KTP & Company PLT



Here’s what you need to know:
✅ Some services like food, telecom, parking, and logistics stay at 6%.
✅Credit card fees remain at RM25/year.
✅Other services like accommodation and clubs will be taxed at 8%.

Transition Rules:
✅ Services provided before March 1, 2024, are taxed at 6%, but after that date, it’s 8%.
✅Payments made before March 1, 2024, are taxed at 6% if used within 6 months, and 8% after.

New Taxable Services:
✅ Karaoke centers, brokerage, logistics, and more will be taxed.
✅But, there are some exemptions, like food delivery.

Read the full content in our hashtag#ktp blog
https://lnkd.in/g_4YBYgz

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I’m Koh Teck Peng

Welcome to my blog, I’m the founder and principal of KTP & Company PLT. My journey in the accounting profession has been driven by a passion for numbers and a dedication to helping businesses succeed. With over 25 years of experience, I’ve had the privilege of working with a wide range of clients, from small startups to large corporations, providing them with the financial insight and strategic guidance they need to thrive.

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