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Last Night I Watched Guo Jia Jia 《过家家》 And I Missed My Father Again
Last night, I went to watch《过家家》.I thought it would be a Friday movie night. But once the story started, I knew it was not. This film is not loud.It speaks softly.But every scene feels painful. I went because of Jackie Chan.Not for action.Not for fighting. This time, his strongest performance is not a stunt.It is…
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(TAX UPDATE) Retention Sums in Contract Accounts
Last month at site meeting, boss showed me the contract account and said:“Boss, retention not yet receive. So this part not taxable yet, right?” I laughed and told him:“By your logic ah… my tax fee also not taxable yet. Because you will ask discount, then drag payment for x months.”He stared at me. Totally stunned.…
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RM300 Per Month Per Intern : LiKES Internship Placement Matching Grant
Many SME owners tell me the same thing:“We want to take interns, but cost always stop us.” That is exactly why the LiKES Internship Placement Matching Grant exists. This programme, introduced by TalentCorp, helps SMEs and start-ups offer internship opportunities while receiving reimbursement support for internship allowances. What Is the LiKES Grant?The Internship Placement Matching…
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(Tax Update) Mr Koh, You Got Lubang with MIDA Right?
The call came in with no greeting.Just one sentence straight into my ear: “Mr Koh, you got lubang with MIDA right?” A tax prospect wanted to apply Pioneer Status tax incentive from MIDA after THREE years in operation. Then he asked the famous Malaysian question: “You can kautim everything?” I laughed.Not because he was funny.But…
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(TAX UPDATE) We Got Sacked for Asking Too Many Questions on Tax Incentives
Last year, a new transferred client told me something many SME bosses will recognise : Then they placed the past year tax incentive form Claim for Reinvestment Allowance (RA) under Schedule 7A, Income Tax Act 1967 on the table with confidence. “Boss, our previous tax agent not so troublesome. This Reinvestment Allowance (RA) claim is…
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