Reduce Your Taxes Legally! Top 3 Significant Tax Deductions for Businesses Can Claim

<p>In this episode, we have Alfred Yong from AYKS Management Services on the show to discuss the top 3 expenses which businesses can claim for tax deductions. </p> <p>The areas of discussion include:</p> <p>- Overview on top 3 expenses which businesses can claim for tax deductions</p> <p>- Section 33 (1), Income Tax Act 1967 (ITA)</p> <p>- How business owners can claim entertainment expenses</p> <p>- Examples of deductible entertainment expenses</p> <p>- Show of proof before claiming tax deduction</p> <p>- Repairs and renewals expenses</p> <p>- Allowable and non-allowable expenses for repairs and renewals</p> <p>- Benefits in kind and repair for vehicles</p> <p>- Example of real-life case for tax audit by LHDN</p> <p>- Final piece of advice</p> <p>Check out AYKS Management Services here:</p> <p><a href="https://isearch.com.my/business/ayks-management-services/" target="_blank">https://isearch.com.my/business/ayks-management-services/</a></p> <p><a href="https://www.facebook.com/AYKSManagementServices/" target="_blank">https://www.facebook.com/AYKSManagementServices/</a></p> <p>#tax #smesmalaysia​​ #isearchpodcast​​ #isearchmalaysia​​ #isearch​ #smes​ #taxdeduction #ayks</p>