Skip to content

Business

For freelancers and sole proprietors who file Form B. Your books kept all year, Form B worked out, and the tax put aside before it’s due.

Get BusinessRM 249 a year or RM 25 a month

What it’s worth, in one example

A freelance designer earns RM 72,000 in a year. Form B taxes profit, not revenue, so every business expense on the books lowers the bill.

Business expenses recorded in the year
ExpenseRM
Software subscriptions3,600
Co-working desk4,800
Internet1,440
Phone (60% business share of RM 1,800)1,080
Travel to clients1,680
Total12,600
Tax with and without the expenses recorded
Revenue onlyWith expenses recorded
Revenue72,00072,000
Business expenses0−12,600
Individual relief−9,000−9,000
Chargeable income63,00050,400
Tax2,9301,544

RM 1,386 less tax. Business costs RM 249 a year.

No PCB comes out of business income, so the full bill lands at filing. Business tells you to put aside about RM 129 a month instead.

Illustration only. Resident rates (YA 2023–2025), the RM 9,000 individual relief and no other reliefs. An expense counts only if it was wholly and exclusively for the business.

What Business adds

On top of everything in Personal.

Your books

All year, without a spreadsheet

  • One ledger, personal and business
    Every receipt and invoice in one list
  • Split shared costs
    Like 60% of your phone bill as business
  • Income from invoices and payouts
    Add them by hand, upload them, or drop a bank statement

Form B

Worked out, then handed to you

  • Form B estimate and pack
    Profit and loss, expenses by category, ready for MyTax or your accountant
  • Set-aside tracking
    How much to keep aside each month, since PCB only covers your salary
  • Asset and CP500 checks
    Flags equipment for capital allowance and plans for instalments

Tax Vault

Safe if LHDN asks

  • Past years in one place
    Import old returns, EA forms and receipts
  • Audit packs for past years
    Everything for any archived year in a single file

Who it’s for

Anyone who files Form B as an individual.

  • Freelancers and consultants
  • Sole proprietors and partners in a partnership
  • Salaried people with side income, like online selling, e-hailing or rental run as a business

Not for Sdn Bhd companies. They file Form C, which Business doesn’t prepare.

One plan, two ways to pay

RM 249 a year or RM 25 a month. Includes everything in Personal (RM 99 a year on its own).