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Getting a tax agent to audit my company, Don't know where to start or the process
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TSAvangelice
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 Jun 11 2025, 10:13 AM, updated 6 months ago
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Questions to fellow business owners, it's been bugging me as of late with the multiple policy changes on LHDN side that it's making me pause to consider getting my company accounts in order. Atm I have an outsourced accountant but I don't think she is expert in tax deductions & minimizing the taxes I pay per year. So if my company was to kena audit by lhdn, I doubt she be affective.
If i were to get a tax agent from a legit accounting company, what will they be asking and do their charge a one off audit basis or I have to engage them every month making my accountant redundant?
This post has been edited by Avangelice: Jun 11 2025, 10:15 AM
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TSAvangelice
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Jun 11 2025, 10:42 AM
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QUOTE(thxxht @ Jun 11 2025, 10:27 AM) Get your company secretary to recommend tax agent. Mine is PLT not sdn bhd bro |
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TSAvangelice
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Jun 11 2025, 11:03 AM
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QUOTE(idunnolol @ Jun 11 2025, 10:46 AM) my boss kena 80k for 3 years. LHDN reject a lot of expense claim We at first kena demanded 200k . Find tax expert. Reduce to 80k. 20% downpayment. Rest on 3 year installment lmao Tax expert say by right those expense can claim but we didnt word them properly. Our accountant accept but LHDN reject Yeah exactly my fears because she told me to put my multiple claims in and is making me feel uncomfortable. I should find one now. |
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TSAvangelice
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Jun 11 2025, 11:11 AM
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QUOTE(GalaxyV @ Jun 11 2025, 11:06 AM) tax agent is not to audit your company. For auditing, it is auditors' duties. PLT is not required to have its financial statements audited but you can do so for compliances and internal control. Get a qualified accountants lah. Our forum ada banyak. If i want someone to cross check my accountant I should get another accountant to check her work? Is this what you are saying? |
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TSAvangelice
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Jun 11 2025, 11:20 AM
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QUOTE(GalaxyV @ Jun 11 2025, 11:13 AM) yes, or the accountant who has knowledge in auditing and taxation planning Some accountant firm does have audit department and they do offer this service as well. It is called review work with tax consultancy as well. but if you do this way, the current accountant will be hurt. You need to overcome to handle his/her mind/heart.  Ah shit. This is exactly what I'm trying not to let happen. This accountant stuck with me post covid and charges 1.5k a month and never changed her pricing. |
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TSAvangelice
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Jun 11 2025, 12:16 PM
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QUOTE(idunnolol @ Jun 11 2025, 11:34 AM) Ya so for us. We go makan with customer, can only claim 50% but our accountant let us claim 100%. She suppose to cover our track by claiming staff refreshement but didnt So 1 aspect kantoi with LHDN. Another was tinting of company car. Not allowed also as expense But something need to be smart. Like headcount of ur clinic maybe 3 pax. u claim makan with client for 10 pax ,LHDN will straight kantoi de We go makan with customer, can only claim 50% but our accountant let us claim 100%. She suppose to cover our track by claiming staff refreshement but didnt This! I just found out myself it's not 100%. Hence why I'm losing a little sleep |
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TSAvangelice
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Jun 11 2025, 01:10 PM
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QUOTE(yhtan @ Jun 11 2025, 12:17 PM) Get a tax consultant to file for your PLT tax, then ask them advise how to minimize the tax. The fee normally charge one off for every year tax filing. It depends on your business nature, hardly clinic bring customer (patient) out to makan. More reasonable to put makan with medicine/medical equipment supplier and claim 50% of it. Correct. That's the industry norm |
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