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Continue reading →: A Complete Guide on E-Invoice
As Malaysia moves towards a more digital economy, the implementation of the e-invoicing system marks a significant step. Here’s an overview from hashtag#ktp to help you understand what’s coming and how you can get ready on E-Invoice. ✅Internal Training on E-Invoice (30-Apr-24) Stay updated and informed through our active learning…
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Continue reading →: Why You Should Join Me for a Half Marathon?
Last year, I convinced and started training six (6) office colleagues, who are not runners, for a 21km run. You may read the full story from “Guiding My Colleagues to Half Marathon 21km Success 🏃♂️🏃♀️🏅” https://bit.ly/46Q8cZn Getting my office colleagues to sign up for a half marathon and train together is…
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Continue reading →: Keep Going: A Message to Young People Facing Challenges
Life is full of challenges, and sometimes things don’t go as planned. I know this from personal experience. I took the SPM (Sijil Pelajaran Malaysia) twice. The first time, in Senior Middle 2, I didn’t get a credit in Malay and was left feeling unsatisfied. Determined to improve, I retook…
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Continue reading →: I am not lawyer
Dengan izin, Yang Arif I want to share my journey handling tax appeals at the Special Commissioners of Income Tax (SCIT). I know my first appearance in SCIT more than 15 years ago. So, what’s SCIT? It is a place where I go as tax agent if my client are…
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Continue reading →: Understanding IRB Tax Audits in Malaysia
Here are the top five common questions Malaysian taxpayers often ask about the Inland Revenue Board (IRB) tax audits: 1. Why am I being audited?2. What happens if discrepancies are found during the audit?3. What documents should I prepare for a tax audit?4. What issues does the IRB typically focus…
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Continue reading →: Office Politic Woe
Last week, I met with my former hashtag#ktp manager, who now works for a larger company. I asked her about her experiences over the past two years. She shared a lot about office politics. She explained that in the same division, different bosses compete for the same clients. It’s the…
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Continue reading →: (Tax Update) Complying with IRB Requests for Tax Information and Documents in Malaysia
When you receive a notice under Section 81 of the Income Tax Act 1967 from Malaysia’s Inland Revenue Board (IRB), it’s important to respond with the required tax information within 30 days. Ignoring such requests can have serious consequences. These requests are part of ensuring tax compliance and can involve…
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Continue reading →: Tennis day
Hey everyone! 🎾 Today was a first for me—I played at the Nusa Duta Tennis Complex’s indoor court because of the rain. I usually hit the courts at Palm Resort at 8 AM, but today was a little different. A little trip down memory lane: I picked up tennis in…
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Continue reading →: ChatGPT Prompt for Analysis Account
Years ago, analyzing financial reports in the planning, during and after audit took a lot of time and effort. Now, it can be done quickly using in ChatGPT with following prompt: “I am an experienced auditor specializing in analyzing company financial reports, especially the details about spending and profit and…
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Continue reading →: I don’t like rock climbing at all.
I used to do it before the lockdown for about two years because I wanted to climb high mountains that are over 6,000 meters tall. However… I found rock climbing to be quite boring and it didn’t excite me much. It is not my cup of coffee. It’s true that…
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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