taxPOD

Tax Implications of Entertainment Expenses

Entertainment expenses are a common topic of inquiry from clients, relatives, and acquaintances, each seeking clarity on their tax treatment. This article aims to address two frequently asked questions and delve into the intricacies of the tax treatment of entertainment expenditures. Question 1: Is Ang Pow an Entertainment Expense One…
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Understanding Imported Service Tax in Malaysia

Introduction: With effect from 1st January 2019, taxable service acquired by any person in Malaysia from any person who is outside Malaysia for the purpose of business will be subject to 6% imported service tax. This will include taxable services acquired by person not registered under sales and service tax.…
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Letitia Chew Portrait

Letitia Chew

LCCI (Goon International College), Bible College Of Malaysia (BCM) YYC Accounts Director, with over 25 years of hands-on experience in tax and accounting finance in various industries, acknowledging SME challenges, identifying issues, providing consulting and proposing solutions to stockholders including personal tax planning and company tax planning.
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Ida Lim Featured Image

Ida Lim

C.A. (M), FCCA (UK) YYC Northern Region Director, with over 20 years of experience in auditing, financial accounting, taxation, and advisory.
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Hen Yee Portrait

Hen Yee Goh

C.A. (M), FCCA (UK) YYC Southern Region Director, with over 10 years of senior accounting and taxation experience, specializing in assisting SMEs across industries such as manufacturing, construction, wholesale, trade, and retail.
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Tifannyz Yap

C.A. (M), ACTIM, B.Acc. (Hons) (UTAR) YYC Tax Expert, with over 10 years of experience in accounting, finance, direct and indirect tax, and transfer pricing. She has managed tax compliance, audits, and investigations across various industries, including trading, investment holding, and property development.
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Fong Ying Portrait

Fong Ying Chai

CPA (Aust.), C.A. (M), B.Acc. (UPM) YYC Tax Expert, with over 8 years of experience in tax compliance across various industries. Specializes in company and personal tax planning, budget analysis, and latest tax developments. Actively conducts webinars on taxation and e-Invoicing topics.
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Jeremy Tan

ACTIM, BSc Bus. & Mgmt. (Oxford Brookes) YYC Tax Associate Director, with over 14 years of experience in tax compliance and advisory across diverse industries. Expertise includes transfer pricing, company and personal tax planning, tax investigation, budget analysis, and the latest tax developments.
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Jinhson Kwong

FCTIM, CTP, MBA, ABNLP, AHBM, ICBCH YYC Tax Director, with over 10 years of experience in offering extensive tax expertise across various industries, including manufacturing, retail, education, investment, and services, while assisting both large and small corporate clients.
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