FAQ: Beneficial Ownership Reporting Framework of Legal Persons
Corruption…Money laundering…where do we even begin? Well, let’s start with the fact that it is becoming increasingly common to see the use of anonymous companies to hide links to sources of funds and enable corruption. That would obviously explain why in recent years, we have seen a spike in corruption issues and money laundering scandals […]
RM 2.6 Billion Dollar Question on How Gift Should Be Treated?
This is a question we get asked a lot – do I need to pay taxes when I receive a gift? Well, the simple answer is no. BUT in the event whereby the tax authorities ask for capital statements, it could become an issue because let’s be honest, most of us do not record or […]
Engage a Virtual Chief Financial Officer
As we adapt to the new norm and flexible work arrangements, have you ever considered engaging a virtual Chief Financial Officer (CFO)? What is a virtual CFO? A virtual CFO basically handles all the duties of a traditional CFO, but work remotely and would monitor the financial aspect of the business, usually with cloud technology […]
[VIDEO] 5 Tax Preparation Strategies Every Entrepreneur Should Know
Do you want to maximize your entrepreneurial tax advantages and make the upcoming tax season less “taxing”? Check out our recent sharing session with Jonah Sia on 5 Tax Preparation Strategies Every Entrepreneur Should Know. Organise your tax paperworks Understand qualified deductions and credits Take advantage of the latest tax laws Itemize business expenses Prepare […]
Affluent Personalities: Shivajini Seelan
Managing Partner, Shivajini Seelan was featured in the Affluent Personalities section which highlights industry remarkable personalities and exceptional organizations. Read on to find out more about the importance of taxation, Covid-19 implications on the market condition, and tips for aspiring entrepreneurs. “Dear Ms Shivajini, can you kindly introduce yourself particularly about your company JS PARTNERS? […]
Plan and Manage Your Corporate Finances Better
Financial planning and management are one of the most important aspects in business. If you own or run a startup, a new business or it could even be a family-run business, you need to plan, organise, control and monitor your business finances. Why? Because good financial management brings about significant advantage for the business to […]
Joint or Separate Assessment?
Most people have the perception that a couple enter into a wedded bliss – the most perfect and romantic time of a couple’s life together – right after their wedding. Along with its many joys, marriage brings new challenges. Like it or not, saying the words “I do” means committing, among other things, to making […]
Investment Tax Allowances in Malaysia
Investment tax allowances (ITAs) can be used to artificially reduce taxable profits; what are the varieties available in Malaysia? Scroll down to find out! If you need more information, do reach out to us on Whatsapp at 012-2192490 for a 30-minutes FREE consultation!
Important Filing Dates 2020/21
This week we are going to talk about the important filing dates for 2020/21, make sure to save this so you don’t miss the deadlines. Need more information? We will be able to assist you with all matters relating to accounting, taxes and beyond. Fill in this form and we will get back to you! […]
All about the Real Property Gains Tax (RGPT), what do you need to know?
How is the Real Property Gains Tax (RGPT) calculated, and what kind of impact does it have on you? The RPGT would be a reality to all homeowners and real estate investors across Malaysia.Thanks to the new incentives announced during PENJANA 2020, Malaysians who sell off their residential property between 1 June 2020 and 31 […]