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(Tax) IRB and SSM deadline extended, forgotten stamping and late lodgement better settle fast.
Last month, one client called me.He said, “Mr Koh, I just checked my file and found one tenancy agreement dated 2023. That time we signed already, kept in the file, but I think never stamp. Like this very bad or not?” I was not too shocked.Because this kind of story, I hear too many times…
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I gave up my dream camping trip for a 5 hour classroom. Best decision I made this month.
Let me tell you what happened last weekend. For weeks now my AI Transformation team and I have been stuck on our AI transformation project. The ideas part is easy.The execution part is where we keep banging wall. Hardware setup that I dont fully understands.Security questions that nobody can answer with confidence.And scale up deployment…
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(Tax Update) Boss gives himself petrol allowance, thinking it is tax exempt.
After LHDN looked at the shareholding, they said:“You are not an ordinary employee.”This sentence, SME bosses really need to listen carefully. Many bosses give themselves some allowances every month.Meal allowance.Petrol allowance.Parking allowance.Telephone allowance.Childcare allowance. In the boss’s mind:“Isn’t this employee benefit?”“Public Ruling also says can exempt what.”“Company has been doing this for many years, should…
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老板敢敢发的朋友圈
Two week ago, one of my best staff sat across from me for her exit interview. She is leaving for Singapore. And you know what?I cannot stop her.I should not even try. Pei Jun joined us almost two years ago. Came in as an intern. Quiet. Still learning how to tie a set of working…
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Late Father’s Day Gift. 4 Egg Tarts Came.
Late Father’s Day Gift. 4 Egg Tarts Came. Today, around 1pm plus, my backend support team suddenly passed me one Hock Kee box.They said, “Boss, late Father’s Day gift.” I was a bit shocked.Not because the gift was very expensive. But because normally backend support team supports system, supports workflow, supports documents, supports deadlines. Today,…
Koh Teck Peng Blog 