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Continue reading →: (TAX UPDATE) PLT OWNERS BEWARE: CHEAP DOESN’T MEAN FREE FROM RULES
I get it, everyone loves a good deal. You heard that PLT (Perkongsian Liabiliti Terhad) is cheaper than Sdn Bhd, less headache, no audit, and save money. So you registered one, thinking it’s your magic shortcut, a business with limited liability but unlimited freedom. Sorry to burst the bubble, PLT…
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Continue reading →: Budget 2026
Budget 2026 is a transformation budget that rewards those who invest, digitalise and grow responsibly. Malaysia is now shifting towards a new era of productivity and sustainability. From tax reliefs for families and healthcare to AI training incentives and carbon tax preparation, this Budget sends a clear message that it…
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Continue reading →: My Inter-Accounting Firm Game (IAFG) Story
I was 50 and still joined the IAFG. Crazy? Maybe Every year,MIA runs the Inter-Accounting Firm Games.We never miss it.We always join … win or loseEven me, a 50-year-old partner, still trying to play with youngsters. In 2022, I joined futsal.We fought hard but lost harder. 21 goals conceded in…
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Continue reading →: (TAX UPDATE) Who’s Right? Lawyer Says RPGT, IRB Says Income Tax
“I already sold the property and my lawyer filed RPGT!Why are you saying my company needs to pay income tax?” That was how one director shouted at me.I smiled and asked, “Then why did you buy five properties under your Sdn Bhd? For profit, right?” This is one of the…
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Continue reading →: (Tax Update) Stamp Duty Relief for Employment Contracts: A Big Boost in Budget 2026
Starting 1 January 2026, the stamp duty exemption threshold for employment contracts will increase from RM300 to RM3,000 per month. Simply put, if your employment contract states a monthly salary of RM3,000 or below, no stamp duty is required. Previously, only contracts with salaries below RM300 qualified for exemption. That…
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Continue reading →: How I Attract My Ex-Manager Back from SGD
When Mr. Arthur left KTP in May 2022,I smiled and wished him well.But truth be told, my heart felt a quiet sakit. After eight good years together,growing from a young junior to Assistant Manager, he decided to take the leap and join one of the Big 10 firms in Singapore.…
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Continue reading →: The Day I Learned Never to Trust a Cyclist
Once upon a time, I was crazy enough to follow my first cycling group, MADCAT, everywhere.Every weekend from Iskandar to Kukup, Kota Tinggi to Serdenak. You name it, I was there. Never, ever trust how a cyclist looks. The fat one with short legs?Don’t laugh. He’s the silent killer.Looks like…
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Continue reading →: Licensed Tax Agent… Ada Guna?
This week LHDN (HASiL) posted this reminder in facebookOnly licensed Tax Agents approved by the Ministry of Finance (MOF)can consult directly with LHDN officers under Section 153(3) of the Income Tax Act 1967. It’s a professional safeguardto protect taxpayers and ensure only qualified people handle tax compliances and consultations. But…
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Continue reading →: A Good Policy Always Begins with a Good Teacher
Sometimes, the best ideas don’t start from scratch. They start from sharing. Our new Company Expense Reimbursement Policy under E-invoice wasn’t born out of a long brainstorming session or a consultant’s deck even I am licensed tax agent. It began with a generous act of sharing from Mr Chin Chee…
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Continue reading →: (TAX UPDATE) A Major Shift in Malaysia’s Car Loan System
On 6 October 2025, the Hire Purchase (Amendment) Bill 2025 was tabled in Parliament. For the first time, Malaysia will abolish the Flat Rate and Rule of 72 methodsand adopt the Reducing Balance Method for car loan interest. In simple terms: This reform, led by the Ministry of Domestic Trade…
KTP & Company PLT
Trusted audit and accounting firm established in 1999, specializing in providing tailored financial services to small and medium enterprises (SMEs) across Malaysia.
Hello,
I’m Koh Teck Peng
Welcome to my blog, I’m the founder and principal of KTP & Company PLT. My journey in the accounting profession has been driven by a passion for numbers and a dedication to helping businesses succeed. With over 25 years of experience, I’ve had the privilege of working with a wide range of clients, from small startups to large corporations, providing them with the financial insight and strategic guidance they need to thrive.
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