AVE Consulting Services

23/10/2022

13/01/2022

If currently you are encounter situation:

>Looking for new accountant for your new business
There is no loss for you to enquire since we are providing free consultation to your business.

Hence please do not hesistate to contact us for more information…
There is no lose for you to enquire since we are providing free consultation to your business.

Contact information:
AVE Consulting Services
Whatsapp: 017-3388966
Email: [email protected]

06/06/2021

Benefit of hiring professional bookkeeper

> Save your time
Financial task is time-consuming and tedious for business owner.


>secure loans from banks and other creditors
business owners have a solid history and a good handle on your business’ finances with past performance.


>smooth for an audit and tax season
compliance with obligation and avoid heavy penalty

AVE Consulting Services is a dynamic consulting firm from KL valley which focus on:

Contact:
WhatsApp: 017-3388966
Email: [email protected]
Website: https://ave-consulting-services.business.site/
FB: https://www.facebook.com/Jay-Siah-105933800790251

22/05/2021

In the business and accounting world, this is very important to identify the meaning of asset and liability.

Not only have to understand it, but also have to know when and how should it be recorded and its impacts on the business environment.

AVE Consulting Services is a dynamic consulting firm from KL valley which focus on:


Contact:
WhatsApp: 017-3388966
Email: [email protected]
Website: https://ave-consulting-services.business.site/
FB: https://www.facebook.com/Jay-Siah-105933800790251

14/05/2021

Wishing you and family a warm and blessed Aidilfitri, showered with love and happiness, with laughters and joy!
We sincerely hope that the Covid pandemic can end soon, so we can reunite again!
**
祝您和家人温暖，幸福的艾迪菲特里（Aidilfitri）充满爱与幸福，欢笑与喜悦！
我们衷心希望Covid大流行能够尽快结束，以便我们再次团聚！
**
AVE Consulting Services
Hotlines: 017-3388966
Email: [email protected]
Website: https://ave-consulting-services.business.site
Facebook: https://www.facebook.com/Jay-Siah-105933800790251

18/03/2021

Hey, It is a good day. ❤️🥰
Question and answer on Form E

As an employer, do you know what is Form E?
We, AVE Consulting Services provide some of the questions and answers regarding Form E?

Q1 What is form E about? 🚩
Answer: Form E is a declaration report submitted by every employer to inform the IRB on the number of employees and the list of employee's income details

Q2 Who needs to submit form E? 🚩
Answer: All employer, even sole proprietor and partnership, exclude individual

Q3 When is the deadline on Form E? 🚩
Answer: Every year not later than 31st March


Q4 What If You Fail To Submit “Borang E and CP8D”? 🚩
Answer: Failure to do so will result in the IRB taking legal action against the company’s director.

A minimum fine of RM 200 will be imposed and could go up to RM 20,000 per year of assessment.

Late submission will be subject to a fine of RM 200 per year of assessment.

An additional fine of RM 200 will be imposed if and only if you commit the same offenses twice and gradually increase for the same offenses committed on the future tax submission.


Interested on step how to do submission and wish to get a free soft copy on Form E?

Please like and follow our page + messenger to us (Form E) and we will provide a totally free soft copy FormE and video tutorial.

Like, follow and share will give us more chance to serve you better.


We are AVE Consulting Services specialized in below area:
💼Accouting 💼Tax 💼Audit 💼Secretarial

Need more help? We always listen to you and can reach us via below:
WhatsApp: 017-3388966
Email: [email protected]
Website: https://ave-consulting-services.business.site/
FB:https://www.facebook.com/Jay-Siah-105933800790251 💼

12/03/2021

Self employment SOSCO Benefits

07/03/2021

Newsletter on individual and company tax rates in YA2020 - Malaysia.

Summary on Individual and Company.

06/02/2021

Hereby I attach the EA form softcopy and questions related to the EA form. Hope this can helps you all while in the midst of preparation.
(1)What is EA form?
This is the annual remuneration statement which needs to be prepared by employers and delivered to the employee
The employee will use this for personal income tax purposes.
(2)When is the deadline for EA form?
The deadline is before 1st March in the year immediately following the first-mentioned year.
(3)How to fill-in?
B1 (a)-(f) : Gross Salary, Wages, Leave Pay, Fee, Commission, Bonus, Perquisites, Allowance, Income Tax, Shared Benefits & Gratuity
B2 : Type of income
B3 : Benefits in kind
B4 : Value of living accommodation
B5 : Refund from unapproved Provident/Pension Fund
B6 : Compensation for loss of employment
(4)What is the consequence if not compliant?
A fine of RM 200 to RM 20,000 or imprisonment for a term not exceeding 6 months or both if fail to prepare and render EA Form to employees before the last day of February.
Looking for accounting, audit, taxation, and secretarial services? Free consultation for new client and thanks much for your trustiness
Please do not hesitate to WhatsApp and email me at:
WhatsApp: 017-3388966
Email: [email protected]
Website: https://ave-consulting-services.business.site/
FB: https://www.facebook.com/Jay-Siah-105933800790251

15/01/2021

What is IAS 1?
Standard as guidelines to prepare the financial statement.

Key definition of term below:

1Asset - It is economic resources which helps to generate future benefits and additional cash flow to entity.

2Liabilities - Obligation which need to be settled by entity &sums of money owns and need to be paid in future.

3Equity - Amount return to company which all the asset had net off with liabilities.

4Income - Business receives in exchange for providing labor, producing a good or service, or through investing capital.

5Expense - cost of operations that a company incurs to generate revenue

15/01/2021

There are three type of finance statement. As a boss, how should I read this?

1.Statment of financial position - this is the report which tell how my company position in term of asset, liability and equity.

2.Statement of comprehensive income - this tell us the company performance whether was in profit and loss in certain period.

3.Statement of cash flow - this report represent the complements of SOFP AND SOCI. Showing us how well a company cash flow management in operating, investing and financing activity.