DLA Malaysia - Everyone's Chartered Accountant

🇲🇾 First-Time Home Buyers 🏡 Don’t Miss Out on This Tax Relief 🤩

If you’re buying your first home, your home loan interest may qualify for tax relief — and you can claim it for up to 3 consecutive years! 😍

📌 Key Points for First-Time Home Buyer Mortgage Interest Tax Relief:
✅ Must be your first residential property
✅ SPA signed between 1 Jan 2025 – 31 Dec 2027
✅ Applicable for both individual & joint purchases
✅ The property must NOT be used to generate rental or business income
✅ Relief starts from the year you first pay housing loan interest, and can be claimed for 3 consecutive years

💰 Tax Relief Amount:
1️⃣ Property priced at RM500,000 and below
→ Up to RM7,000 per year
2️⃣ Property priced between RM500,001 – RM750,000
→ Up to RM5,000 per year

🏠 Many people only realize this when they’re about to sell their property — you may need to “share your profit” with the government too 💸

This tax is called RPGT (Real Property Gains Tax) — one of Malaysia’s main property-related taxes.
If you buy and sell houses, land, or other real estate, you could be subject to it 🔥

📌 Based on the latest policy updates:
🟡 RPGT now applies only to real property transactions
🟡 Starting from 1 January 2024, the disposal of shares in real property companies is no longer subject to RPGT, and will instead fall under Capital Gains Tax (CGT)

⚖️ In other words, whether you’re an individual selling a property or a company disposing of assets, it’s important to understand which type of tax applies to you!

🚀 Thinking of Starting a Company⁉️ Here’s How to Register a Sdn Bhd in Malaysia 🇲🇾

Wondering if setting up a Sdn Bhd requires a lot of documents or if the process is complicated? 🤔

Good news — it’s actually more straightforward than you think !

⭐️ 5 Steps to Register a Sdn Bhd:
1️⃣ Get your company name approved by Companies Commission of Malaysia 🔍
2️⃣ Prepare the required incorporation documents 📄
3️⃣ Directors sign the necessary documents 📝
4️⃣ Submit the documents & pay the registration fees 💰
5️⃣ Receive your successful incorporation notice from SSM ✉️

📌 Friendly Reminder:
Once your company is incorporated, remember to apply for the necessary business licenses before starting operations.

And don’t forget to open a company bank account too 💳✨

🇲🇾 6 reasons why Banks Prefer Lending to Sdn Bhd Companies ‼️

You might think banks only look at whether you “have a business”…
👉 But that’s not the case 😤

🔍 What banks really care about is :
🔹 Is your business reliable enough to lend to ?
🔹 How high is the risk ?
🔹 Can you repay the loan in the future ?

💡 When it comes to financing, Sdn Bhd companies usually have an advantage — and here’s why :
✅ More structured and formal business setup
✅ More complete financial records & tax history
✅ Clear separation of liability
✅ Stronger business continuity
✅ Easier for banks to assess risk

At the end of the day, banks aren’t being “strict” —
👉 they simply need to protect their own risk 😤

🇲🇾 KOLs You ight Be Underpaying Tax ‼️ Even FREE gifts & sponsored stays are taxable

📸 If you create content on social media + have influence + earn income,
then in the eyes of Lembaga Hasil Dalam Negeri Malaysia — you’re considered an influencer 🤓

💰 If it’s income from a “business,” whether in cash or non-cash form,
👉 it must be declared

📝 Expenses that are “wholly and exclusively” incurred to generate income are tax-deductible ✂️
Here are some common claimable expenses:
✅ Filming equipment (camera / microphone / lighting)
✅ Editing software subscriptions
✅ Advertising & marketing costs
✅ Studio rental
✅ Assistant salaries
✅ Transportation (e.g. attending events)

💡 Reminder: If you’re earning from content, you’re already running a business —
so manage your taxes properly ✨

🇲🇾 5 Accounting Habits That Every Business Owner MUST have ‼️ To avoid costly mistakes & stay audit-ready ✨

Many business owners 👨‍💼👩‍💼 focus on daily operations…
only to realize at year-end:
❌ Tax issues arise
❌ Cash flow is unclear
❌ Not even sure if the business is profitable

If you want to save costs, stay compliant, and run your business with peace of mind, these 5 tips are essential :
1️⃣ Business Account ≠ Personal Account
Keep them separate to reduce risk and maintain clarity.

2️⃣ Keep All Supporting Documents 🧾
Be prepared in case of an audit by LHDN

3️⃣ Don’t Delay Your Accounts — Update Them Regularly
Monthly updates help you stay in control and make better decisions.

4️⃣ Learn to Read Financial Reports 📊
Understand your Profit & Loss and Balance Sheet
👉 Know where you’re making money — and where you’re losing it

5️⃣ Plan Your Budget in Advance
Stable cash flow = smoother business planning
💡 Strong financial management builds a stronger business.

🇲🇾 2026 Tax Reliefs : Pay Less Tax with these Deductions ✨

Time flies ⏳ — 2026 is already well underway!

Many people only start looking for tax reliefs when tax season arrives 😩
But the truth is, a lot of tax-deductible expenses need to be planned in advance.

If you don’t pay attention throughout the year, you might realize at filing time 👉
you didn’t prepare for any of the claimable items 🥲
So starting now is actually the perfect time ✔️
In 2026, many everyday expenses can help reduce your tax, such as:
✨ Medical expenses
✨ Lifestyle & education-related expenses
✨ Digital devices
✨ Parents’ medical expenses
✨ Self-improvement courses

⚠️ Important reminder: Keep all your receipts 🧾
Without proper receipts, even eligible expenses may not be claimable!