-
Continue reading →: (Tax Update) Malaysia Budget 2025 – HR Summary
Budget 2025 introduces several employment reforms promoting inclusivity and employee support. Key changes include : ✅Implement RM1,700 minimum wage from February 2025, with smaller businesses starting in August 2025. ✅Offer expanded tax relief for childcare and elderly care, capped at RM3,000. ✅Provide 50% tax deduction for flexible work setup costs,…
-
Continue reading →: 这年头做生意很难 … All Eyes on Malaysia Tax Budget 2024
These days, doing business feels like drawing a pretty portrait for a customer—only for them to expect a supermodel look! Just like the artist in the picture, many business owners are struggling to meet high expectations with tight budgets. Everyone is working harder, but profits seem harder to catch. That’s…
-
Continue reading →: Are you ready for new e-invoice era
The Malaysian government has introduced the Income Tax (Issuance of Electronic Invoice) Rules 2024, published on 30 September 2024, and effective from 1 October 2024. Here’s everything you need to know to stay ahead in the game. Mandatory Details: Optional Details: Payment information or other buyer-seller-specific data. Certain transactions by…
-
Continue reading →: How I Start Hitting the Gym
I believe one thing for sure—“Those who gossip to you will gossip about you.” Let me share with you how this belief shaped my lifestyle over 25 years ago. Back then, I had a routine of having breakfast with two friends before heading to work. It was a ritual we…
-
Continue reading →: Key Takeaways from Dr. Ramesh’s WebinarMastering Risk Assessment:
Yesterday I attended an eye-opening webinar led by Dr. Ramesh Ruben Louis on “Risk Assessment and Approach to Set Up Sample Size in Abot auditing software.” It was a fantastic deep dive into effective audit sampling strategies and using tools like Abot to streamline our work. Here are my key…
-
Continue reading →: The Digital Evolution of Reading in Malaysia
Last Friday, we gathered in the office for a laid-back celebration of our October birthdays. With fast food on the table and cool drinks in hand, the conversation soon shifted from fries and nuggets to something close to my heart – reading. As we sat there enjoying the food, I…
-
Continue reading →: SCTP … Wow
Recently, I had the chance to attend an insightful 1.5-hour webinar titled “Capitalising on MS Copilot” by the Singapore Chartered Tax Professionals (SCTP). Though I am not a member, I often find SCTP’s webinars to be highly relevant, especially for short, impactful sessions like this one. Many of us are…
-
Continue reading →: Modernizing the Accountants Act: What Can MIA Do Now?
We are hearing increasing reports of firms struggling with staffs, seniors, and managers leaving, causing growing dissatisfaction. As the worrying trend continues, it only worsens for those who remain. They are being asked to take on more work to cover for those who have left. The number of accounting majors…
-
Continue reading →: GST 2.0 Is Coming?
According to Nanyang Siang Pau, the government is preparing to reintroduce GST (Goods and Services Tax) in the 2025 Budget, with the mechanism and exemption list already finalized, ready for announcement. The implementation is expected by 2026 to help improve the country’s financial position ahead of the 2027 general election.…
-
Continue reading →: AI In Tax
Artificial Intelligence (AI) can significantly enhance the tax compliance sector by automating repetitive tasks, improving accuracy, and providing insightful analysis. Here’s how AI can be implemented in this field: NOTHING above is integrated into our current tax compliance work, I am still use last century tax software to do our…
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 