Description
In announcing the 2006 Budget, the Prime Minister placed emphasis on the private sector, saying that it has an important role in generating economic growth. He accompanied this with several measures to further increase and improve incentives to enhance the nation's business competitiveness. Responsible businessmen will want to rise to this challenge by making the best use of what the tax system has to offer as well as by being diligent in complying with the requirements of the tax code. They need to be well-informed and well-advised in order to minimise the exposure of their businesses to tax liabilities and penalties and so free up precious resources for business development.
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 businessmen and the people who are responsible for looking after their affairs. It cannot be emphasised too much that the self-assessment tax regime, newly-introduced for individuals, 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 be saved 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 particularly to help avoid some of these problems.
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 for you to help keep the business on the right track tax-wise. The easy-reading style, clear examples and a comprehensive index make it convenient for you to search for the ideas that specifically interest you. ISBN:9789832631637
