into Form EA? 花红几时需要报进Form EA? (16.2.21)

https://www.ktp.com.my/blog/bonus-formea/16feb2021

9. IRB tax audit on employers on CP21, CP22 & CP22A (1.2.21)

https://www.ktp.com.my/blog/irb-tax-audit-emloyer-cp21-cp22-cp22a/01feb2021

10. Employer Tax Obligation under Income Tax Act - Resignation & New Employee dated (12.1.21)

https://www.ktp.com.my/blog/newcp21-cp22-cp22a/12jan2021

11. 8 out 10 HR don’t do this for IRB (According to our experience) (21.12.20)

https://www.ktp.com.my/blog/taxclearance/2020dec21

12. A 3 minutes video (Chinese language) to learn benefits- in-kind and perquisites in PCB. (4.6.20)

https://www.ktp.com.my/blog/tax-strategies-covid19-cashflowpart2-zx3y6-83gac-rw5mp-5a484-lzjj2-ctyge-6gjxh-wwcf3-lxlgx-jdlzk-gwww-e5737-kbd4c-57h9-82ppk-37yajwsp-gz635-y7xh-kmsgg-jkyr2

Source:

IRB : Rangka Kerja Audit Majikan issue on 1.10.2021

http://phl.hasil.gov.my/pdf/pdfam/RK_Audit_Majikan_01102021.pdf

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 


 

THK Group of Companies THK Management Advisory Sdn Bhd 200401000220 (638723­X) THK Secretarial PLT 202304003367 (LLP0037327-LGN)

Wisma THK, No. 41, 41-01, 41-02, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor, Malaysia.
+6012-771 7903 (Secretary Department)
+6012-771 7803 (Account Department)
+607-361 3443
 
Switch to Mobile Version
Subscribe Newsletter