It comes as no surprise (or maybe it does), but a company will have to file tax returns and pay taxes too- failing to do so will land the company in very, very hot soup! Now that the warning is out of the way, let us briefly look at some of the common tax offences…
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What are some of the taxes that your company has to pay when you are running a company? Let us briefly find out. 1) Corporate tax This includes business profits, dividends, interests, rents, royalties, premiums, and other income derived from your company dealings in Malaysia. If your company is spanking new, take note of the…
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Filling your tax, especially for first-timers, can be a daunting task. Therefore, we have decided to share a brief guide on how to file your income tax to assist you in this matter. Who needs to file for income tax? Individuals whose total annual income (after EPF deduction) is RM34,000.00 and above; Individuals who earns…
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