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Continue reading →: (TAX UPDATE) Tax Corporate Governance Framework (TCGF) Malaysia
Starting from 2025, the corporate tax return (Form e-C) will include a new question: “Has your company implemented tax governance program?” Tick “No” and the company might appear as high-risk !!!Tick “Yes” without proper governance and you risk penalties for a wrong declaration !!!! What is TCGF? The Inland Revenue…
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Continue reading →: (M&A UPDATE) Why SME Buyers Cannot Skip Financial Due Diligence
When you buy a company in Malaysia, you’re not just buying its brand or assets. You’re also buying its hidden financial baggage. That’s why financial due diligence (FDD) is not an option … it’s a must. Many SME bosses think audited accounts are enough. But audits are not designed to…
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Continue reading →: I Was Once the Most Hot-Tempered Accountant in Town
Many many years ago,I shouted and my voice could travel across building.I wrote abusive emails and WhatsApp messages.I once threw an audit file into the dustbin right in front of the PIC.My red big big marker pen? A weapon on working papers. I has a reputation a bad temper animal…
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Continue reading →: Two Friends Almost Died in Front Me
A man recently slipped and died on a 5,588-meter snow mountain in China.He unclipped his safety rope just to take a photo.He slipped down the slope and never came back.I survived and for that, I am deeply grateful for my survival.The news shook the climbing community. Adventure deaths are unforgettable.I’ve…
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Continue reading →: Confession Time: Even I Gave Excuses Not to Stamp Engagement Letters
I told myself the same things I always hear from clients :Too busyUnderstaffedAdministrative burdenProcrastination Sound familiar? But from 1 January 2025,excuses won’t save us.Under the Stamp Act 1949 and the new Stamp Duty Audit Framework,every audit and tax engagement letter must be stamped. Because legally, it’s an “instrument” under the…
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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…
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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