Working as a full-time freelancer means you don’t have an employer to assist you with tax-related matters. This can complicate the tax filling procedure come tax season. So if you are new to freelancing and haven’t registered a tax file, here’s a quick guide on how you can do it. If you think freelancing is […]

The recent Budget 2021 proposes a number of initiatives for the real estate industry and home buyers. Read this article to find out the key highlights and benefits that home buyers can expect to receive from the latest national budget.  The Parliament has finally passed Budget 2021 at the policy level after 12 days of heated […]

Budget 2021 brings hope to small and medium enterprises (SMEs), startups and businesses in Malaysia that are affected by the COVID-19 pandemic. Read this article to find out the key highlights and benefits that your business can expect to get from the latest national budget. Many businesses, particularly small and medium-sized enterprises (SMEs) have been […]

Following the tabling of Budget 2021, the first major bill of the current administration, there has been a lot of discussions and debate over the proposed initiatives and how it could help Malaysians, as well as the country’s economy recover from the pandemic. These unprecedented times have not only thrown the economy into chaos, but […]

The recent economic highlights of  Budget 2021 was tabled in parliament by Finance Minister, Tengku Dato Sri Zafrul Aziz on 6 November 2020. Read below to find out the main takeaways that you can expect to get and understand how they may affect you and your business.  Though all eyes are currently focused on the […]

Malaysians are categorised into three different income groups: Top 20% (T20), Middle 40% (M40), and Bottom 40% (B40). This is based on the Department of Statistics’ (DOSM) Household Income and Basic Amenities (HIS/BA) survey of 2019. HIS/BA is conducted twice every five years. Over the years, the bar for each group’s income level has increased […]

Klasifikasi pendapatan di Malaysia dibahagikan kepada tiga golongan, iaitu T20, M40, dan B40. Maksudnya, pendapatan isi rumah bulanan penengah bagi kumpulan: Terendah 40% atau bottom 40% (B40) Kumpulan pertengahan 40% atau middle 40% (M40) Kumpulan tertinggi 20% atau top 20% (T20). Ini adalah hasil daripada kaji selidik Penyiasatan Pendapatan Isi Rumah dan Kemudahan Asas (PPIR […]

Do you know what is income tax relief? Tax reliefs are set by Lembaga Hasil Dalam Negeri (LHDN), where a taxpayer is able to deduct a certain amount for cash expended in that assessment year, from the total annual income. These are for certain activities that the government encourages to lighten our financial loads. For […]

How do you feel when you have to leave your children to go to work? For stay-at-home moms, getting back to work is tough. As a working mother, they are afraid that bosses expect them to work like they do not have children! For the Belanjawan 2020, the government introduced the Women@Work initiative in an […]

How many of you know what a Micro Genius is? If you do, you had an awesome childhood! Remember games like Super Mario, Donkey Kong, and (my absolute favorite) Contra? And if you were the younger sibling, chances are you were either Luigi in Super Mario or the dude with the blonde flat top hair […]

Phew! Anticipation was through the roof as we diligently listened to what was broadcasted last Friday. I’m talking about the annual national budget that was tabled in Dewan Rakyat on October 11, 2019. With themes ‘Shared Prosperity’ and ‘Kemakmuran Bersama’ spearheading the highly-anticipated event, we were all eager to know if the proposed key initiatives […]

Stay tuned to this page as we’ll be conducting live Budget 2020 updates on October 11, 2019 at 4pm. Days Hours Minutes Seconds The annual national budget is taking place on October 11, 2019, with themes ‘Shared Prosperity’ and ‘Kemakmuran Bersama’ spearheading the highly-anticipated event. Making its mark as the second annual budget presentation for […]

Hello Malaysia! We’ve entered October and it only means that we get to see what’s in store for us next year when Lim Guan Eng, our Minister of Finance presents the annual budget on October 11, 2019. The annual national budget has been one of the most anticipated events for Malaysians year in, year out as […]

In the run-up to Malaysia’s Budget2020 or Belanjawan2020, the government is seeking ideas and suggestions from its citizens as it looks to boost economic growth while narrowing the fiscal deficit. Budget 2020 will be tabled by Minister of Finance, YB Tuan Lim Guan Eng on Friday, 11th October 2019. Malaysians from all walks of life […]

Cozy neighborhood, amenities within a stone’s throw are just two things to describe Selangor. What if I told your there’s 13 more! Lets dive straight into some of the perks being a Selangorian.

[Updated on 29th April 2019] Tax season can be a stressful time for anybody. If you’re already juggling your bills, groceries, and other housing expenses, finding out that you owe the government back taxes can be a real nightmare.

Preparing a meticulous budget is indeed the best way to keep track of your daily spending. An effective budget will keep track of every cent going in and out of your pocket, ensuring that it is categorised and allocated properly. However, when some items are forgotten, the budget planning just goes into the drain – […]

Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020. Deputy Finance Minister Datuk Amiruddin Hamzah explained that the upcoming digital tax has a lower rate than that […]

Filling income taxes in 2019 don’t have to be complicated for Malaysians – especially new tax-payers! If you want to know how to get started and know the tax reliefs & benefits for you, read on!

Having troubles managing your budgets? Now we finally have a guide courtesy of the Ministry of Finance and Employee Provident Fund(EPF).  The finance ministry has launched the BelanjawanKu guide which is an initiative by EPF. BelanjawanKu is a reference budget for Malaysians that includes expenditure required by individuals and families to lead dignified lives with active […]