Lee&Co

24/03/2024

Who do you need to pay income tax ?

Basically, individuals who earn more than RM34,000 per annum after EPF deductions are required to register a tax file. This figure does not only encompass your monthly salary, but also all other types of income, including earnings from your business or profession, employment, dividends, interest, discounts, rent, royalties, premiums, pensions, annuities, and others.

God bless our country.

25/05/2023

It's enterprise income tax season again!

Appreciate token from our government given out to Malaysian.

Wow...
Make sure you don't miss out tax relief which you can enjoy in 2022.

1. Domestic travel expenses
2. Full medical check-up expenses
3. Self-enhancement and up-skiling
4. Special lifestyle relief.
5. Socso contribution

Please do checkout through Official Income Tax Website for more details.

Salam Perpaduan dan Malaysia Madani

10/10/2019

Looking for accounting & bookeeping services for your company or enterprise ? We can help get you started here!

18/06/2019

Will coffee work out to furnish up your personal business account and submit on time while you are running business and meet up with client ?

Don't be struggle with it. Find us and you will find solutions. 😎

09/04/2019

https://ringgitplus.com/en/blog/Personal-Finance-News/Digital-Tax-Rate-In-Malaysia-Set-At-6-To-Begin-1-January-2020.html

The Dewan Rakyat has passed a bill to implement a digital service tax beginning 1 January 2020, at an approved rate of 6%.

22/03/2019

There Are Common Things Malaysians Don’t Realise Are Waste of Money. 🧐

1. Paying High-Interest Rates
2. Annual Credit Card Fees
3. Buying Consumables in Small Packages Rather Than Buying In Bulks
4. Last Minute Travel Insurance Compared With Annual Insurance
5. Over Loading Up On Supplements Which There Are Already Processed In Your Body
6 Paying for Cable TV Packages Rather Than Bundle TV Package Because It Gives Them More Value In Money.
7 Expensive/Luxury/Over-ordered For Food and Beverage Which It Is Already Overpriced Compared To Consumption. (Like Tun M said eat moderate).

In the end, I hope that the cost of all of the items mentioned above will eventually add value in your pocket.

Thanks.

07/03/2019

Why every Company needs to submit Form E
What is Form E ?
Who needs to file the Form E?
What if you fail to submit Form E?

Borang E is an Employer’s (annual) Return of Remuneration for every calendar year.
The due date for submission by 31st March of the following calendar year.

According to the Income Tax Act 1967 (Akta 53): –
“Every employer shall, for each year, furnish to the Director General a return in the prescribed form…”

If you are feel worry about failure for filing, please contact me to know more about it......

01/03/2019

Tired with long queue.
Pay now via Efiling.

👍

https://byrhasil.hasil.gov.my/?lgv=2