[01] COURSE INTRODUCTION
Tourism is the third-largest contributor to Malaysia’s GDP, after the manufacturing and commodities sectors. According to the The Department of Statistics Malaysia, tourism industries recorded RM251.5 billion ringgit in 2022, contributed 14 percent to Malaysia’s gross domestic product (GDP) of the year.
The implementation of E-Invoicing brings tremendous challenges to the industry. First there is the understanding curve to overcome, followed by the cost and resources of implementing the system and process alignment. Then, there is the tax and business implication.
This training is designed specifically for the tourism industry players, that addresses the specific issues and instruments, scenarios and ramification.
[02] COURSE OUTCOMES
• To assist participants in their preparation for E-Invoicing implementation
• To discuss and advise the tourism industry players on the specific treatment and issues arising out of E-Invoicing implementation
• To explain in simple terms the technical connection options to LHDN system
• To highlight the taxation implications of E-Invoicing, including Section 91(3) ITA 1967
• To share tax planning approaches in view of the arrival of E-Invoicing
• To share best practices for the industry
[03] WHO SHOULD ATTEND
This E-Invoicing training is ideal for the owners, directors, management, accounting personnel from the following tourism stakeholders:
• Government agency
• Tourism Organizations
• Tourism Operators
• Tourism Practitioners
• Suppliers
• Tourism travel
• MSMEs operating Tourism Products and Services
[04] DATE / TIME / FEE
Date: 18 September 2024 (Wed)
Time: 9.00am - 5.00pm
Venue: Sheraton Petaling Jaya
Fee: [HRD Corp Claimable]
- Early Bird Offer (before 4 Sep 2024) – RM900
- Special Offer (before 11 Sep 2024) – RM1000
- Normal Fee – RM1100
- Fee includes Meals, Course Notes, Certificate of Completion and 8% Service Tax
** OFFER **
- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.
HRDCorp Claimable Course:
Trainer MyCoiD: 429594X
Course Scheme: HRDCorp Claimable Course
Course Type: Public
Course Code: 10001447609
[05] COURSE OUTLINE
Module 1: Self Assessment For Company
• What is E-Invoicing
• Transaction Types
• Implementation Timeline
• Exemption
Module 2 - E- Invoicing Model, Operation, Issues
• Overview & Workflows
• Module via MyInvois PORTAL
○ Submission Requirements, Process flow & Reporting
• Module via API
• Software Development Kit for MyInvois System
○ Submission Requirements, Process flow & Reporting
• 55 required fields for E-invoice
• Self-billed E-invoice
• Disbursement and Reimbursement
• Staff Claims and Benefits
• Foreign Income
Module 3 – E-Invoicing for the Tourism Industry
• Party responsible for issuance of E-Invoice for Air Tickets
○ Scenarios
○ Flight & Non-Flight Related Items
○ Receipt
• How is Buyer detail provided? Is Travel Agent acting as the Principal?
• Handling of Security Deposit and Advance Deposit
• E-Invoice for Balance Sum of Payment
• Third Party Tour Guides Treatment
• Is Travel Agency allowed to Issue Consolidated E-Invoice for Multiple Services?
• Handling of Bundled Price
• Application of E-Invoice Specific Guidelines on the Travel Industry
○ Areas of Impacts
○ Preparing ahead
• Best Practices for the industry
Module 4 - The Implication of E-Invoicing
• Data Security and Privacy
• Assessing Readiness
• Impact on Businesses
• MyTTx Tourism Tax, Service Tax
• Tax-related implication
Module 5 - Tax Incentive and Grant In Relation to Implementation of E-Invoicing
• Digitalization Grant
• Capital Allowance
• Tax Deduction
Q&A Session
End of Training
[06] NORASHIKIN SOIN
Chartered Accountant, Principal, HRD Corp Certified Trainer
Norashikin has over 20 years of experience in the areas of accountancy, tax, company secretarial and advisory. She started off her career with a Big 4, and worked her way up to the Tax Manager of a local mid-sized tax firm. She was responsible for managing tax audit, advisory and investigation of local and oversea clients. It was there her works crossed paths with Ministry of Finance (“MoF”), Lembaga Hasil Dalam Negeri (“LHDN”), and other government authorities.
In 2010, she established her own firm offering taxation and company secretarial services to a wide range of clients. Her years of practical experience and personal connection makes her training so much more relevant and practical.
Qualification:
• 2008 Associate Member of Malaysian Association of Tax Accountants (MATA)
• 2006 Chartered Accountant, Member of Malaysian Institute of Accountants (MIA)
• 2002 Bachelor of Accountancy –(Hons) Northern University of Malaysia, Malaysia
[07] ENQUIRY/ REGISTRATION
Email： yes@sst2u.com
Contact:
- Whatsapp Only (012 - 824 8874)
- General - (03 - 8604 7270)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
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