How to pick the ultimate pricing strategy

Let’s talk about your pricing strategy today! Pricing is such a broad and tricky subject. SO MANY factors influence it. As we head into a global recession (no thanks to COVID), businesses have to re-adjust their pricing strategies to encourage customers to return. On the flip side, some economies may even experience inflationary pressures as

Why you should never avoid paying taxes

If I run my business at a loss I can avoid paying taxes right? It’s a question that as an accountant, I hear quite often. In the basics of tax we learn that we calculate tax as a % of profit. Profit is what you get after subtracting expenses from your income. There are a

Inflation and interest rates – why are they so important?

Hi there accounting fans! Let’s talk about inflation and interest rates! No matter where we live in the world, we are suffering the effects of the COVID-19 pandemic. Apart from the obvious health effects, COVID-19 has also affected economies around the world. As countries like Malaysia enter a recession, we enter a new and unpredictable

The most easy guide to calculate FIF tax

Hi there accounting fans! Let’s calculate FIF tax! So in the first part to this guide, we discussed the steps to determine if you are eligible for FIF tax. In the second part now, we will look at how to calculate for FIF tax. The first bit of this part will look at: Determining the