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Continue reading →: (Tax Update) One MyTax password became a RM395,000 tax problem.
Sounds very drama.But recently, there was such a story in the news. A lady found someone online to help her handle tax matters. Maybe at first, she only thought it was convenient. Someone said can help her settle.Someone said can help her submit.Someone said she no need to headache. So,…
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Continue reading →: (Valuation) He Rejected a 5x Offer. 18 Months Later, The Market Gave Him Lower.
Last year, one boss sat in front of us.On the table, there was a real buyer. Not those simply ask ask only type.Real money.Strategic buyer.Terms also quite clean. The buyer was willing to offer around 5 times PAT.The boss looked at it and said very calmly: “My industry is 8…
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Continue reading →: My First Audit Training In The 90 Was Not Audit. It Was Proofreading Until No Soul.
I started my audit career in 1990. My first serious audit training was not auditNot accounting standard.Not audit software. It was “proofreading” audited financial statements until my eyes also wanted to resign. In those days, we called it “calling over” or “reading back.” I bet many young auditors today may…
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Continue reading →: (Tax Update) Sdn Bhd Did Not Pay EPF. Why Was the Director Personally Sued?
Many SME bosses believe one thing.“Sdn Bhd means limited liability.” The company owes money, that is the company’s problem.The company closes down, gets wound up, and the director should be safe already. Sorry.When it comes to EPF, it may not be that simple. In a Malaysian Federal Court case, Mohd…
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Continue reading →: Last Time Need 10 Staff. Now Maybe 1 Good Enough Already.
During our May 2026 AI automation project team progress meeting, Arthur Yong, our senior manager, shared one story that made the whole room quiet. He had just attended a recent closing meeting with one of our audit/tax client. The client casually shared that he had built his own AI company…
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Continue reading →: The One Slide I Nearly Did Not Prepare for My AI Webinar
Before the MIA Johor webinar on “AI in accounting firms” started today, the moderator, Wen Tak Wong, asked me one simple question.“Teck Peng, do you have any slides to share?” My first answer was very confident.“No need.” Because I thought this session was not meant to be another PowerPoint presentation.…
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Continue reading →: (Tax Update) LHDN Says You Need to Pay More Tax. You Only Have 30 Days to Decide Whether to Appeal.
When you receive a Form JA, Notice of Assessment from HASiL,you sees one letter from HASiL.Open and see.Form JA.Then he looks at the tax payable amount.His eyes suddenly become double size.“Har? Why so much one?” Straight away, he calls the accounts girl.The accounts girl looks at it and says:“Boss, this…
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Continue reading →: (Tax Update) Boss, Budget Speech Is Not Tax Law Yet
Every time client asks me the same question :“Mr Koh, your fee for preparing Transfer Pricing Documentation can deduct tax or not?” My answer used to be very fast.“No.” Then client will argue.“Cannot be lah. Finance Ministry already announced. Budget also got say. Government already give tax deduction.” Then I…
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Continue reading →: (Tax Update) The RM1 Share Transfer Problem Under Capital Gain Tax
Boss, your company shares may say RM1.But LHDN may ask:“Actually worth how much?” This is where many SME bosses may suddenly sit up straight.For many years, share transfer at RM1 was very common in Malaysia. Operating Sdn Bhd transfer subsidiary shares to holding Sdn Bhd.Sister company transfer shares to family…
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Continue reading →: Why I Still Refuse to Sell AI Consultancy
Ever since I started posting about our AI automation project, something funny happened. Clients started asking me.“Mr Koh, can you train our staff on AI?”“Can you come to our company and do AI consultancy?” One even asked:“Can you teach our old seasoned uncles and aunties how to use AI?” 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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