Is your company ready for E-invoicing?

Ultimate Guide to Income Tax Relief 2023 (for e-Filing 2024)

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Ultimate Guide to Income Tax Relief 2023 (for e-Filing 2024) Are you ready to maximise your tax savings for the upcoming e-Filing 2024? From medical expenses to education and lifestyle expenditures, understanding these tax reliefs can help you minimise your taxable income legally. Let’s explore the list of tax reliefs provided by the Inland Revenue […]

How to Issue e-Invoices for Profit Distribution & Foreign Income?

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How to Issue e-Invoices for Profit Distribution & Foreign Income? Navigating e-Invoicing can feel like a maze, more so when it comes to transactions that are not so straightforward, such as profit distribution and foreign income. Fret not, business owners! We’re here to demystify the process, ensuring you comply with the Inland Revenue Board of […]

14 Best HR Software in Malaysia (2024)

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14 Best HR Software in Malaysia (2024) Are you struggling to keep pace with the demands of modern HR management while juggling the complexities of running your business? From managing employee data to ensuring legal compliance, the challenges can seem daunting. However, regardless of the size of your business, leveraging an HRMS (Human Resource Management […]

JB Forum Recap: E-Invoicing Simplified

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JB Forum Recap: E-Invoicing Simplified We’re thrilled that our highly anticipated forum in Johor Bahru, E-Invoicing Simplified: Navigating E-Invoicing in Property & Construction Industries has successfully concluded. Held on 27 Feb 2024, the event brought together esteemed participants, industry experts, and distinguished guests for a day of insightful discussions and knowledge-sharing. Throughout the day, attendees […]

Mastering E-Invoicing: Monetary Payment to Agents, Dealers and Distributors

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Mastering E-Invoicing: Monetary Payment to Agents, Dealers and Distributors E-Invoicing is revolutionising Malaysian business operations, bringing enhanced transparency and efficiency into transaction, income and expenditure reporting for tax purposes. E-Invoices function as a Proof of Income for the issuer and a Proof of Expenses for the recipient when it comes to tax filing. As it […]

E-Invoicing for Reimbursement & Disbursement, and Employment Perquisites & Benefits

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E-Invoicing for Reimbursement & Disbursement, and Employment Perquisites & Benefits As the wave of e-Invoicing is about to sweep through Malaysia in 3 phases beginning August 2024, we are committed to help business owners and managers in understanding this transformation better. The Continuous Transaction Control (CTC) e-Invoice model to be adopted by Malaysia will ensure […]

Understanding the Workflow of E-Invoicing

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Understanding the Workflow of E-Invoicing As a business owner in Malaysia, the buzz about the upcoming implementation of e-Invoicing beginning 2024 has likely reached you in recent months. This revolutionary initiative promises to streamline transaction reporting and reform tax administration. Before you dive into this digital adventure, let’s learn about the vital role that your Tax Identification Number (TIN) and Digital Certificate play […]

e-Invoicing: Who, When, What & How?

e-Invoicing: Who, When, What & How? Most of you are probably aware of the upcoming implementation of e-Invoicing in Malaysia, set to roll-out in phases from August 2024 to July 2025. This innovative method of transaction recording, known as Continuous Transaction Control (CTC) e-Invoicing, forms a significant paradigm shift in the realm of taxation. To facilitate […]

What is E-invoicing in Malaysia?

Watch the Video to Find Out More: https://www.youtube.com/watch?v=Yfv9YxW4R1Q As announced in the recent Budget 2024, e-Invoices will be implemented in Malaysia by stages effective 1st August 2024, based on the annual revenue or turnover thresholds of businesses. By 1st July 2025, all businesses regardless of size will be required to issue e-Invoices in order to enjoy the greater accuracy, business efficiency and productivity it provides. […]

Discover a World of Opportunities with IFCA Solution Partner Programme

Discover a World of Opportunities with IFCA Solution Partner Programme Expand your business and unleash your potential through IFCA Solution Partner Program. Create a recurring revenue stream by signing up as the Solution Partner for our cutting-edge mobile cloud-based solutions. Find out more here: https://youtu.be/7RvMW9Ry0t4 Click here to apply IFCA: Your Partner for Unlimited Success IFCA, […]

How does Digital Transformation Boost Your ESG Efforts?

How does Digital Transformation Boost Your ESG Efforts? Investors around the world are increasingly embracing ESG principles, which are driven by various concerns on economic inequalities, climate change, cyber security, social injustice and more As stipulated by the International Sustainability Standards Board (ISSB) in its General Requirements for Disclosure of Sustainability-related Financial Information, which is supported by G20, […]

8 Benefits of Construction Management Software

8 Benefits of Construction Management Software Construction management software has become an essential tool for contractors to remain competitive in the construction industry, as the industry catches up rapidly in terms of technology to embrace the Future of Work. In this digital era, the use of Construction Management Software such as ContractX by IFCA Software can […]

The Future of Real Estate: Exploring the Mobile Revolution in Property Viewing and Buying

The Future of Real Estate: Exploring the Mobile Revolution in Property Viewing and Buying The world is more interconnected than ever. With the rapid adoption of 5G connectivity and its infrastructure, connection speeds have never been faster, and network latencies lower.  This means high fidelity mobile internet technology is now accessible to the masses. A classic example is a […]

The Future of Work and its Impacts on You

The Future of Work and its Impacts on You The Future of Work refers to the anticipated changes in the way we work, as the nature of work, traditional workplaces and work culture become more flexible, digital, and collaborative due to variety of circumstances.  The Future of Work is defined by several key trends that have emerged in the world of employment, such […]

Why Should Businesses Embrace Cloud Computing?

