INTRODUCTION
All individuals and companies in Malaysia are subjected to several types of direct & indirect taxes, for some of which you must file a return and pay annually. This training, types of taxes you will encounter in Malaysia, including who they apply to and at which rates the subjects are taxed.
This training module contents include:
1. Introduction to LHDNM and tax System in Malaysia
2. Introduction to Corporate tax
3. Introduction to Employer Tax
4. E-Invoice
5. Tax Exempt
PROGRAM ITINERARY
DAY 1
Bahagian 1:
Ice Breaking
Introduction;
An Overview of Lembaga Hasil Dalam Negeri Malaysia (LHDNM)
Budget Summary
Roles & Functions Of HASIL
Main Activities
Act & Regulation
Formal Assessment System
Self Assessment System
Taxable Income
Bahagian 2:
Introduction To Income Tax
What Is Income Tax?
Who Is Taxable?
When Is Taxable?
How to File Your Tax?
Why must we pay Tax?
Corporate Tax
Introduction
Corporate Responsibilities
Tax Rate
Update Company Information
Tax Rate
Tax Payment
Determination of Taxable Income
Bahagian 3:
Format Pengiraan Cukai
Gross Profit
Adjusted Income
Expenses
Statutory Income
Bahagian 4:
Format Pengiraan Cukai (cont…)
Capital Allowance
Balancing Allowance
Balancing Charges
DAY 2
Bahagian 5:
Group Activities – Summary of Day 1
Bahagian 6:
Employer Tax
Introduction
9 Employer Responsibility Roadmap
Benefits In Kind
Monthly Tax Deductions
Bahagian 7:
Employer Tax (cont…)
Final Tax
Employer Responsibility
Penalty
Compliance
Bahagian 8:
E-Invoice
Introduction
E-Invoice Model
The Benefits
The Timeline
Tax Exempt
Leave Passage
Medical & Dental Benefits
Retirement Gratuity
Compensation
Death Gratuity
Scholarship
Interest
