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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.
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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 ?
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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
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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
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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?
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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?
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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?
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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
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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
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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
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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
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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
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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) ?
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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

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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.

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我们要搬家!需要通知 SSM ?

我们要搬家!需要通知 SSM ?
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Notification of changes of address to SSM

We are moving! You Will notify your suppliers and customers.

In the past, a company that changes its business address can only notify SSM of such changes through the lodgement of Annual Return.

Where a company change its business address the company is required to notify SSM within 14 days from the date of such change.

The notification shall be in a form and manner as specified in SSM Schedule B of the Practice Directive 1/2017.

If a document is lodged later than the prescribed timeframe, a late lodgment penalty shall apply from RM50 to RM200.

我们要搬家!需要通知 SSM ?

我们要搬家!都会通知你的供应商和客户.

过去,公司更改营业地址只能通过提交周年申报表通知 SSM.

公司必须在更改其营业地址起 14 天内通知 SSM.

通知应采用 SSM 中规定的形式和方式.

如果文件在规定的时限之后提交,迟交罚款从 RM50 到 RM200

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  • 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

 

 

Update the changes of address to IRB

Update the changes of address to IRB
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Update the changes of address to IRB

  • Do you know it is taxpayers' duty to inform IRB in writing any change of correspondence address?

  • Do you know taxpayers can not argue non-receipt of any IRB letter due to taxpayers' new address?

  • Do you know taxpayers will kena fine/imprisonment/both for such non-compliance?

How to update the changes of address for tax ?

  1. Submit CP600B Form (Change of Address Application Form) to tax branch office.

  2. Notify the tax branch office (which handling your tax file) by issuing an official letter on changes of address.

  3. Update the details by using e-Kemaskini application via MyTax Portal.

  4. Update the details via Feedback Form at LHDNM website.

Tax offences

Fails (without reasonable excuse) to give notice on changes of address within 3 months. Fine from 200.00 to 20,000.00 / Imprisonment for a term not exceeding 6 months / Both

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  • 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

 

 

老板要求做假账, 我需要承担什么责任?

老板要求做假账, 我需要承担什么责任?
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老板要求做假账, 我需要承担什么责任?

大家好。我是一名account executive.现在在一家SDN bhd in charge full set account.

我想问问大家意见,如果老板要求做假账,因为不要给太多tax, 我已经跟老板讲了这样是犯法的,

请问被lhdn查到的话,我需要承担什么责任?我会被罚款吗? 还是坐牢?我只是打份工,我真的不想冒险。

两条重要的法律

  1. 得税法令1967 第114 故意逃税

  2. 公司法令 2016 第 245 需要保留的账

所得税法令1967 故意逃税

114. (1) 任何故意和意图逃避或协助任何其他人逃税的人, 一经定罪,可被处以不少于一千令吉和不超过两万令吉的罚款或不超过三年的监禁,或两者兼施.

114. (1) (1A) 任何协助或提供建议的人准备任何回报导致逃税, 除非法庭满意,认为协助或建议是在合理谨慎的情况下提供的, 一经定罪,可处以不少于两千令吉但不超过两万令吉或监禁不超过三年或两者兼施 .

公司法令 2016 需要保留的账

第 245.(1) 条公司、公司董事和经理应促使保存会计和其他记录,以充分解释公司的交易和财务状况,并确保编制真实、公平的损益表和资产负债表.

第 245.(9) 条违反本条规定的公司和每位高级职员均属犯罪,并且应当。 一经定罪,可被罚款不超过五十万令吉或监禁不超过三年,或两者兼施.

经理是指该公司当时的主要行政人员,不论其名称为何,也不论他是否为董事.

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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 process for judicial review in tax appeal

What is the process for judicial review in tax appeal
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What is the process for judicial review in tax appeal

It is getting popular as taxpayers opt for JR as the first option for tax appeal instead of local remedy via Special Commissioner of Income Tax.

2 Stages of Judicial Review in Tax Appeal

1st stage : leave ex-parte

An application under this Order shall not be made unless leave has been granted.

Taxpayers are to demonstrate that the application is not frivolous or vexatious, leave shall be granted in the past.

Getting leave does not mean taxpayers have won the tax appeal.

It signifies that taxpayers have a prima facie case that qualified the tax appeal to be heard in the High Court at the substantive stages.

