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Continue reading →: E-Invoicing Update for MSMEs in Malaysia
Finance Minister II Datuk Seri Amir Hamzah Azizan recently outlined new e-invoicing regulations and support mechanisms during a parliamentary session. Here are the key points: E-Invoicing Requirement: MSMEs with annual revenues less than RM150,000 are exempt from issuing e-invoices currently. However, all businesses, including small traders, are encouraged to adopt…
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Continue reading →: A Leap Towards Lifelong Learning at KTP
Today, I am thrilled to share a story that exemplifies why we are so passionate about lifelong learning at KTP. Meet Ashley, our dedicated receptionist. Recently, she came to me with fantastic news: she is committed to pursuing the LCCI qualification. Every weekend for the next eight months, she’ll be…
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Continue reading →: Avoiding Common Mistakes When Setting Up an LLP in Malaysia
Navigating the Essentials: Mastering LLP Compliance in Malaysia Starting a Limited Liability Partnership (LLP) in Malaysia offers unique opportunities for entrepreneurs seeking the flexibility of a partnership with the benefits of corporate liability protection. However, the journey to establishing and maintaining a compliant LLP involves navigating complex regulations set by…
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Continue reading →: Why I Dislike Lateness
As the managing director of KTP, I have always valued punctuality. It is not just about being on time—it’s about respect, efficiency, and the domino effect of productivity. Let me share a story that explains why being late is something I can not stand. A few years ago, we had…
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Continue reading →: Smile! You are on camera.
At KTP, we prioritize the power of public speaking, integrating it into our training programs at all levels, from interns to managers. Why do we stress speaking in front of the camera? Here are my five compelling reasons: 1. Boosts ConfidenceSpeaking on camera may seem daunting, but it’s a fast…
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Continue reading →: (Tax Update) Foreign Source Income Remitted into Malaysia
The Inland Revenue Board (IRB) has updated its guidelines on tax treatment for foreign-sourced income, effective from January 1, 2022. These changes make it easier for companies and individuals in Malaysia to qualify for tax exemptions on foreign dividend income. Previously, to get a tax exemption, one had to meet…
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Continue reading →: I Am Sorry … Is Not Good Enough!
A senior in my team made a fundemental mistake that could have been very costly. When he realized his error, he immediately apologized to me. I responded, “It happens. What can we do to fix this now and prevent it in the future?” I knew getting angry wouldn’t solve anything;…
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Continue reading →: (Tax Update) Investment Tax Allowance
Are you in the manufacturing sector? Boost your business growth with Malaysia’s Investment Tax Allowance! This powerful incentive allows up to 100% tax deduction on qualifying capital expenditures for promoted products. Whether you’re a high-tech firm or a small-scale operation, the ITA supports a wide range of activities, helping you…
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Continue reading →: Behind Every Cup, There is A Story
Leadership isn’t just about steering the ship; it’s about noticing when your crew needs a little extra fuel to keep sailing. Today, I embraced the interesting role of KTP’s “Tea Lady,” witnessing first-hand the strain of deadline season. A senior colleague handed me a file for review, his exhaustion evident…
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Continue reading →: The Misadventure of My DNF at Tran QJM Gunung Pulai 50km
Let me share with you the amusing yet humbling experience of my recent ultra marathon attempt at Gunung Pulai. Spoiler alert: It ended with a DNF (Did Not Finish)! 1. Weather Woes (2am to 7am)Post-CP2 at 2am, the jungle turned into a misty, rainy mess. My headlamp barely lit up…
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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