基期、会计期间（马来西亚）—了解财务年结与评税年度（YA）
Introduction Understanding the basis period accounting period malaysia is essential for companies, LLPs and businesses when preparing financial statements and filing tax. This article explains the difference between “Basis Year”, “Basis Period” and “Accounting Period” under the Income Tax Act 1967 (latest consolidated), and how your choice of financial year-end may impact your Year of […]
马来西亚支出与费用：可扣税 vs 不可扣税
Introduction Malaysia outgoings and expenses rules determine which business costs are deductible for tax purposes. Understanding deductible vs non-deductible expenses, accrual of expenses, and relevant case law is crucial for proper tax compliance. Deductible Outgoings and Expenses Expenses wholly and exclusively incurred in producing gross income (accrual basis) include: Interest on borrowed money. Rent payable. […]
业务开始与预运营支出：可扣除与规则
Commencement of Business & Business Expenditure 1.Introduction Commencement of business is a critical concept in Malaysian tax. It determines when expenses become deductible and how companies should treat pre-operational costs. 2.Commencement of Business & Business Expenditure Pre-commencement expenses are generally not deductible. Qualifying Capital Expenditure (QCE) may be eligible for capital allowances once the business […]
