Why You Should Work With JS Partners
Hiring an accountant can be invaluable for a business that aims to stay ahead of the curve and maintain an upward growth trajectory. When you work with skilled accounting professionals at JS Partners, you are actually creating insurance against ineffective and poor financial management. We have helped businesses on accounting matters for over 20 years. […]
Why Outsourcing Your Accounting Operations Is the Right Choice
Are you torn between hiring an in-house accountant versus an outsourced accountant? 🤔 Here’s why outsourcing your accounting operations is the right choice 👇🏼📝💯 1️⃣ Access to finance and accounting expertise An external accounting team eats, breathes, and lives accounting 2️⃣ Achieve cost and time saving for the business Avoid extra overhead costs for in-house […]
Guidelines on How to Make Tax Clearance in Malaysia for Expatriates and Locals
What to do when you are retiring, resigning, terminated from your employment, or leaving Malaysia for more than 3 months? Well, if you want your last month’s salary to be credited to your account and not be withheld by the Inland Revenue Office, check out the guidelines on how to make tax clearance in Malaysia […]
Covid-19 Test Kits & Vaccination Are Tax-Deductible for Year 2021
Just a few more days left! Don’t miss this out when you file your taxes! At this point, we are pretty sure most of us would have spent money on Covid-19 tests or even vaccination. Well, good news for you! You can claim up to RM1,000 back as tax relief this year. Just make sure […]
Do You Need To Declare Your Rental Income to LHDN?
Not sure whether you need to declare your rental income to LHDN? 🤔 The answer is YES! 🔑🏠 If you own a property and receive a monthly rental – regardless through an agency or directly from the tenant – you are required to declare the income earned. A few things to note: 📌 Rental income […]
Quick Guide to Tax Deductions for Donations & Gifts
What constitutes LHDN-approved donations, gifts, and contributions? Is there a limit to how much you can deduct? Here are some basic queries of tax deductions for donations and gifts which you can use to lighten your tax burdens. If you have any other questions, reach out to us via WhatsApp https://wa.me/60143248237 and our team will […]
[Frequently Asked Questions] Income Tax in Malaysia
Whether you are a seasoned tax filer or a first-timer, you can never be 100% sure when filing your taxes. Chances are you would have some questions along the way and end up turning to Google or any tax consultants in your social circle. Here are some of the frequently asked questions for all things […]
How To Determine Residence Status?
A couple of weeks ago, I had a client asking about tax residency status for a few of the company’s employees. This would of course depend on the length of their stay in Malaysia 🇲🇾 Why is it important to determine tax residency status? 🤔 📌 It determines whether or not the employee can claim […]
Top 5 Automation Features in Xero
What’s next after digitalisation? 🤔 💻 AUTOMATION! We all know that business and accounting processes can be rather tedious and time-consuming. Now, imagine saying goodbye to mundane data entry and hello to increased productivity! 🤩 If you like the sound of that, you want to check out XERO accounting software. Here is the top 5 […]
Here’s a Quick Check Whether You Should Submit a Form E
All Malaysian businesses – large, medium and small companies have to submit Form E to the Inland Revenue Board (IRB) by the end of this month. Sdn Bhd companies irrespective active or dormant, with or without employees are required to file Form E as well. 🚨 Failure to submit Form E would result in a […]