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Continue reading →: My Pickleball Slump
Last Friday night, WhatsApp from my pickleball group : “🏆 Friday Fixed Partner Mini Cash Game. You in or not?” I signed up fast. I started pickleball last February 2025 in Kulai. New court near my house, so it became my home ground. Back then, all of us beginners.Miss easy…
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Continue reading →: (TAX UPDATE) Before You Submit Form E : Check BIK and Perquisites
Each year, when employers prepare Form EA and submit Form E, the same issue comes back again and again. It is not about the forms. It is about what was missed in payroll during the year. The most common trigger is Benefit in Kind, BIK, and perquisites. Many SME owners…
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Continue reading →: (TAX UPDATE) “Company Is Mine” Until IRB Reviews the Director Account
“Mr Koh, that money I advance from my own pocket to the Sdn Bhd only. I always adjust back. Company is mine anyway.” I hear this many times. Recently, during a closing meeting, I raised one issue in our Tax Statement of Findings. ㊙️Director account…Frequent advances from director.Month after month.In…
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Continue reading →: (TAX UPDATE) Practical Completion Can Trigger Tax Completion Before Final Account Is Signed
Public Ruling No. 5/2025; YA 2023 onwards LHDN has clarified that for construction contracts, a project may be treated as “completed” for tax purposes before the Final Account is agreed or signed. Once the project is deemed completed, a recognition timeline applies, including a 12-month rule (from YA 2023 onwards)…
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Continue reading →: No Budget. No Hotel. Still One of Our Best Team Moments.
“Boss, can we get the whole office to make our own Chinese New Year decorations?” That was my HR manager Angela Fong ’s idea. No budget request.No formal event.Just red paper, scissors, andwhoever was free between deadlines. Two weeks ago, we pushed aside some files and gathered around the tables.…
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Continue reading →: Why This 57 Years Uncle Suddenly Say YES to HYROX
Two weeks ago during an 8km Hash run, someone shouted at me: “Oi… fatty!” I laughed.Inside insult lah. But that night, I reached home, took off my shirt, stood in front of the mirror… Mirror very honest one.It didn’t laugh back. Before MCO, I was 73kg.Now I’m 83kg. Ten kilos…
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Continue reading →: Why I Stopped Signing ACCA PER Only When People Resign
Last time, I signed ACCA PER like pasar malam. Employee resign.Last week in office.PER form appears on my table. “Boss, can sign today?” I hold the pen… and suddenly I realise something. I cannot remember the details anymore. Not because I don’t care.But because after 1-2 years,memory becomes “vague” only:…
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Continue reading →: KTP Office Closed for Company Retreat Today
Our KTP team is taking a short break today for our company retreat after January rushing and pre CNY and Puasa shopping. Time to recharge, reconnect, and return stronger. 📅 Date: 5 February 225🏢 Status: Office Closed📞 Operations: Resume as usual next Monday Thank you for your kind understanding and…
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Continue reading →: (TAX UPDATE) Final Window to Fix Stamp Duty Gaps Without Penalty
Boss, this is your last clean up window for stamp duty. Many SMEs think stamp duty is only for property or big loan agreement. Wrong. Everyday documents (written instructment) also can trigger stamp duty. Service agreement, rental, lease, NDA, sales contract, even addendum. The duty may be small. But the…
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Continue reading →: Shop Died in 2026 Because Rent Jumped From RM9,000 to RM20,000.
Last month, I sat down with a boss to close his Sdn Bhd.He survived MCO lockdown.But he could not survive the rent. He has been operating for many years in Johor Bahru. Not a “new business”.Not a “TikTok shop”.A real SME with staff, suppliers, loyal customers, and a routine that…
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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