100 Ways to Save Tax in Malaysia for Small Businesses,2ed
Author: Richard Thornton
Pub Date: 2008
Publisher: S & M
ISBN / ISSN: 978-967-5040-05-4
Binding: Soft cover
Price: RM 70.00
Designed specially to cater for small businesses, whether sole proprietorships, partnerships or small companies, 100 Ways to Save Tax in Malaysia for Small Businesses has been prepared to give ideas and guidance on tax mitigation for business owners and the people who are responsible for looking after their affairs. The self-assessment tax regime puts considerable emphasis on the responsibility of individual taxpayers and those responsible for business tax returns to do the job right and do it on time if they are to stay away from unnecessary penalties and additional tax liabilities as well as the stress of challenges by way of tax audit. 100 Ways to Save Tax in Malaysia for Small Businesses is a book written not only to inform but also to help readers avoid some of these problems.
This highly popular tax guide is completely up-to-date with new developments including the 2007 and 2008 Budget changes. Besides new material on sales and service tax, the book tells you about the effect of the reductions in the company tax rate, why a new small company will pay no tax in the first two years, and how the new one-tier system for dividends and the six-year transition will affect you. Valuable ideas are given to help you rethink arrangements in family companies.
Get to know incentives, reliefs and double deductions that are your right and how to make the most of them. Learn about tax payments and deadline dates so as to avoid penalties and costly mistakes. Receive guidance on how to structure your business activities in the most tax-efficient way.
Whether the business you are involved in is just yourself, or a partnership or a small company, this book contains a wealth of ideas to help you keep the business on the right track tax-wise. Many day-today activities such as borrowing money, buying and selling fixed assets and businesses, as well as more personal activities such as working from home and doing business on the internet are covered. The easy-reading style, clear examples and a comprehensive index make it convenient for you to search for the ideas that specifically interest you.
This book is a companion book to the highly-acclaimed 100 Ways to Save Tax in Malaysia for Individuals which provides the same kind of help and guidance for individuals, including employees and company directors who are not personally in business.
Other titles in the series:
- 100 Ways to Save Tax in Malaysia for Individuals
- 100 Ways to Save Tax in Malaysia for Property Investors
Readership
General
Jurisdiction
Malaysia
