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My Pickleball Slump
Last Friday night, WhatsApp from my pickleball group : “🏆 Friday Fixed Partner Mini Cash Game. You in or not?” I signed up fast. I started pickleball last February 2025 in Kulai. New court near my house, so it became my home ground. Back then, all of us beginners.Miss easy ball together. Laugh together. Same…
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(TAX UPDATE) Before You Submit Form E : Check BIK and Perquisites
Each year, when employers prepare Form EA and submit Form E, the same issue comes back again and again. It is not about the forms. It is about what was missed in payroll during the year. The most common trigger is Benefit in Kind, BIK, and perquisites. Many SME owners tell us, “This is small…
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(TAX UPDATE) “Company Is Mine” Until IRB Reviews the Director Account
“Mr Koh, that money I advance from my own pocket to the Sdn Bhd only. I always adjust back. Company is mine anyway.” I hear this many times. Recently, during a closing meeting, I raised one issue in our Tax Statement of Findings. ㊙️Director account…Frequent advances from director.Month after month.In many times.Balance not small. But…
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(TAX UPDATE) Practical Completion Can Trigger Tax Completion Before Final Account Is Signed
Public Ruling No. 5/2025; YA 2023 onwards LHDN has clarified that for construction contracts, a project may be treated as “completed” for tax purposes before the Final Account is agreed or signed. Once the project is deemed completed, a recognition timeline applies, including a 12-month rule (from YA 2023 onwards) where final accounts are delayed.…
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No Budget. No Hotel. Still One of Our Best Team Moments.
“Boss, can we get the whole office to make our own Chinese New Year decorations?” That was my HR manager Angela Fong ’s idea. No budget request.No formal event.Just red paper, scissors, andwhoever was free between deadlines. Two weeks ago, we pushed aside some files and gathered around the tables. At first, it looked like…
Koh Teck Peng Blog 