Download and read the Handbook for Goods and Services Tax (GST) for Businesses

Malaysia government is going to implement the Goods and Services Tax (GST) on 1 April 2015.

The Royal Malaysian Customs Department has published a Handbook for Goods and Services Tax (GST) for Businesses, which is a very good reference book for everyone in Malaysia to have better understanding about this upcoming GST. You can download its e-Book for free from their website.

Click here to download the Handbook for Goods and Services Tax (GST) for Businesses.

The content of this 183-pages handbook consists of:

1. Salient features of GST

• What is GST?
• Proposed GST model
• Basic elements of GST
• Registration for GST

2. Accounting for tax

• Charging output tax
• Entitlement of input tax
• Apportionment rules
• Credit note & adjustment
• Debit note & adjustment
• Bad debt & adjustment
• Filing of GST return & payment
• Record keeping 

3. Implementation of GST and business preparation

• Preparation for implementation of GST
• GST implications
• Tax code
• Business preparation for GST
• Supplies spanning GST
• Non reviewable contract
• Special refund

Beside this handbook, you can also find many information about GST implementation in Malaysia from this official website: http://gst.customs.gov.my/en/Pages/default.aspx

Top 30 property developers in The Edge Malaysia Property Excellence Awards 2014

The Edge Malaysia has just announced the Top 10 winners in their Property Excellence Awards 2014, which are:

• Sunway Bhd
• Sime Darby Property Bhd
• SP Setia Bhd
• UEM Sunrise Bhd
• Gamuda Bhd (Property Division)
• Tropicana Corp Bhd
• IGB Corp Bhd
• Eastern & Oriental Bhd
• Mah Sing Group Bhd
• IOI Properties Bhd

Following the Top 10 winners above, the subsequent Top 11-30 are:

• UOA Development Bhd
• I&P Group Sdn Bhd
• Bandar Utama City Corp Sdn Bhd
• IJM Land Bhd
• KLCC Property Holdings Bhd
• Glomac Bhd
• YTL Land & Dev. Bhd
• Eco World Development Group Bhd
• Naim Holdings Bhd
• Bandar Raya Developments Bhd
• WCT Land Sdn Bhd
• Selangor Dredging Bhd
• Wing Tai Malaysia Bhd
• MKH Bhd
• Paramount Corp Bhd
• KSL Holdings Bhd
• PJ Development Holdings Bhd
• OSK Property Holdings Bhd
• Plenitude Bhd
• TA Global Bhd

Congratulation to the Sunway Group for winning this award. Besides, their Banjaran Hotsprings Retreat also won The Edge-PAM Green Excellence Award 2014.

iCapital.biz newsletter RM25 one year subscription special offer

In conjunction with the 25th anniversary of iCapital.biz, this newsletter run by Mr. Tan Teng Boo is now having a special promotion of RM25 for one year subscription (normal price: RM720), a very generous 96.5% discount!

This newsletter, available in English and Chinese language, in printed and online platform, contains detail analysis of local and regional macroeconomics observation, their view on equity markets in Kuala Lumpur, New York, Tokyo and Hong Kong, company news and analysis, several stock portfolios, trading picks, etc.

Considering the amount of effort, intelligence and skill required to produce this weekly newsletter, I believe RM25 is really value for money for all stock investors in Malaysia.

For the printed version, postage charge is free if you choose ordinary POS Malaysia service, and you will need to pay extra for other faster and/or safer delivery service.

Even if you choose the ordinary mail option, you can still access the updated content online while waiting for your printed copy to reach your doorstep.

Click here to find out more detail and online subscription to the iCapital.biz RM25/year special offer

Besides, Capital Dynamics is going to have their 2014 Investor Day on 11-12 October in Kuala Lumpur Convention Centre. You can click here for more detail and online registration to the event.