GST Healthcare Centre – Alert #2

Kindly take note that there is a new paragraph on Good Written-Off has been added to the Para 66 revised General Guide as at 12 July 2016. The below excerpts has pointed out that scrap sales are subjected to GST…

Kindly take note that there is a new paragraph on Good Written-Off has been added to the Para 66 revised General Guide as at 12 July 2016. The below excerpts has pointed out that scrap sales are subjected to GST…

What is the Personal Data Protection Act 2010 (PDPA)? The Personal Data Protection Act 2010 (PDPA) is a law in Malaysia that aims to promote ethical business practices and regulate the collection, maintenance, retention, and disposal of personal data. It…

Treatment for the Supply of Commercial Land/Building by an Individual Many individual owners of commercial property or land face confusion regarding whether they need to register for Goods and Services Tax (GST). The Royal Malaysian Customs issued a new guideline…

A year has passed since the implementation of Goods and Services Tax (GST) in Malaysia and how far the SMEs have fared? There are still lots of questions lingering around the business sector and the consumers as well; some are…

“As we look ahead into the next century, leaders will be those who empower others.” ~ Bill Gates “You want to be the pebble in the pond that creates the ripples for change.” ~ Tim Cook “The law of giving…

The economic landscape in Malaysia has changed since the implementation of Goods and Services Tax (GST) and it changes the rules on how a business should be play. We have witnessed lots of new incorporations of private limited companies and…

“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of…

Automatic Exchange of Information Regime – a new international development on measures for combating cross-border tax evasions The recent Panama Papers scandals have exposed how the big multinationals and powerful rich are using the tax heavens to move funds around…

Cheng & Co, in collaboration with TGS Global, will be organising the prestigious TGS Global Conference in Kuala Lumpur, Malaysia in November 2016. TGS is a global accountancy and legal network of independent firms, currently with 46 members from 42…