For SMEs
Bookkeeping and accounting, done for you.
You run the business. We keep the books up to date every month, prepare your financial statements and file your tax return, whether that is Form B, Form P or Form C.
Sound familiar?
Most small businesses do their accounts last
Books that are months behind
Invoices and receipts pile up, and the accounts only get done when the tax deadline is close.
Not knowing your real profit
Money comes in and goes out, but you cannot say for certain whether the business made money this month.
Personal and business money mixed
One bank account for everything makes it hard to prove which expenses belong to the business.
No statements when the bank asks
A loan or financing application needs financial statements, and there are none ready to show.
What is included
Everything between a receipt and a tax return
Monthly bookkeeping
Your sales, purchases and expenses recorded from bank statements, invoices and receipts, every month.
Bank reconciliation
Every transaction in your bank statement matched to your records, so the books and the bank agree.
Financial statements
Profit and loss statements, balance sheets and cash flow statements you can read and rely on.
Tax computation and filing
Your tax computed and your return prepared and submitted on time: Form B for sole proprietors, Form P for partnerships and Form C for companies.
Receipts management
Receipts and invoices digitised, sorted by expense type and stored securely for seven years.
Audit support
A clear audit trail, and representation if LHDN asks questions about your business.
Every month
A simple monthly routine
Your business type
What applies to your business?
Choose how your business is set up to see how it is taxed and what we do.
How you are taxed
You and the business are one taxpayer. Your business profit is declared in your own tax return, Form B.
Key date
Form B is due by 30 June each year, together with any balance of tax.
What we do
Bookkeeping, profit and loss statement and balance sheet, tax computation and Form B filing.
How you are taxed
The partnership itself does not pay income tax. It files Form P, and each partner declares their share of profit in their own Form B.
Key date
Form P and each partner's Form B are due by 30 June each year.
What we do
Bookkeeping, partnership accounts, Form P filing and each partner's share of income for their own Form B.
How you are taxed
A company is a separate taxpayer. It files its own return, Form C.
Key date
Form C is due within 7 months after the company's financial year ends.
What we do
Monthly bookkeeping, management accounts, year end schedules for your auditor, company tax computation and Form C filing.
Tax forms and dates are under Malaysia's Income Tax Act 1967 (Act 53). See all important dates.
See your numbers
Your profit and loss, any time.
Log in to the TaxWorx portal to see your income against expenses by month and by category, check which bank statements we have received, and download your reports.
Good to know
Why monthly books pay for themselves
Better decisions
When you can see profit by month, you know what to grow and what to cut.
Lower tax, legally
Expenses recorded with receipts through the year are expenses you can claim.
Ready for LHDN
Section 82 of the Income Tax Act 1967 (Act 53) requires business records to be kept for seven years. Ours are organised from day one.
Get started
Let us take the books off your desk.
Tell us about your business and we will quote you.