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 Transfer $ from company account to bank account

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KenM
post Jul 3 2025, 07:03 PM

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QUOTE(Rorschach85 @ Nov 14 2024, 06:17 AM)
Accountant : what is the purpose? Where is the receipt of proof? For claim? Receipt please, what is this what is that? U cannof produce proof, i wont endorse your audited report.
Saw many did the same for personal gain, in the long run, company slowly dying because lack of cash.
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just write a voucher and state fund withdrawal... it will be ok.. don't forget there's a maximum of rm3000 tax free for EPF/PRS contribution yearly, so every year, write a voucher and pay rm3k to his epf too..( provided he doesn't have to pay insurance, as the 3k encompasses this figure.. ask the accountant for clarification).. there's some personal perks for electronic gadgets rm3k every 3 years which he can use too
KenM
post Jul 3 2025, 07:58 PM

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QUOTE(Rorschach85 @ Jul 3 2025, 06:17 PM)
Creative accounting
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it's provided by LHDN..,personal is rm9k for all these but keep vouchers/bills as proof, married/kids etc are also another form of tax relief..(refer your accountant for details)..
KenM
post Yesterday, 07:45 AM

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QUOTE(plouffle0789 @ Dec 14 2025, 03:52 AM)
But accountant ask the boss how they should write in lhdn borang b wor?
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? the accountant asked this question?.. do they have the required qualifications n experience? or just book keepers?.. this is necessary, as you have to check all previous years work, which they had been submitting to LHDN..
in normal cases, they know what to do n advise you if the voucher was incorrectly filled

 

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