Tax questions? You ask lah! #41

Published: Wed, 09/22/21

Tax questions? You ask lah!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!

A retail company wants to donate goods worth RM1000 to a person who needs them. Can the company claim tax deduction?

A:
Donation is generally not tax deductible unless it is an approved donation.

How to indicate that the entertainment expense is for staff?

Write down the name of the staff whom you have entertained on the bill.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

P.S. I've received a lot of tax questions, so now I am answering the frequently asked questions and sharing them with you weekly!

P.P.S. If you're liking these little tips, you can't imagine how much you'll get out of my course! View the course here: bit.ly/youaskzenlah

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