Taxation With Sarah

What is Consistency Principle? The Consistency Principle, in its simplest form, states that once your company, or more particularly, your...

A foundational idea in accounting is the going concern concept. It assumes that a firm will carry out its present goals, utilize its...

Goods & Services Tax (GST) was a consumption tax introduced in 2015 to replace the sales tax and service tax before it. GST has its...

In our last blog, we talked about how to form a company in Malaysia. Now, what do you have to do after you form a company? Step 3:...

According to the World Bank’s 2018 Ease of Doing Business ranking, Malaysia, which came in at number 24, is quickly gaining popularity as...

One of the most technologically advanced nations in the world, Malaysia, is an area of culture and modernity. Due to increasing workloads...

Did you know that in 2014, over 65,000 employers were found to violate the law by failing to file Form E? Employers should be better at...

You must be aware of the responsibilities that come along with earning your own income as an employee in Malaysia. Paying your tax is one...

We can all agree that COVID-19 has wreaked havoc on businesses and the global, economy, making 2020 and 2021 extremely difficult....

Goods & Services Tax (GST) was a consumption tax in Malaysia that was in effect from April 2015 to May 2018. While it was short-lived, it...

The Income Tax Act of 1957 (ITA) was changed on 9th February 2012 by the Finance Act of 2012, which reduced Section 54A’s 100% income tax...

The 2012-established Malaysia Transfer Pricing Guidelines define "transfer pricing" as "intercompany pricing arrangements for the...

An income statement called CP58 displays all earnings in the form of cash and non-cash benefits. Allowances and bonuses are two instances...

Goods & Services Tax (GST) was a consumption tax in Malaysia which was in effect from April 2015 to May 2018. While it was short-lived,...

Under our current capitalistic modern era, our society is increasingly reliant on consumption as a driver for the economy. This spurred...

The world now is in a consumerist paradise, with more and more things to spend money, and more and more ways to acquire the funds to...

The Inland Revenue Board of Malaysia (IRBM) recently issued Public Ruling No. 4/2022 (dated 20 October 2022) to replace Public Ruling No....

Goods & Services Tax (GST) was a consumption tax introduced in 2015 to replace the sales tax and service tax before it. GST has its...

Transfer between Husband and Wife On any instrument of property transfer executed by a husband and wife, the full imposition of stamp...

Consumerism is a powerful force in today’s economy, and of course the government wouldn’t just let it slide. Consumption taxes have been...