-
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…
-
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…
-
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…
-
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…
-
Continue reading →: My Almost-Failed Practice Review … Lessons from Abot Webinar Last Thursday
I’ve been through MIA practice review twice for the past 25 years.The first time? I almost failed my practice review. Why?Because I “forgot” to attend stocktake. Rookie mistake, but it nearly cost me my audit license. Fast forward to last Thursday, I attended the Abot webinar on practice review by…
-
Continue reading →: [TAX UPDATE] CP500 : Why Landlords Are Suddenly Receiving Instalment Notices
“Why only now? Last year no issue, suddenly this year I kena CP500?” If you earn rental income besides business income, don’t be surprised when CP500 shows up in your inbox. LHDN confirmed the rule has always been there. Last time maybe the system didn’t trigger, this year it did.…
-
Continue reading →: [TAX UPDATE] MITRS Malaysia 2025 : A Wake-Up Call for SME Bosses
Running a business in Malaysia is already tough. Cash flow pressure. Staff turnover. Customers pushing for discounts. Competitors slashing prices. Now add one more burden … MITRS from LHDN, after MBRS from SSM. The Malaysian Income Tax Reporting System (MITRS) is no longer a “small matter”. It is a legal…
-
Continue reading →: Account lady in accounting firm exciting story
在这段特别的访谈中，KTP 的创办人兼集团首席合伙人许德平先生，亲自访问了我们团队中资深的会计主管之… Ms. Lwtoh。 从一位普通职员到如今带领整个会计团队，她在 KTP 走过了怎样的职涯旅程？ 每一个答案，都真实、诚恳、接地气。 如果你是一位正在考虑加入 KTP 的求职者，或是想了解KTP企业文化的客户、合作伙伴，这支影片，不容错过 为什么要看这支影片？ 这是一位真实会计人的告白，一位 KTP 老员工的感动故事。听她分享，也许你会想起自己的第一份工作、第一位贵人、第一场逆风翻盘的挑战。 订阅我们，了解更多来自KTP的真实故事与职场经验分享：http://www.ktp.com.myYouTube频道：KTP & Company PLT https://youtu.be/j_kpEoUZgFI
-
Continue reading →: (TAX UPDATE) Two New MyTax Features Every SME Boss Should Know: e-Derma and e-Kompaun
The Inland Revenue Board (HASiL) has just introduced two important features on the MyTax platform: e-Derma and e-Kompaun. This feature is relevant if your company contributes donations to approved institutions or if you manage a body seeking tax-exempt status under Section 44(6) of the Income Tax Act 1967. Here’s how…
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.
Let’s connect
Join the fun!
Stay updated with my latest journal by subscribing my page
Koh Teck Peng Blog 