Understanding your challenges

SMEs and entrepreneurs may miss tax filing deadlines, submit inaccurate computations, or face difficulties in claiming refunds and credits.

How HKP helps

We prepare tax computations, tax returns, tax estimates and revised estimates, and liaise with LHDN for refunds and tax credits.

Our aim is to ensure that all submissions are made on time, computations are accurate, and refunds or credits are properly managed with LHDN. 

This reduces risk of penalties and helps you to build trust with regulators.

Typical deliverables

Annual tax computations, filed tax returns, and refund or credit documentation.

Understanding your challenges

Individuals often either miss deadlines or commence the preparation of their personal income tax returns too late resulting in incorrect filings, or failing to claim available reliefs.

How HKP helps

We prepare and file personal income tax returns, ensuring that all income, reliefs, and deductions are properly accounted for. In addition, we also assist to liaise with LHDN to resolve any issues. 

Our aim is to reduce the risk of penalties and ensures you pay only what is required.

Typical deliverables

Filed tax returns, tax computations, and relief optimisation schedules.

Understanding your challenges

Many businesses may not understand the complexity of the Malaysian tax landscape resulting in simplified approaches being applied that result in overpaid taxes, missing the ability to secure available incentives, or failing to structure transactions effectively.

How HKP helps

We provide tax planning strategies that help SMEs and entrepreneurs structure their operations efficiently and compliantly. We achieve this by identifying tax‑saving opportunities, ensure compliance with incentives, and provide practical structuring advice. 

Our aim is to help you reduce tax burdens and improve profitability.

Typical deliverables

Tax planning reports, incentive applications, and formal tax structuring advice.

Understanding your challenges

Businesses often lack documentation, struggle to present clear positions, and find dealing with regulators stressful.

How HKP helps

We represent and support SMEs and entrepreneurs during LHDN and Customs audits and investigations and provide support by preparing suitable evidence packs, clarifying positions, and liaising with the regulators to resolve audits efficiently. 

Our aim is to to reduce risk of penalties and ensures smoother resolution.

Typical deliverables

Audit defence packs, correspondence with LHDN, and resolution reports.

Understanding your challenges

The Malaysian tax legislation provides that the resident payer, i.e. you, are responsible to ensure that all payments to non-residents comply with the withholding tax requirements. Due to the complexity of the rules, the common challenge faced is that rules and misinterpreted, filings are missed and penalties are imposed.

How HKP helps

We advise on cross‑border payments and withholding tax obligations. In addition, we clarify obligations, prepare filings, and reduce risk of penalties.

Typical deliverables

Withholding tax computations, filings, and compliance reports.

Understanding your challenges

SMEs and entrepreneurs engaged in related‑party transactions often struggle to understand transfer pricing rules. Documentation requirements can be unclear, and failure to comply may expose businesses to audits, penalties, or disputes with LHDN. Many SMEs do not have the resources to prepare proper documentation, leaving them vulnerable.

How HKP helps

We provide simplified guidance tailored for SMEs, helping you understand the basics of transfer pricing and prepare the required documentation. 

Our aim is to ensure that your related‑party transactions are properly supported, reducing the risk of disputes and penalties. 

By clarifying obligations and preparing practical reports, we help you maintain compliance while focusing on your core business.

Typical deliverables

Transfer pricing documentation files, simplified compliance reports, and advisory notes for related‑party transactions.

Understanding your challenges

Taxpayers disposing of property or shares often face complex rules under RPGT and CGT.

Misunderstanding exemptions, miscalculating tax liabilities, or missing filing deadlines can result in significant penalties. 

Similarly, stamp duty obligations on share transfers, loan agreements, or restructuring transactions are often overlooked or incorrectly calculated.

How HKP helps

We calculate RPGT and CGT accurately, advise on exemptions, and prepare timely filings to ensure compliance. 

For stamp duty, we provide precise calculations, apply exemptions where available, and liaise with authorities to ensure smooth processing. 

Our aim is to reduce risk, optimise tax outcomes, and give you confidence that all obligations are properly managed.

Typical deliverables

RPGT computations and filings, CGT compliance reports, stamp duty calculations, exemption applications, and submission documentation.

Understanding your challenges

SST compliance is a major challenge for SMEs in Malaysia. Many businesses are uncertain about registration thresholds, filing requirements, or exemptions. Missed filings, incorrect submissions, or inadequate documentation can lead to penalties and audits by Customs. 

SMEs often find dealing with Customs officers stressful and time‑consuming.

How HKP helps

We assist with SST registration, prepare accurate filings, and provide advisory support on exemptions and thresholds. Our team ensures that submissions are made on time and documentation is complete, reducing the risk of penalties. 

In the event of Customs audits or clarifications, we prepare audit packs, clarify positions, and liaise directly with Customs officers to ensure smoother resolution. 

This allows SMEs to maintain compliance and focus on business operations without disruption.

Typical deliverables

SST registration documents, monthly or quarterly SST returns, advisory reports on exemptions, audit packs, and correspondence with Customs.