LHDN has lately intervened to object at the leave stage as a putative respondent.

2nd stage : Substantive inter parte

Once leave has been granted, the application shall proceed to the substantive stage.

Exception circumstance in judicial review

Taxpayers have to demonstrate “exception circumstance”.

Exception circumstance is defined as

  • Clear lack of jurisdiction

  • Blatant failure to perform statutory duty

  • Serious breach of the principles of natural justice

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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

 

 

SSM Xcess Portal

SSM Xcess Portal
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SSM Xcess Portal

The recent launching of “XCESS” portal by SSM on 2 September 2021 has open up the accessibility for users to purchase a person's Personal Involvement Information (PII) in companies, businesses and Limited Liability Partnerships (LLP) just with that person identity card number (Mykad no.).

What is this portal all about?

This XCESS Portal is an online platform provided by SSM for the sale of products/ information for Limited Liability Partnerships (LLPs).

In short, this portal allows users to purchase the following types of products with a fee as listed on page 2 in the user manual (refer below link):

1. Limited Liability Partnerships

o LLP Current Profile;

o LLP Registration Certificate; and

o Personal Involvement as a Partnership and Compliance Officer.

2. Companies

o Personal Involvement as a Director;

o Personal Involvement as a Shareholder;

o Personal Involvement as a Company Secretary;

o Personal Involvement as an Auditor; and

o Personal Involvement as a Liquidator.

3. Businesses

o Personal Involvement as a Business Ownership.

How to Xcess ?

You can now register as a user to access this portal via SSM4U Portal or www.ssm4u.com.my and the step to register and access is easy by following the step by step explanation shown in the user manual.

Digital Certified Copy ?

However, the “XCESS” portal currently does not provide any Digital Certified True Copy for such purchase of the information/product. In case, you intend to obtain Digital Certified True Copy (DCTC), you may proceed to obtain the DCTC from the nearest SSM branch office. Do bring along the print-out of products/ information purchased and the price for such DCTC is subject to the Pricing Schedule as fixed by SSM.

KTP / THK comments

Nowadays in the development of digitalisation, SSM eases the accessibility to the public to register and subscript as a user through their portal to obtain and purchase any statutory products/ information via the online platform.

For more information on Xcess , click here:

  • General : https://bit.ly/39orJoe

  • FAQ : https://bit.ly/3EMBzin

  • User manual : https://bit.ly/3EFPkiO

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  • 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

 

 

【会计楼版本の鱿鱼游戏】

【会计楼版本の鱿鱼游戏】
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【会计楼版本の鱿鱼游戏】

 

最近面子书正火起韩国【#鱿鱼游戏】这个电影,

来个会计楼版本..大家笑一笑

Full story in our blog
https://www.ktp.com.my/blog/squid-game-accounting-firm/29sept21

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  • 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

 

 

接假税收官电话: 你欠税

接假税收官电话: 你欠税
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接假税收官电话: 你欠税

不相信人能够时刻保持理智,在任何事情上做出最佳选择,否则每个人都能过得还不错.

这个世界上就没有遗憾和后悔这两个词了。

但是我善良呀 很多人会同意这个说法没有理由我会被骗.

Am I right ? But....

人性如魔方,非常复杂,不同环境下,不同经历下,同一个人会有不同的选择和决定,也会展现人性的复杂。

人都是善恶混合体,没有纯善纯恶,只有一个人是善大于恶,还是恶大于善!

如何保护自己

  • 如果你收到任何电话, 短信, 电子邮件或可疑信件..不要回应.

  • 不披露税收机密信息 TO 任何可疑方的第3者.

  • 通过 IRBM 反馈 https://maklumbalaspelanggan.hasil.gov.my/MaklumBalas/en-US/

  • 致电联络 IRBM 中心 03-8911 1000

  • 致电联络你的税务代理人 (Tax agent)

  • 不要下载未知呼叫者请求的任何应用程序

  • 不要回拨未知的电话号码,

  • 可以在 IRBM 的官方网站 http://www.hasil.gov.my ,上查看 IRBM 电话号码

  • 下载 + 使用 Mytax 应用程序

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  • 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 Management Advisory Sdn Bhd

Wisma THK, No. 41, 41-01, 41-02, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor, Malaysia.
+6012-771 7903
+607-361 3443
 
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