INTRODUCTION

The Service Tax Act 2018 is crucial for businesses in Malaysia that provide taxable services. This training is designed to help participants understand the essentials of service tax, including the types of services subject to tax, available exemptions, and important compliance steps. By gaining knowledge in these areas, participants can manage service tax more effectively and stay compliant with legal requirements.

DAFTAR SEKARANG

TARGETED PARTICIPANTS

  1. Finance and Accounting Personnel – Individuals responsible for managing tax records, filing, and payment processes will benefit from understanding detailed tax compliance requirements.
  2. Tax Professionals and Consultants – Those advising on tax matters need to stay updated on the latest developments and compliance strategies.
  3. Business Owners and Directors – Decision-makers, especially in taxable industries, should understand their company’s obligations and available exemptions to minimize tax liabilities.
  4. HR and Admin Managers – Those involved in internal audits or handling compliance documentation may find value in understanding audit processes and common compliance challenges.
  5. SME Owners and Managers – Small and medium enterprises that are new to service tax obligations can learn the basics and avoid common pitfalls.

METHODOLOGY

The training will be delivered using methods suitable for learners as follows:

  1. Lecture
  2. Case Study
  3. Simulations
  4. Group Discussion
DAFTAR SEKARANG

PROGRAM ITINERARY

Service Tax 2018 : Scope & Concept

A revision with latest updates:

  • Taxable Services
  • Disbursement vs Reimbursement
  • Imported Taxable Services

Responsibilities of Registered Persons.

Service Tax Exemption & Facilities

Exempted Services

Service Tax (Persons Exempted from payment of Tax) Order 2018

Intra Group exemption

Minister Exemption

Other Service Tax Facilities

  • Contra System
  • Refund
  • Bad Debts

Service Tax Return & Payment

Accounting for Service Tax

  • Invoice
  • Official Receipt
  • Credit Note / Debit Note

Filing of SST-02 Return & Payment of Tax

  • Cash vs Invoice basis
  • Required info to fill up the SST-02 Return Form
  • Supplement return for Incorrect Return
  • SST-02A (Imported Taxable Service)

Record Keeping

Audit & Compliance

  • Objectives of tax audit
  • Types of Audit
  • Common audit finding
  • Fine & Penalty
DAFTAR SEKARANG