Preparing accounts for small businesses in Malaysia can be a daunting task for small business owners. Some business owners prefer to focus on their business activities rather than managing their books of accounts. This can be risky because if a company fails to comply with legal and tax regulations, it may stand to face heavy [...]
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 [...]
An annual return refers to the summary of the profile of the company consisting of its general information to be filed every year to the Suruhanjaya Syarikat Malaysia (SSM). The contents of the company profile include the business office address, branch office address, registered office address, principal business activities, and charges that are registered [...]
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 [...]
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. At Accounting Services Hub , their team provides expert help for companies that want to navigate their way through business expenditures [...]
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 [...]
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 [...]
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 [...]
At Accounting Services Hub, we assist our clients with a wide range of outsourced accounting services, such as taxation services, payroll services, financial accounting services, bookkeeping services, auditing services, nominee services, corporate secretarial services, for optimised performance. By outsourcing your accounting services with us, you will enjoy properly prepared accounts and practical recommendations that [...]
