LLKoong: tax rate on chargeable income up to the first RM500,000 should be reduced to 17% from the current 18%.

BUDGET 2018 maintained a strong emphasis on SMEs as industry observers note a bigger allocation for the sector compared with 2017. However, many also note that a cut in corporate tax was sorely lacking.

FTA An improved taxation structure with emphasis on a more business-friendly environment by the government is vital for the country before proceeding with any bilateral free trade agreement (FTA).

There is a new breed of opportunist known as the grantpreneur who specialises in obtaining grants under false pretences... see the story covered by the Edge...

All registrants may now request to the Customs Director General for 2 months taxable period (Bi-monthly) subject to the following conditions:

Contrary to popular assumption, the Internal Revenue Department (LHDN) doesn't just go after wealthy titled individuals as seen in the recent investigation of several Tan Sris and Datuk Seri over tax evasion.

Withholding tax is an amount withheld by the resident carrying on business in Malaysia on income earned by a non-resident and paid to the Inland Revenue Board of Malaysia.