BLOG
Audit | Tax | Business Advisory | Secretary Services
Stay up to date with the latest from our blog.
-
(TAX UPDATE) Give Staff Extra Care Leave. Claim Extra 50% Tax Deduction.
“Boss, my father just came out from hospital.Can I take extra paid leave to care for him?” The boss’s heart says,“Of course. Family is important.” The boss’s cash flow says,“Aiyo…who pays?” Now, the Government may share a small part of the cost. Under P.U. (A) 289/2026, a qualifying employer may claim an additional 50% tax…
-
“Boss, Our Industry Got Work-Life Balance Or Not?”
Today during Friday Boss Talk,one of my new colleagues asked me a very practical question. “Boss, our industry got work-life balance or not?” I looked at him.Then I said,“Frankly speaking…No.” 😂😂😂 Maybe not the answer a new colleague expects from the boss. But I rather tell the truth.Because our profession itself is becoming…UNBALANCED. More compliance.More…
-
SOCSO Came To Our Office.
SOCSO Came To Our Office. Last week, PERKESO officers came to KTP office. The moment Ms Angela Fong, my HR manager,said,“SOCSO coming.” I became very quiet. 😐😐😐 First question.“Angela, audit ah?” Second question.“Payroll okay or not?” Third question.“Which SOCSO department?” Suddenly,I ask myself “Why us?” 😂😂😂 Actually, the visit was related to the Progressive Wage…
-
(TAX UPDATE) JS-SEZ Offers 5% Tax. SME Boss, Do You Have RM500 Million?
The boss saw the headline.“JS-SEZ company tax only 5%?” His eyes became very big.“Our company is in Johor.”“Can apply or not?” I looked at the conditions.Then I asked him,“Boss, do you have RM500 million?” Suddenly, his eyes became normal again. 😂😂😂 Yes.The JS-SEZ tax incentive is real. Qualifying companies may enjoy a 5% corporate tax…
-
Illegal Foreign Workers Caught, HR Too?
Imagine this.Immigration officers raid your factory. Foreign workers are checked.Some documents got problem. Everybody expects the workers to be taken away. Then the officer asks,“Who handles these workers?” Suddenly the whole office becomes very quiet.Then somebody points to one desk.“Account cum HR.” 😐😐😐 That person handles everything. Work permit.Payroll.EPF.SOCSO.Agent correspondence.Worker records. And suddenly… the investigation…
Koh Teck Peng Blog 