Wong Yeng Mun & Co

Top 3 Accounting Mistakes SMEs Make — and How to Avoid Them”

Stamp duty in Malaysia - What is it?

The deadline for employers to submit Form E (YA 2025) in Malaysia is 31 March 2026. A grace period typically extends the e-filing (e-E) deadline to 30 April 2026. Failure to submit by this date, including for dormant companies, may lead to penalties under the Income Tax Act 1967.

How Can SMEs Survive Rising Costs in 2026?

With global tensions and inflation driving up fuel, logistics, and raw material prices, many Malaysian SMEs are feeling the pressure. But survival is possible — with smart financial strategies and proactive planning.

Here are 5 ways your business can stay resilient:

1️⃣ Review Cash Flow Weekly – Stay ahead of shortfalls and adjust spending quickly.
2️⃣ Renegotiate Supplier Terms – Lock in better rates or switch to local vendors.
3️⃣ Prioritize High-ROI Spending – Focus on what drives revenue and retention.
4️⃣ Explore Tax Reliefs & Incentives – Don’t leave money on the table.
5️⃣ Seek Professional Advice – A good accountant can help you restructure costs and plan ahead.

📊 Rising costs don’t have to mean falling profits. Let’s build financial resilience together.
💼 Need help navigating 2026? Our team is here to support your business.

Shadow industries may seem invisible, but their impact is real. From unregistered online sellers to cash‑only businesses, these hidden activities hurt Malaysia’s economy and create unfair competition. With e‑invoicing and stricter enforcement, the government is closing the gap. Stay compliant, file your taxes, and protect your business from penalties. At WYMCO, we’re here to guide you every step of the way

Warmest wishes for a blessed Hari Raya Aidilfitri from all of us at WYMCO and HHS. May this festive season bring joy, peace, and prosperity to you and your loved ones.

The baseline to determine your tax exposure.....reproduced from IRB of Malaysia.

Top 5 Things to Prepare Before Submitting Your Tax.......

It’s March 2nd—the busiest month for business owners has officially begun! ☕

Wishing you a New Year overflowing with laughter, joy, and boundless blessings! Cheers to a brilliant and joyful year ahead!

Cheers to a new year and another chance for us to get it right …..

Warmest wishes from all of us at WYMCO and HHS.