Tax 101 for Small Businesses

The pandemic has seen a boom in small businesses as many people started their own businesses ranging from baking to selling clothes to ICT services. While many have found new opportunities in this wave of new entrepreneurial strides, there's a lot of considerations to be had. One such is taxation. How can you make a better tax plan for your business? Why should you set up a sendirian berhad or open up a business bank account instead of using your own personal bank account? Tax expert Thanneermalai Somasundaram of Thannees Tax Consulting Services shares some advice. Image credit: Shutterstock.com