October 13, 2021
Intangible Asset
What is Intangible Asset ? An identifiable non-monetary asset without physical substance (MFRS 138) The…
October 13, 2021
SPECIAL DEDUCTION FOR RENTAL REDUCTION
What is Rental Income Tax Rental Income applies to both residential and commercial properties, and…
What is interest? “Interest” is the return or compensation for the use or retention by…
October 13, 2021
Registration of Charges
What is a charges? A charges is the security that a company gives a loan,…
October 13, 2021
Do You Know Lease in Terms of Accounting?
Do You Know Lease in Terms of Accounting? A lease agreement is a contract between…
July 27, 2021
Residence Status of Companies and Bodies of Persons (main criteria that determines the tax treatment)
Are you a corporate residence?! A company is tax resident in Malaysia in a basis…
July 27, 2021
Why Proper Record and Document Keeping is Important to A Company？(Law of Malaysia – Act 777 – Companies Act 2016 Section 245)
Advantages of Documents Keeping The most important is According to COMPANIES ACT 2016, SECTION 245,…
July 27, 2021
Provisions versus Accruals in accounting
Provisions in accounting are an amount set aside to cover a probable future expenses, or…
July 27, 2021
Tax Treatment of Gratuity – Public ruling No. 9/2016
What is Gratuity? Upon employment termination of an individual due to retirement or resignation, he/she…
资本报表是为了证明其财富的资金来源。 如果不足则可能存在未向税务局呈报的收入。 Capital statements is to justify the sources of funds to support their wealth.…
