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Continue reading →: CP500 Penalty Waived for 2026 … What This Means for Taxpayers
On 5 January 2026, Lembaga Hasil Dalam Negeri Malaysia (HASiL) announced an important concession following the New Year Address 2026. Many individual taxpayers who received CP500 instalment notices, especially salaried employees with some side income, were concerned about penalties. The Government has now confirmed that no penalty will be imposed…
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Continue reading →: Dear Young Professionals in Accounting Firms,
I still remember a group of Big 4 audit staff came to my office for a meeting. They were smart. Polite. Well spoken. After the meeting, they left.And on the table… used tissues, scattered papers, empty cups. I stood there for a moment and thought the next morning,“Alamat… how can…
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Continue reading →: (Tax Update) A Practical Guide for SMEs on Qualifying for Pioneer Status and Investment Tax Allowance under MIDA’s Promoted Activities & Products List
Most SMEs think tax incentives are something you apply for after you invest. That is already too late. In Malaysia, Pioneer Status and Investment Tax Allowance are not automatic. They are controlled by one document only. MIDA’s Promoted Activities and Products List. If your activity is on the list, you…
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Continue reading →: Why does time suddenly fly after 50?
Last week,I was running at Gunung Pulai with my hashing friends. I joked, half laughing, half shocked:“Eh… how time fly like this?It’s almost end of 2025 already.Macam yesterday just Chinese New Year.大家又赚多一年!” Everyone laughed.But it stayed in my head. So I went to read a bit.And what I found was…
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Continue reading →: (Tax Update) Transition from STAMPS Portal to e-Duti Setem
Please register for e-Duti Setem promptly, as the STAMPS portal will be ‘retired’ at 6pm today. To access e-Duti Setem, users must first log in to their individual MyTax portal, select “Perkhidmatan ezHasil”, then navigate to “Duti Setem” and subsequently “e-Duti Setem”. If your company or law firm has registered…
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Continue reading →: (TAX UPDATE) How to Reduce Your Personal Tax Legally Before the Year Ends
Here is a summary of the key personal tax reliefs for YA 2025 : Personal & Family Children Medical & Health Education Lifestyle Savings & Insurance Special What You Should Do Before 31 December Read the full content in our bloghttps://lnkd.in/gY4JjwDh （税务）如何在年底前合法减个人所得税 主要个人税务减免 个人与家庭 孩子 医疗与健康 教育 生活方式 储蓄与保险 特别减免…
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Continue reading →: I Quit Ultra Running for 5 Years. My 2026 Resolution Is to Come Back
I quit ultra running for five years.Not because I decided to quit.I just slowly stopped showing up. Last week, I walked into JPO Kulai for massive year end salesAnd somehow…I walked out with two pairs of Hoka trail shoes. That was the moment I knew.Okay lah. It’s time. Fifteen years…
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Continue reading →: (TAX Update) Construction Contracts PR 5/2025.
Contractors and project owners, please don’t take this lightly. LHDN has issued Public Ruling 5/2025 and replaced PR 2/2009. The message is clear. Tax on construction contracts is now stricter on timing, loss claims, and documents. Key cautions for SMEs. 2.Profit follows progress.Income must be recognised based on stage of…
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Continue reading →: I Thought Bike Touring Looks Fun on TikTok. I Was Wrong.
In 2019, I bought an Africa Twin.By November 2025, the mileage was still below 15,000 km. In the last two years,I rode it maybe eight times only.Mostly home to office. Office to town.Sometimes I was so lazy I even asked Big Wing to ride it for service. Then I posted…
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Continue reading →: (TAX UPDATE) 2025 Malaysia Word of The Year : Tax (税)
In 2025, one Chinese character won Malaysia’s word of the year (马来西亚年度汉字) … “税” (tax). Not because it is trendy. Because it hurts. For SME owners, tax today is no longer something you settle once a year with your accountant. It now shows up : When you price your servicesWhen…
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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