KTP & Company PLT

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  • (SME TAX STORY) Same Offer Letter. Same Staff. Signed In 2024, 2025 Or 2026, LHDN May See It Differently.

    Monday morning.New staff starting. Your HR walks in with the offer letter. “Boss, sign here. Then I pass to him.” You sign.He signs.HR files it. Done, right?Not really. An employment contract is an instrument.Instruments need stamp duty. “Boss, offer letter also need stamp ah?” Yes.And in 2025, LHDN put the spotlight on it. Recently, one…

  • Thank the People Who Waited for You.

    Every Team Has One Slowest Member.On My Bikepacking Trips, It’s Me. They reach the top. I’m still climbing.They finish resting. I just arrive.They’re ready to go. I’m still catching my breath. 2023, Tajikistan. My first bikepacking trip.2026, Kazakhstan and Kyrgyzstan. Same brothers. Same slowest rider. People ask me which country I prefer. Honestly,I don’t remember…

  • (SME TAX STORY) Same Worker. Same Salary. Bank In Or Cash, LHDN May See It Differently From YA 2028.

    (SME TAX STORY) Same Worker. Same Salary. Bank In Or Cash, LHDN May See It Differently From YA 2028.

    7th of the month.Payday. Your admin knocks on the door.“Boss, site workers’ salary, same as usual ah? Cash?” You don’t even look up. “Cash lah. They prefer. Faster.” Simple, right?Not really. Budget 2027 was tabled on 9 October 2026.One line inside may change how you pay your people. From YA 2028, if your company is…

  • (SME TAX STORY) Budget 2027, Your Company May Save Up To RM6,000. But You May Pay More Personal Tax. 😂

    Imagine this.An SME boss sees the Budget 2027 news and immediately WhatsApps his tax agent. “Company tax reduced.I also get more personal relief.Next year should pay less tax, right?” Tax agent replies.“Your company, possibly.Your personal tax, we need to calculate separately.” Boss reads the message twice.“The company is mine.The boss is also me.Why one happy,…

  • We signed up for Inter-Accounting Firm Games, not Inter-Hospital Games lah!

    Last week, my HR Manager, Angela Fong, WhatsApped me a photo from GH Hospital 10pm. Wah! Who kena accident this time? I immediately called her. Apparently, one of our colleagues had injured her eye while playing badminton with another colleague. They were preparing for the upcoming Inter-Accounting Firm Games (IAFG). I quickly checked on her…

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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