Income tax has been an increasing important compliance by all Malaysian to fulfil their responsibility as the tax resident. Due to this, the person who qualified as the tax resident is obliged to submit their tax return form in accordance with the prescribed dates.

The Inland Revenue Board (“IRB”) has implemented self-assessment system, which allows the tax payers to make their self-declaration and report for their own tax. Hence, it will be the responsibility of the tax payers to ensure the amount reported is correct.

However, the tax payers may not have sufficient knowledge and information in order to compute their tax and to declare to the IRB.

Due to this, the tax payers may face severe penalty charged by the IRB.

OBJECTIVE:

As the responsibility of tax declaration and submission, as well as to confirm the accuracy of the amount of tax paid lies with the tax

payers (although the tax payers engage their own tax agent), it is important for the tax payers to know more about the information

of tax calculation and the documents keeping, so that the tax payers will not be trapped in the common error, although their tax is

to be calculated and submitted by the tax agent.

HOW WILL YOU BENEFIT:

At the end of this training session, participants will learn to:

• Understand the taxability of incomes and deductibility of expenses

• Understand the calculation of capital allowances

• Apply the correct percentage of tax rate, especially SME

• Understand the application of withholding tax on imported services

• Understand the effect of tax on the amount due from related companies/directors

• Understand the effect of tax on the inter-company transactions

• Understand the effect of tax on the expenses claimed by the directors

• Understand the ‘mean test’ as in whether the tax payer is having surplus or deficit income

• Do correction for SST return •

Price 价格: Price per participant每位参与者的价格

Course Fee 课程费用 RM 750.00

Early Bird Promo 早鸟价格 (register before 21st June) RM 600.00

HRDF Claimable

Prices include: Speaker Notes, Attendance e-Certificate, Tea Breaks and Lunch

价格包括：演讲者备注，出席电子证书，茶歇和午餐

PROACTIVE I N F O T E C H S D N B H D HRDF Training Provider This tra in ing is HRDF c l a i m a b l e u n d e r S B L 附 合 条 件 公 司 费用可向马来西亚 人力资源资金回索

Course Outline

• Effect of 2019 towards tax practices

2019年税务法则

a) Limitation of unabsorbed business loss and capital

allowances

未被吸收的商业损失和资本免税额的限制

b) Restriction of excessive interest between related parties

限制关联方之间的过度利益

• Determination of taxability of income

确定收入的可征税性

a) Determination of other income

确定其他收入

b) Identification of MSIC code

识别业务代码

c) LHDN analysis to each MSIC code

内陆税收委员会对每个业务代码的分析

• Deductibility of expenses

费用的可扣除性

a) Capital vs revenue in nature

资本与收入的性质

b) Record keeping to ensure deductibility of the expenses

记录保存以确保费用的扣除

c) Separation of accounts and segregation of expenses to

each profit and loss

账户分离和费用分离到每个损益

PROACTIVE I N F O T E C H S D N B H D HRDF Training Provider This tra in ing is HRDF c l a i m a b l e u n d e r S B L 附 合 条 件 公 司 费用可向马来西亚 人力资源资金回索

• Cross checking of personal income tax to business tax

将个人所得税交叉核对营业税

• LHDN perspective towards the personal income and

business income

内陆税收委员会对个人收入和业务收入的看法

• Determination of personal income from business income:

从营业收入中确定个人收入：

s 13(1)(a) – Allowances, perquisite, incentive, and etc.