Why Should Businesses Embrace Cloud Computing? Cloud Computing refers to accessing the service of software hosted in remote servers via the internet. The term cloud here is defined as the massive data centres that comprises thousands of servers, where the cloud-based software are hosted, as well as the globally-accessible service it enables. An additional benefit of this is enabling you […]

Top 5 HR Challenges in the Manufacturing Industry

Top 5 HR Challenges in the Manufacturing Industry Does Industry Revolution 4.o (IR 4.0) have anything to do with talent management? IR 4.0 is now in full swing across the manufacturing industry. We are familiar with Smart Factories that are powered by Big Data Analytics, Artificial Intelligence (AI), Internet of Things (IoT), Cloud Computing, 3D Printing etc. Can similar technologies allow for digital […]

5 Future of Work Trends that Nobody Should Ignore

5 Future of Work Trends that Nobody Should Ignore Workplaces around the world are becoming more diverse, virtual and digital. The younger generation brings in a set of new values, cultures and expectations. Businesses will have to adapt in order to cater to shifting  employee behaviours and expectations. Facing the push from a competitive talent […]

Understand The Tax Reliefs That You Are Entitled To

The Income Tax season for the Year of Assessment (YA) 2022 has begun. For individuals who only received employment income, the deadline is 30 April 2023 for offline channels or 15 May 2023 for e-filing. Whereas for individuals with business income (besides employment income), the deadline is 30 June 2023 for offline channels or 15 […]

How Does IR 4.0 Benefit Your Business?

How to harness the IR 4.0 technology to enhance your business operation? What exactly does IR 4.0 entail? To understand this, we must first know the difference between IR 4.0 and the previous waves of Industrial Revolutions. From IR 1.0 to IR 4.0 The Industrial Revolution first took place in the 18th century, where steam power and mechanisation replaced human or […]

Property Sold Out in 10 Minutes?

Wondering if a property project could be sold out in 10 Minutes, without anyone visiting the gallery? Normally, buyers have to visit the sales gallery to view and book the project. For those more popular projects, people might even need to queue up. For the rest, the developers might need to organise multiple events, with […]

1-Minute Check-In

1-Minute Check-In. Zero Queue at Front Desk! Vacation is the time to take a break from the normal routine and relax, whereas for business travelling, the business people would like to conclude their discussions or dealings as soon as possible, therefore stress is the last thing tourists would like to have. Unfortunately, it is quite common nowadays […]

What is HR 5.0?

Creating Sustainable Business with HR 5.0 Talent Management Since the Industrial Revolution 4.0 (IR 4.0) has begun to transform the industries with various technological advancements, the employment market is expected to undergo a humongous change too.  Nonetheless, we should bear in mind that these marvelous technologies were invented by, and still have to be managed […]

Employment Act Amendment 2022

What are the changes to the Employment Act 1955? Both employers or employees would always like to protect their rights and fulfil their obligations. For those in Peninsular Malaysia and Labuan, these rights and obligations are enshrined in the Employment Act 1955; whereas for Sabah and Sarawak, the same are governed by the respective state enactments. To keep […]

5 Reasons Why HR Professionals Should Implement Super App In HR Processes

What is HR Super App? Human Resources (HR) are the most valuable asset to any organisation. The importance of HR in an organisation is immense, ranging from recruiting and training to employee satisfaction and preserving a healthy working environment. However, many HR leaders are overstretched and have plenty of additional commitments, making it even more […]

How HR Tech Transform Business Functions In Remote Working

There has been an increase in the use of digital cooperation and operating processes ever since the outbreak of COVID-19. Eventually, businesses must discover how to collaborate in a hybrid working model, following the success of the work-from-home revolution. Stepping into 2022 and beyond, it is indeed the time for business leaders to leverage the […]

The Relevance Of Big Data In Real Estate Industry

In recent years, property technology has become a talking point in the real estate industry, both in Malaysia and across the globe. It generally refers to the use of innovation in the real estate industry, with property technology becoming perceptible throughout the real estate landscape. The goal of property technology is to use advancements to […]

The Future Of Hospitality Industry – Exploring possibilities to prosper in the new normal

The post pandemic is driving changes to customer behavior and expectation The surging COVID-19 had a significant impact on consumer behavior. Hoteliers all over the world acted quickly to mitigate the impact on operations, laying off employees, cutting costs, reducing touchpoints, and other measures until given the green signal to reopen. Thus, complying with and […]

The Evolution of Artificial Intelligence (AI) In Hotel Guest Experience

How AI is revolutionising the hospitality industry? Artificial intelligence (AI) is becoming increasingly significant in the hotel industry since it can perform tasks that would ordinarily be performed by humans from any location and at any time. This is due to the fact that the solution has the capability of reducing expenses, eliminating human error, […]

Mobile Internet Era Applications in Modern Businesses

The mobile Internet has completely changed the way businesses operate and function. The global market has become more visible, aligned, comprehensive, and diverse as the mobile internet era continues to emerge. The invention offers numerous advantages for business expansion, engagement, and collaboration. Business digitisation is a significant internet-driven trend that affects all types of businesses […]

6 Key Benefits of Implementing Construction Management Software In Construction Business

The digital era has emerged as a result of technological advancements. Nevertheless, construction businesses are unsure of how construction software substantially improves every component of construction management. Construction management software, which has been transformed by digital software, encourages a comprehensive approach to managing construction projects. Project managers will be able to oversee every component of […]