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Continue reading →: (Tax Update) Step-by-Step Visually Guide to Stamping Under the New Stamp Duty Act
For many SME owners, the word “stamping” can feel like another layer of red tape. But whether it’s a tenancy agreement, loan document, or business contract, stamping is compulsory under the new Stamp Duty Act. The good news? The process today is faster, simpler, and fully digital if you know…
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Continue reading →: When Your Profile Picture Looks Too Good To Be True
Scroll through social media long enough and you’ll see them. The Miss World smile and face. The kind of profile photos that make you wonder :Am I networking, orSwiping through a beauty pageant? Yes! With today’s AI filters and photo apps, even my horse face can be upgraded into a…
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Continue reading →: EPF 2% for Foreign WorkersWhat Every SME Boss Must Know Before 1 October 2025
If you’re running an SME in Malaysia, here’s one update you cannot ignore. Starting 1 October 2025, the Employees Provident Fund (EPF) will require employers to contribute 2% EPF for foreign workers. Yes, you read that right. 2%. This applies to all non-Malaysian employees with valid work permits, except domestic…
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Continue reading →: Two Accountants, One Ironman
In 2017, something unexpected happened in Langkawi. Two accountants who had never trained together ended up sharing the same Ironman journey. Johnny Sia belonged to IronManCadet.I trained with Southern Tiger Warriors. Back then, the triathlon community in Johor Bahru was so small that we all knew of each other by…
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Continue reading →: What Really Happens in a Tax Audit (And Why Deadlines Can Kill You)
“Tax audit” … two words that make most SME bosses lose sleep. But let me tell you this: a tax audit is not the end of the world. It’s just LHDN checking if your tax numbers add up. The problem? Most people panic because they don’t know the playbook. Here’s…
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Continue reading →: [TAX UPDATE] Tax Audit & Appeal in Malaysia
Tax audit sounds scary?Actually, it’s just LHDN doing their job. The key is: know the process, act fast, keep records. Here are the key stages from our experiences : Stage 1: NotificationTax Audit Notification Letter issued. Must respond within 14 days. Stage 2: PreparationDeal directly with LHDN or appoint a…
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Continue reading →: A Small Initiative, A Big Difference
Today I want to give a special shout-out to our manager, Ms. Chong Chee Ling Why? Because she recently took the initiative to write a technical update on Withholding Tax (WHT) payment via the MyTax portal. The best part?Nobody asked her to do it.No deadline.No instruction from me. It all…
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Continue reading →: Not Paying Your Auditor/Tax Agent? Here’s How I Handle It Professionally
Picture this :You deliver the audit, submit the tax return… and the client disappears when the invoice arrives.Familiar?Every accounting firm has faced this. You can survive a bad market.You cannot survive unpaid invoices. As the principal of an audit and tax firm,I’ve learned this lesson the hard way.Cash flow is…
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Continue reading →: Ex-Auditor Signed This Off and I’m Still in Disbelief
A contractor walked into my office with audited accounts that looked neat and clean. On audited accounts, the accounting policy looked fine.“Revenue is recognised when services are performed and the right to receive payment is established.” Standard line. Nothing alarming. But the moment I opened the file, I froze. But…
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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