Do you know that Crypto Trading & Services are subject to tax in Malaysia? The Ministry of Finance (MoF) recently confirmed that income from crypto activities like trading, mining, and exchanges in Malaysia is taxable under the Income Tax Act 1967 (Section 4). This is because cryptocurrencies are treated like commodities and considered business income. On top of that, digital …

U.S. Tariff Hike: How It Affects Ordinary Malaysians 1. From 1% to 19% – What It Means For Us What Happened? Starting 1 August 2025, the U.S. increased the import tax (tariff) on goods from Malaysia from 1% to 19%. This means anything Malaysia exports to the U.S. is now much more expensive for U.S. buyers. 2. But I Don’t …

Malaysia subsidy cuts paused for tweaks??? The petrol subsidy at some point will happen. It is just a matter of time. Do you know the impact of the movement of RON95 to you. The whole idea of the subsidy rationalization is to save the RM10B- RM12B, so it must come out from our pocket either way, just who is getting …

Debt Nightmare A report from SAYS revealed an individual who racked Up RM300K In Debt On Gadgets, Food Orders & Chasing Status and with courage he shared his AKPK Journey. From RM10,000 monthly payments to financial freedom, a Malaysian shares his raw account of overcoming RM300,000 in debt with AKPK. What were some of the reasons he racked up those …

An example of financial mastery being applied here over a purchase of the Basic Tesla Model Y RWD vs Model Y Long Range AWD in Malaysia Question: 1. Do you really need the Long Range. How often in a month do you travel long distance? How often will you will need to drive non stop for 500km++ without any stop. …

Are You Engaging a Licensed Accounting Firm in Malaysia? Don’t Put Your Business at Risk by Engaging Unlicensed Providers Many SME business owners in Malaysia unknowingly hire accounting firms or individuals that are not legally allowed to offer accounting, audit, or tax services. This is as risky as going to an unlicensed doctor for medical treatment! Here’s What You Need …

“Accountant” Is a Protected Title in Malaysia! Are You Hiring the Right Accounting Firm and/or Person? Only MIA-Registered Individuals Can Call Themselves “Accountant” Under the Accountants Act 1967, anyone using the title “Accountant” in Malaysia must be registered with MIA (Malaysian Institute of Accountants). It’s not just a title — it’s a legal responsibility! Hiring Fake or Unregistered “Accountants” Can …

Financial Literacy: Your Foundation for Freedom Financial freedom starts with financial literacy. If you don’t understand how money works, it’s easy to fall into debt, live paycheck to paycheck, or make poor investment decisions. But with the right knowledge, you can make smarter choices, avoid costly mistakes, and build lasting wealth. What is Financial Literacy? It’s your ability to understand …

i-Saraan (KWSP Malaysia) i-Saraan is a voluntary EPF (KWSP) contribution program specially designed for: You contribute voluntarily to your KWSP savings, and the government will give you a matching incentive. What’s the Government Incentive? The government will match 15% of your contribution, up to a maximum of RM500 per year. Your Yearly Contribution Government Incentive (15%) How does it work? …

Build Multiple Streams of Income: Unlock & Diversify Your Financial Potential One of the most powerful steps to achieving financial freedom is to diversify your income. Relying on a single source, such as a full-time job or business, can limit your financial growth. By building multiple streams of income, you not only safeguard yourself against unexpected financial shocks but also …