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๐ก๐ผ๐ ๐๐น๐น ๐ ๐ฒ๐ป ๐๐ถ๐๐ต ๐ ๐ถ๐๐ฎ๐ถ (๐ ๐ผ๐๐๐๐ฎ๐ฐ๐ต๐ฒ) ๐๐ ๐ฌ๐ผ๐๐ฟ ๐๐ฎ๐๐ต๐ฒ๐ฟ โ And Not All Auditors Are Tax Experts
In the tax world, that translates to this: not everyone who talks about tax is qualified to give tax advice. But somehow, I keep hearing it: โ๐ ๐ ๐ฎ๐๐ฑ๐ถ๐๐ผ๐ฟ ๐๐ผ๐น๐ฑ ๐บ๐ฒโฆโ Just yesterday, a friend of mine shared that her auditor advised her on a tax deduction for commission. The “auditor” suggested my friend issue a…
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๐ข New Indirect Tax Alert: Budget 2025!
The Malaysia Budget 2025 brings exciting new tax updates with fresh opportunities for businesses on indirect t. This summary, prepared by Ms. Lim Nguan Lian, our Head of Client Relationship, highlights the most relevant updates on indirect tax. Sales & Service Tax (SST)๐ฅฆ Basic food items remain tax-exempt๐ Higher sales tax for non-essential/luxury items๐ Service…
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Why I Became a Yogi ?!
So, calling myself a yogi feels like a bit of a joke, especially since I really canโt stand yoga. But here I am, reluctantly rolling out my mat after dealing with a string of injuries from my favorite sports last Thursday with #ktp colleagues. It all kicked off with running. Once I pushed past 30…
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Body Corporate Regulation in Malaysia
This morning I attended the #ACCA Roundtable on the Registration of Body Corporate as Public Practice Entities, where we dug into a topic thatโs been overdue for years. The discussion was lively, with different views flying around. Butโฆ one thing was crystal clearโthe profession must evolve if we want to stay relevant and protect our…
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Can Auditors Release ๐๐๐ฑ๐ถ๐ ๐ช๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ๐ to Third Parties?
Last week, I had my first encounter with the Malaysian Anti-Corruption Commission (Suruhanjaya Pencegahan Rasuah Malaysia or SPRM). A team of officers visited our office to review one of our clientโs ๐ฎ๐๐ฑ๐ถ๐ ๐๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐ฝ๐ฎ๐ฝ๐ฒ๐ฟ๐. They asked questions, reviewed documents, and even requested the contact details of the person-in-charge (PIC) for potential follow-ups. It was a…
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