BAD DEBTS

The taxpayer will ask, why my bad debts cannot claim? Can my bad debt deductible in this year?

Sure, you can deduct the debts if you have taken all the necessary steps. If not, you will spend more money to pay the penalty if LHDN come after you!

So, when will the bad debts became tax deductible?

No worries, we are here to solve your queries!