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Continue reading →: (Tax Update) Boss thought by splitting into five small businesses, LHDN will not notice.
But LHDN may still see the same person. Boss said, “Mr Koh, I found one way to escape e-Invoice.” The moment I heard this sentence, I knew today got story to listen already. He said, “I close the Sdn Bhd, then open five sole proprietorships. Each turnover below RM1 million.…
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Continue reading →: (Tax Update) Your SME May Not Have a Tax Problem. You May Have a Document Problem
Your SME May Not Have a Tax Problem.You May Have a Document Problem. Sales signed one agreement.Procurement signed one vendor contract.HR signed one employment related document.Operations signed one warehouse rental.Director signed one shareholder advance. Everybody signed.Nobody stamped. Then the documents disappeared. Three years later, when bank, investor, auditor, lawyer, tax…
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Continue reading →: Why I Don’t Exercise With My Colleagues Anymore
Last month, one client asked me, “Bro, why you don’t bring your colleagues for exercise already?” Good question. Sit down first. Let me tell you the whole story as I have been very active with my colleagues all this years. It all started during MCO. Cannot go anywhere right, so…
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Continue reading →: (Tax Update ) You Resigned as Director. But Did the Bank Release You As Personal Guarantor?
Recently, a former director came to us with one question. He had resigned as director.Sold all his shares.New shareholders already took over the company. To him, this company was already history.No more board meeting.No more signing documents.No more company headache. Then one day, he suddenly remembered something. The SME loan.A…
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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.…
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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