FAQ
Questions commission earners ask us.
Short answers on CP58, filing, expenses and audits. For anything else, message us.
What is a CP58?
Form CP58 is the statement a company gives its agents, dealers and distributors showing the commission and incentives paid to them during the year. It is required under section 83A of Malaysia's Income Tax Act 1967 (Act 53). The company must issue it by 31 March of the following year, and LHDN uses it to check the income you declare.
Do I need to file tax if I receive a CP58?
Yes. Under Malaysia's Income Tax Act 1967 (Act 53), commission is treated as business income, so it must be declared in your annual tax return (Form B), which is due by 30 June each year. We prepare and submit the return for you before the deadline.
Which expenses can I claim?
Under section 33 of Malaysia's Income Tax Act 1967 (Act 53), expenses incurred wholly and exclusively to earn your commission can be deducted, provided you keep the supporting receipts. We sort and classify your receipts so nothing eligible is missed.
How long must I keep my receipts?
Section 82 of Malaysia's Income Tax Act 1967 (Act 53) requires you to keep your records and receipts for seven years. Our receipts management service digitises and stores them securely, so they are ready whenever you need them.
What happens if LHDN audits me?
We compile your records into a clear audit trail, prepare the documents LHDN requests and attend the meetings with you.
Do you also serve businesses, not only commission earners?
Yes. We do bookkeeping, accounting and tax for SMEs: Form B for sole proprietors, Form P for partnerships and Form C for companies.
How much does it cost?
Plans start from RM50 per month. Your fee is set by your latest CP58 commission income and reviewed once a year in April.
How do I get started?
Message us on WhatsApp or send the contact form. We will ask for your latest CP58 and quote your plan.
Can I cancel my subscription?
Yes. Cancellations are processed quarterly, with written notice at least 30 days before the end of the current quarter. The full terms are in our price and cancellation policy.
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