EPF Employer Contribution Extension
In line with the government’s announcement to extend the Recovery Movement Control Order (RMCO) until 31 December this year, the Employees Provident Fund (EPF) has also announced to extend the due dates for employers to remit their mandatory contributions from the 15th to the 30th of each month from September to December respectively.
Hiring Incentive Programme (PenjanaKerjaya)
YAB Prime Minister Tan Sri Muhyiddin Yassin has announced on National Economic Recovery Plan (PENJANA) that employers may receive hiring incentive from PERKESO starting 1 July 2020 – 31 Dec 2020. The Hiring Incentive Programme (PenjanaKerjaya) is an economic recovery plan designed to promote employer’s job creation while improving job prospects. For more information, please […]
Incentives for Property Sector – Home Ownership Campaign (HOC) and Real Property Gains Tax (RGPT)
The government wants to stimulate the property sector again and it is with this in mind that Home Ownership Campaign (HOC) will be reintroduced while there will also be stamp duty and Real Property Gains Tax (RPGT) exemptions. As a consumer, make sure that you refer to reliable licensed financial planner to figure out whether […]
Moving your Business to the Cloud
Many are interested in moving their practice to the cloud or cloud accounting, but just don’t know how to take their first steps. To run an efficient practice, you probably want to transition clients on to your preferred cloud accounting software. It will allow you to run a seamless operation and take full advantage of […]
5 Useful Accounting Tips for Small Businesses
Starting a business? You might find accounting to be the scariest piece of the puzzle. We have compiled the top 5 tips we think might be useful when you are running a small business!
Loan Moratorium Extension for Targeted Groups
The government has announced a targeted extension for the moratorium on bank loans for those who either lost their jobs or had pay cuts this year as a result of the Covid-19 pandemic. Find out how individuals and businesses can benefit from this extension.
Protecting Your Startup with a Shareholder Agreement
Starting up a new business is exciting and stressful. You and your co-founders may not want to think about anything negative happening or slow down to plan daily operations, founder exits, or share valuation. You must, for the protection of your startup. Here are some common disputes companies often struggle from and learn how a […]
Flexible Work Arrangement (FWA) Incentives
As Malaysians practice the ‘new normal’ in the face of the Covid-19 pandemic, the government has introduced flexible work arrangement incentives to encourage work-from-home (WFH) arrangements for employers and employees.
Office Needs A New Look ?
Its time to renovate and refurbish your office ! Currently , expenditure incurred on renovation and refurbishment of business premises is not deductible for tax purposes. Following the economic stimulus package , the government had announced in order to encourage businessess to carry out renovation and refurbishment of their business premises, a deduction is given […]
National Economic Recovery Plan (PENJANA)
What Is In The Government’s New RM35 Billion Economic Recovery Plan? The Government unveils the National Economic Recovery Plan or PENJANA on 5th June 2020, meant to help boost the Malaysian economy once again – especially in the face of a possible global recession. PENJANA will focus on 3 key thrusts – Empower People, Propel […]