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The RM100,000 Client We Lost (And What We Learned)
We lost a group of clients. The retainer fee? RM 100,000+ per year. RM 100,000+ may seem like a big number, and believe me, it is. But over the years, we’ve lost many clients for all sorts of reasons : The most common reason, though? “No support.” We hear it often—“No one could help,” or…
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(Tax Update) Unlock the Benefits of Reinvestment Incentive | Tax Incentives for Malaysian Manufacturers
Are you a business owner in Malaysia thinking about whether you’re eligible for the new reinvestment incentives under the New Industrial Master Plan 2030 (NIMP 2030)? Recently, our team at KTP (www.ktp.com.my) shared a 20-minute briefing where Ms. Lim Nguan Lian (Head of Client Relationship) and I (Group Principal), covered all the key details. I’ve…
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(Tax Update) Rewarding Long-Serving Employees: A Tax-Efficient Strategy for SME Owners
Sitting in a cozy kopi shop with a close friend, our usual teh tarik session quickly turned into a thoughtful conversation. “How do I reward a long-serving employee when my private limited company makes a profit from holding investment properties, without adding more tax burdens?” he asked, sounding a bit anxious. I leaned back, smiling.…
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Why Am I into Adventure Sport
Last Wednesday at the ACCA Employers and Educators Reception 2024, someone asked me a question I’ve been hearing a lot —”Why am I into adventure sport?” The truth? It’s a journey that started with a simple question—what’s next? I was an avid golfer from my mid-20s to 40s. How avid? I could bet on just…
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The Real Deal About Mistakes
My fellow new auditor/tax agent in KTP : Mistakes are part of life, especially in your early years in audit. But here’s the truth—how you deal with them matters more than making them. Many of us have some misconceptions when it comes to handling errors, and it’s time to set the record straight. Do you…
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