Owning an online business? Know what you should know!

Are you a blogger or doing online business? You are now required to pay TAX!

Don’t panic! We will teach you how:

1.      Types of online business that will be taxed:

a.       Blogging

b.       Niche site

c.       Review site

d.       Membership site

e.       Information marketing

f.        Online auction

g.       E-commerce store

h.       Affiliate marketing

2.       Type of taxes:

a.       Business

If your online business net profit is more than RM34,000 per year, you will be entitled to business income tax payment (19% - 24%).

b.       Individual

If your online business net profit is less than RM34,000 per year, you can file your income under personal income (0% - 28%)

3.       How to pay the tax?

a.       Register with IRBM and obtain an income tax number.

b.       Report all profit and loss.

c.       File your taxes via e-filing.

d.       Pay your taxes via ByrHasil.

e.       Display your registered business name and income tax registration number on your website.

Weee! Your are done! Subscribe to our newsletter in year 2018 if you wish to keep yourself updated in all kind of topics with MySoft!

Bigger Efforts, Greater Achievements in 2017!

Thank you for spending another year with us!

It is now the last month of 2017 and MySoft would like to share some footage of our activities held this year with you. We have tried our best to improve our products and services through out the year and keeping in touch with you through all kind of activities.

Basic Mr. Accounting Training

We have been organizing basic Mr. Accounting Training to our new users once a month! We are glad to have you with us in our training this year.

GST Seminar 2017

As customs officers are aggressively carrying out GST audit, MySoft has organized GST Seminar in different states throughout the year. Our GST seminar in title “Understand Royal Customs 2017 GST Guide” has been held in different languages and received positive feedback from our customers.

Mr. Accounting Version 10

In this year, we have been launching our latest GST version of Mr. Accounting ----- Version 10. In order to make sure that our customers’ software version is up-to-date, we have been doing the update activity since the beginning of the year. If you never heard of this, you can still contact us now to get the latest version!

Advance Accounting Training

Accounting trends are always changing, what can we do is keep ourselves knowledgeable enough to keep up with it. In order to ensure that our customers can fully utilize the features in our software and keep their accounts complete, MySoft had organized few sessions of advance accounting training for our users.

Thank you for your support in year 2017, we will come back fresh with our best condition in year 2018!

MySoft Training : Understanding New GST Guide 2017 by Royal Customs

On 16 June 2017, MySoft provided a one-day GST Training. Target customers for this training are users from SMEs. Topics covered including New Tax Codes, New GAF format Version 2 and Audit Checking. We also emphasize on errors discovered during audit by Royal Custom.

This training is very essential as it gives more information on how to fully utilize GST module in Mr. Accounting software.

We have been very active in organizing training in order to provide the best services to our dearest users. The training is provided by our professional trainer who also MySoft director, Mr. Law.  

At the end of training, we have Q&A session to discuss on real business issues on running GST. If you are interested to know more about our training, do not hesitate to contact us at

  03-8601 0698. 

We are more than happy to brief you about our next training session :)