What is the Going Concern Concept and why is it important in Accounting?
A foundational idea in accounting is the going concern concept. It assumes that a firm will carry out its present goals, utilize its...
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Nov 4, 20222 min read
Tax Update Deferment of Payment for Small-Value Withholding Tax (WHT)
The Chartered Tax Institute of Malaysia (CITM) proposal to make submitting withholding tax (WHT) forms and paying WHT of Small Value for...
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Nov 3, 20222 min read
Tax Update: Global Minimum Tax (15%)
Malaysia has consented to take part in enacting the 15% Global minimum corporate tax beginning in 2023. Large multinational enterprises...
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Oct 26, 20222 min read
BUDGET 2023: Incentives into B40, and M40 categories
The impact of the covid-19 epidemic on household income has had a negative impact on the composition of household groupings, resulting...
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Feb 8, 20222 min read
The Latest Announcement From MOE: Foreign Source Income
Taxation Techie Series 1 With the latest announcement from MOF, tax residents are now being exempted from tax on Foreign source income...
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