What is withholding tax in Malaysia? Quoting directly from the Inland Revenue Board of Malaysia’s official website, withholding tax is an amount that is withheld by the party making payment (payer) on income earned by a non-resident (payee), and paid to the Inland...
Source: Beamstart.news Equity crowdfunding (ECF) platform, Mystartr, announced earlier today that the company has helped 8 SMEs and startups raise a total of RM8.67 million in Q1 2020 alone. The announcement was made earlier today via an online...
What is petty cash? Petty cash or a petty cash fund is a small amount of cash set aside by a business for daily or weekly expenses that require payment in cash terms, or are too small in amount to be issued a check. It is a pre-determined amount of cash that is kept...
You have successfully set up a new business, and provided goods and services to your first customer. What follows after is to be paid by your customer, but you realised that you have not prepared your company’s invoice template for invoice issuance, and you have no...