-- 津贴，精品，奖励等

s. 13(1)(b) – Benefit in kind -- 实惠

s. 13(1)(c) – Benefit in kind in relation to rental of

accommodation areas -- 与住宿区租赁相关的实物收益

• Sufficiency of tax declaration and reporting

纳税申报和报告的充分性

a) What is ‘mean test’ --什么是'平均测试'

b) Mechanism of mean test --平均测试机制

c) Self-assessment pre and post decision making on capital

acquisition -- 资本收购前后决策的自我评估

• Review of financial statement – audit and unaudited

审核财务报表 - 审计和未经审计

• LHDN point of view

内陆税收委员会的观点

• Responsibility of director – PR 2/2019 (issued on 14.3.2019)

董事的责任

------------------------------------------------------------------ 会议完毕 ----------------------------------------------------------------

PROACTIVE I N F O T E C H S D N B H D HRDF Training Provider This tra in ing is HRDF c l a i m a b l e u n d e r S B L 附 合 条 件 公 司 费用可向马来西亚 人力资源资金回索

Main Trainer: Mr Gan Soon Shyang

Mr. Gan Soon Shyang, Partner of KPG is a MIA member with ACCA qualification, has

over 10 years of experience in the field of Taxation and Audit. He started work in a

medium size audit firm and moved to a Big four audit firm and subsequently started

up with his own firm. He has vast experience in preparing and reviewing of auditing

and taxation.

A HRDF-certified trainer, he is sought-after for his trainings on Taxation. He has

conducted various GST/Taxation training courses in East and West Malaysia. He is also

a GST/Tax advisor for established SMEs, Airline, Oil and Gas related company and

Manufacturing companies. He has good working relationship with various local

business association involved in GST/Taxation matters.

Recently Mr. Gan intensively involves and represents clients in Tribunal and Special

Commissioners of Income Tax for appeal in any taxation cases.

METHODOLOGY:

Lecture, power point presentation, discussions, questions & answers session

WHO SHOULD ATTEND

• Business Owners, Directors, General Managers

• Financial Controllers, Chief Financial Officers

• Finance Managers, Accountants & Accounts Executives

• HR Managers, Marketing Managers, Operation Managers

• Suitable for the following Industries: Manufacturing, Services, Retail, Trading, Processing, Construction, Logistic, Information Technologies, Hospitality and International Businesses.

PROACTIVE I N F O T E C H S D N B H D HRDF Training Provider This tra in ing is HRDF c l a i m a b l e u n d e r S B L 附 合 条 件 公 司 费用可向马来西亚 人力资源资金回索

Course Fees Per Participant No. of participants Total Fees Normal Price English RM750.00/pax pax

华文 RM750.00/pax pax

Early Bird Promo English RM600.00/pax pax

(Register before 21/6/19) 华文 RM600.00/pax pax

Total pax RM

Company Name: _______________________________________ Industries: ____________________________________

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Address: ______________________________________________________________________________________

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(In the event of additional participants kindly fill up another registration form)

I / We hereby enclose Cash/ Telegraphic/ Online Banking Transfer

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Cheque should be crossed and made payable to Linden Wisdom Centre. Payments can be deposited into our account -

MAYBANK: 5122 3200 6025. A copy of the bank-in slip should be scanned and emailed to penang@lindenwisdom.com.

Cancellation/ transfer policy: Payment is refundable for cancellation if cancellation is in writing received 7 working days

before the event. You can substitute an alternative participant, particulars of which should be given to us in writing before the

event. If any participant is absent on the event day, full payment is chargeable.

Linden Wisdom Centre(LWC) reserves the right to change the venue(s), date(s) speaker(s) or cancel the event due to

circumstances beyond its control. LWC also reserves the right to alternative arrangements whatsoever without prior notice to

you, should it be necessary to do so. Upon signing the registration form, you are hereby deemed to have read and agreed to the

terms and conditions herein.

___________________________

Signature and company stamp Date:

PARTICIPANTS

PAYMENT METHOD

Should you have any further enquiries, please do not hesitate to contact us.

• Email : penang@lindenwisdom.com

• Contact : Mr Khoo Contact No: 012-401 0599

• Address: 58-3-2, Fortune Heights Cantonment Road, Pulau Tikus, 10350 Penang.

•

COURSE TITLE : 10 Things the Tax Agent Won’t Tell You/ 税务代理不跟你讲的事 EVENT DATE : 25th June 2019, Tuesday - English

26th June 2019, Wednesday - 华文 VENUE : The Light Hotel, Seberang Jaya, Penang