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Continue reading →: (Tax Update) Current MIDA Incentives vs NIF 2026 (What changes for SME investors)
For years, most Malaysian investors apply tax incentives through MIDA under the Promotion of Investments Act 1986. The familiar choices are Pioneer Status (PS) or Investment Tax Allowance (ITA). From 2026, MITI is rolling out the New Incentive Framework (NIF), starting with manufacturing. This is not just paperwork change. It…
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Continue reading →: (Tax Update) New Incentive Framework (NIF)
SME Boss, Malaysia just changed the investment incentive game. From 1 March 2026, the New Incentive Framework (NIF) starts for Manufacturing. Services will follow in Q2 2026 (date to be confirmed). Old days, many people chase “promoted list” and hope for Pioneer Status or ITA. Now NIF is different. It…
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Continue reading →: I Was Climber … once upon a time
This week my social media feed attacked me. Not with tax update.Not with audit deadline. But with Alex Honnold climbing Taipei 101 without ropes. I watched the clip and I had two reactions.Wah. Legend.Aiyo. My palm already sweating just watching. Because I am an uncle who once was also climber.…
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Continue reading →: Small Manners, Big Trust
This morning I briefed my team on one simple topic: Professional Etiquette, Ethics & Conduct. Not tax. Not audit file. Why? Because of two things: That past complaint was not about wrong numbers. It was about “small things” that felt big to the client: Late arrival with no early notice.Staff…
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Continue reading →: (Tax Update) Influencer Marketing: Free Gifts Now Have Tax Value (LHDN 14 Jan 2026)
SME bosses, if you hire influencers, please take note. LHDN has made it clear: influencer “payment” is not only cash. Free products, free meals, sponsored hotel stays, trial services, vouchers and discounts can also be treated as income with monetary value. Meaning : when your company gives freebies in exchange…
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Continue reading →: I Owe My Staffs an Apology: My CNY Compulsory Leave Decision
I want to confess one mistake I made when I was still a young boss. The kind of mistake that you only understand… after you hurt someone. It was around Chinese New Year. Back then, our office “naturally” slowed down. Many Chinese staff took leave. So I made a decision.…
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Continue reading →: Some Clients I Take. Some I Don’t. This Is Why.
Today a friend called me in panic. “Bro, can you follow us for a Transfer Pricing audit with LHDN?” I didn’t say yes. I asked one question first.“Who is your transfer pricing tax agent now?” He replied, “Big 4.”That told me this is not a small file. This is the…
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Continue reading →: Last Night I Watched Guo Jia Jia 《过家家》 And I Missed My Father Again
Last night, I went to watch《过家家》.I thought it would be a Friday movie night. But once the story started, I knew it was not. This film is not loud.It speaks softly.But every scene feels painful. I went because of Jackie Chan.Not for action.Not for fighting. This time, his strongest performance…
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Continue reading →: (TAX UPDATE) Retention Sums in Contract Accounts
Last month at site meeting, boss showed me the contract account and said:“Boss, retention not yet receive. So this part not taxable yet, right?” I laughed and told him:“By your logic ah… my tax fee also not taxable yet. Because you will ask discount, then drag payment for x months.”He…
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Continue reading →: RM300 Per Month Per Intern : LiKES Internship Placement Matching Grant
Many SME owners tell me the same thing:“We want to take interns, but cost always stop us.” That is exactly why the LiKES Internship Placement Matching Grant exists. This programme, introduced by TalentCorp, helps SMEs and start-ups offer internship opportunities while receiving reimbursement support for internship allowances. What Is the…
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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