However, a slip up in documentation led to the taxman discovering his ruse which eventually prevented TK Manufacturing and Wholesale Centre from receiving any of the payouts.On Thursday , Teoh, 35, who was managing his father's company at the time of the offences, admitted to two cheating-related charges, and was sentenced to three months and two weeks in jail.Court documents detailed Teoh’s dishonesty pertaining to the two charges he pleaded guilty to.
These payouts were meant to provide wage support to employers to help them to retain local employees during the Covid-19 pandemic. However, Iras subsequently requested for further supporting documents from TKM to facilitate the JSS payout for July.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Company manager gets 14 weeks' jail for attempting to deceive taxman into disbursing payouts for phantom employeesSINGAPORE — When asked by the Inland Revenue Authority of Singapore (Iras) if six phantom employees were employed at his father’s company so that appropriate Job Support Scheme (JSS) payouts could be disbursed, Teoh Wong Har lied that they were. Singapore just turning a blind eye whilst the major workforce suffer under these low baller cheapskate leaders aka bosses
Source: TODAYonline - 🏆 1. / 99 Read more »
TikTok CEO Chew Shou Zi says company at 'pivotal moment' as some US lawmakers seek banWASHINGTON — Chinese-owned short video app TikTok faces a 'pivotal moment' as a growing number of US lawmakers seek to ban the popular app over national security concerns, CEO Chew Shou Zi said. Chew said in a video posted on TikTok early on Tuesday (March 21) that the app now has more than 150 million active monthly US users, representing...
Source: asiaonecom - 🏆 10. / 59 Read more »
TikTok chief admits Chinese parent company has access to dataTikTok’s chief executive has admitted that users' data can be accessed by its Chinese parent company as it battles a potential ban in the United States. Just like US and EU have access to all social media platforms data like Facebook, Instagram, Twitter, YouTube 😂😂😂 Facebook also have data. Same goes for Google. This is a political circles show to demonise China and hoping the dumb Americans to agree with the government to wage war against China just like the Iraq war. Such a horrible tweet crafted to mislead...
Source: YahooSG - 🏆 3. / 71 Read more »