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  • (Tax Update) Tax Deduction on AI Server

    “Boss, we are buying a RM1 million AI server.Can save RM240,000 tax, right?” My answer is…Maybe. But first, please show me the invoice.Because Malaysian tax law does not have a special capital allowance category called “AI machine”. Your vendor can call it:“AI Solution.”“Smart Automation.”“Digital Transformation Package.” But LHDN will still ask :“What exactly did the…

  • (Tax Update) Company Hungry Ghost Praying Expenses Sure Cannot Claim Tax?

    “Boss, why your company got RM12,800 Praying Expenses?” Boss very confident.“Seventh month hungry ghost sembahyang lah. Food.Tent.Joss paper.Ang pow.Temple donation. All company pay.”I looked at him.“So…you put everything into one account?” “Yes lah.All sembahyang mah.” 😂😂😂 This is how one innocent account becomes a tax adjustment. Many SME bosses believe:“Religious praying expenses sure cannot claim.”…

  • (TAX UPDATE) You Took RM500,000 From Your Own Company Interest-Free. LHDN May Still Collect RM7,800 Tax.

    “Boss, why do you owe your company RM500,000?”“I needed money first.My own company mah. Later I pay back.”“Did the company charge you interest?”“No lah. Left pocket lend right pocket.Charge interest for what?” The tax agent opened the tax computation.“Boss, the company may have to pay approximately RM7,800 tax.” The boss immediately sat up.“Tax on what?…

  • Your LLP Distributed RM150,000. The 2% Tax May Be A Bit Complicate

    Your LLP Distributed RM150,000. The 2% Tax May Be A Bit Complicate

    “Boss, my LLP distributed RM150,000 profit to me.First RM100,000 exempt.So 2% on RM50,000.Tax is RM1,000, correct?” The tax agent opened P.U.(A) 278/2026.“Boss…not necessarily. We need A, B and C.” “I asked about tax.Why suddenly become maths exam?” 😂😂😂 From YA 2026,an individual partner receiving LLP profit exceeding RM100,000 may fall under the new 2% tax…

  • (TAX UPDATE) Five Years Just Disappeared From Your Tax Incentive.

    “Boss, our factory financial model assumes 15 years of tax incentive.”The tax adviser opens MIDA’s latest guideline.“Boss…better open the Excel file again.” 😅😅😅 Under MIDA’s updated NIF Guidelines dated 10 July 2026, the general New Investment category now provides: ✅ Special Tax Rate of 0% to 10% for up to 10 years.✅ Investment Tax Allowance…

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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