Record Keeping Requirements In Malaysia

All businesses in Malaysia are required to comply with the record keeping requirements in accordance with Malaysian laws and regulations. According to Section 82 of the Income Tax Act 1967, every person that carries on a business in Malaysia has the duty to keep proper documentations as well as give receipts. Whether you are new […]

Tax Compliance in Malaysia

When operating your business in Malaysia or anywhere in the world for that matter, tax compliance is one of the things you always need to be wary of. The reason being you can never know when your business will be audited for tax purposes, and when interruption to operations happens as a part of a […]

Late Payment & Filing Penalty in Malaysia

A business could face late payment and late filing penalty for non-compliance and this could have adverse and long-term effects on its overall operations. Active companies and businesses in Malaysia are required to file their annual return and income tax return by the given deadline.  In accordance to the Companies Act 1965, companies and businesses […]

Tax Planning in Malaysia

The best tax filing practices start with the right tax planning in Malaysia.  Although you can find numerous resources such as an article about tax planning in search engines such as Google, professional assistance is indispensable. An accounting services firm such as Accounting Services Hub offer expert help for companies that want to navigate their way […]

Income Tax Filing Malaysia

It is important to know the proper income tax filing methods in Malaysia if you don’t want to get tangled with penalties, charges, and worse, legal sanctions. If you are not sure how to file your individual or business tax, you need a competent and trusted accounting services firm to help you. It is not […]

How to Calculate Income Tax in Malaysia

If you are not sure how to calculate income tax in Malaysia, the good news is that you can find a wide range of guides and resources to help you. One of the best things to do is to find a reputable and trusted accounting and tax services firm to help you comply with your […]

How to Save Tax in Malaysia

There are ways to maximize your tax savings in Malaysia while fulfilling your personal tax obligations at the same time.  Knowing your tax duties and some tax saving strategies are of vital importance because you are obliged to comply with the Income Tax Act 1967, to file and to pay your income tax to the […]