EXPENSES ALLOWABLE FOR COMPANY TAX

1. Accounting fees
2. Audit fee
3. Secretarial and filling fees
4. Tax agent fee
5. Advertising, promotion, and marketing
6. Bank charges
7. Office cleaning
8. Office supplies
9. Upkeep of office
• Repair of broken lights, furniture, air conditioners, keyphone, plumbing
system, pest control, detergents, etc.
10. Upkeep of office equipment
• Service/ maintenance of computers, printers, photocopiers, electrical appliances, air
conditioners, fire extinguishers, etc.
11. Printing and stationeries
12. Postage and courier
13. Rental of office
14. Rental of office equipment
15. Entertainment
• Staff entertainment/ welfare (e.g. free meals and refreshments, annual dinners,
sporting activities, Company trips and family day within Malaysia) (Allowed)
• Flowers/ gifts for customer’s opening of new outlet (50% Allowable)
• Festive hampers/ gifts without business logo for customers (50% Allowable)
• Entertainment to existing customers, suppliers, bankers, lawyers, etc. (50%
Allowable)
16. Staff refreshment
17. Gift and donation
• Gift of money to the government/ local authority (Allowed)
• Festive hampers/ gifts without business logo for customers (50% Allowable)
18. Telephone and internet
19. Travelling and accommodation
• Overseas and local business travelling expenses (e.g. hotel, bus/taxi/rail/air fares,
per diem, petrol, parking, toll, etc.)
• Travelling and related expenses incurred in respect of non-staff (Disallowed)
• Private/ domestic expenses (e.g. amount incurred on spouse and/or children
accompanying the person on business trip) (Disallowed)
• Staff entertainment/ welfare (Allowed)
20. Petrol, parking and toll
21. License and registration
22. Legal expenses
23. Medical expenses
• Paid for staff medical claims (Allowed)
• Paid for directors' medical claims (Disallowed as private/ domestic in
nature)
24. Insurance
• Paid for travel insurance, fire and burglary policies, group medical/
personal accident insurance, professional indemnity policy, motor vehicles
insurance, etc. (Allowed)
• Paid for personal/ family policies of directors/ employees (Disallowed)
25. Stamp duty
26. Penalty and summon
• Penalties for late contribution of EPF/ SOCSO/ monthly tax deductions, late filing
of annual returns, late payment of quit rent/ assessment, traffic summons, etc.
(Disallowed)
27. Seminar and training
28. Dues and subscription
29. Water and electricity
30. Website and domain renewal
31. Directors’ cost ;
• EPF
• SOCSO
• EIS
32. Directors’ allowances
33. Staff cost ;
• Salaries and wages
• EPF
• SOCSO
• EIS