[Online, NEW] Malaysian Income Tax System - Employment Income
Course Information
  • 10-Jun-2022
  • Online
  • Thilles Wary
  • English
  • RM 640 RM 590
    Until 05 Jun 2022
  • 9:00am - 5:00pm

The Inland Revenue Board of Malaysia (IRBM) places emphasis on fostering compliance among taxpayers. Over the years, their taxation responsibilities have undergone considerable changes. This includes the management of Monthly Tax Deductions (MTD), periodical notifications to Revenue, and the submission of Forms E and EA.   Compliance with employer’s tax obligations has become more demanding with these changes especially in respect of Income Recognition, Basis Periods, and Gratuities. Further, with higher penalties applicable now, company directors and managers have to ensure that compliance is achieved correctly.  Understanding all the relevant aspects is hence crucial for corporate management and payroll personnel as it affects the tax liability that employees would be exposed to.

 

[02] COURSE OBJECTIVES

- Understand the essentials of what constitutes the many features of Employment Income

- Learn the latest amendments to Income Tax law and especially where they relate to Employment Income and Employers

- Grasp the essence of recent developments/ updates of concern to employers and employees

- Handle Tax issues relating to compensation and benefits

- Avoid common mistakes and misconceptions in preparing the employer’s tax declaration

 

 

[03] WHO SHOULD ATTEND

• Directors and Senior Corporate Officers

• Payroll and Human Resource Managers

• Accountants and Finance Managers
• Tax Practitioners

 

 

[04] METHODOLOGY

Interactive lectures plus exercises, case studies and group discussions

 

 

[05] DATE, TIME & FEE

 

Date:   10 June 2022 (Fri)

Time:   9.00am - 5.00pm

Mode:  Online/ Interactive

 

Fee:   [HRD Corp Claimable]

 

- Early Bird Offer (before 22 May 2022)         -        RM 540

- Special Offer (before 5 Jun 2022)        -          RM 590

- Normal Fee        -          RM 640

 

>> Fee includes Course Notes, Certificate of Completion and 6% Service Tax.

 

** OFFER **

- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.

 

 

[06] COURSE OUTLINE

 

[01] PUBLIC RULING NO. 4/2018

 

TAXATION OF A RESIDENT INDIVIDUAL PART I - GIFTS OR CONTRIBUTIONS AND ALLOWABLE DEDUCTIONS

 

[02] PUBLIC RULING NO. 5/2018

 

TAXATION OF A RESIDENT INDIVIDUAL PART II - COMPUTATION OF TOTAL INCOME AND CHARGEABLE INCOME

 

[03] PUBLIC RULING NO. 5/2019

 

Public Ruling No. 2/2013

PERQUISITES FROM EMPLOYMENT

 

[04]  PUBLIC RULING NO. 11/2019

 

BENEFITS IN KIND

• S13 (1) (a) Monetary Or Near Monetary Benefits

• S13 (1) (b) Benefits In Kind (BIK)

• S13 (1) (c) Value Of Unfurnished Accommodation

 

[05]  PUBLIC RULING NO. 11/2017

 

RESIDENCE STATUS OF INDIVIDUALS

• Case Study

 

[06]  PUBLIC RULING NO. 12/2017

 

APPEAL AGAINST AN ASSESSMENT

• Additional Assessment

• Advance Assessment

• Reduced Assessment

 

PERSONAL RELIEVES AND TAX REBATES

• Relives Available

• Relief Planning

 

[07]  RETURNS

 

• Types of Returns
• Failure to Submit Returns
• Extension of Time to Submit Returns

RETURNS BY EMPLOYER-Employers Responsibilities

• Register an employer’s number Make monthly tax deduction (MTD)

• Submit return form of employer (Form E) together with the C.P.8D

• Prepare statement of remuneration (Form EA / EC)

• Prepare statement of monetary and non-monetary incentive payment to each agent, dealer or distributor (Form CP58)

• Form CP22, Form CP22A, Form CP22B, Form CP21, TP1 and TP3

 

[07] TRAINER PROFILE

 

THILLES WARY

Approved Tax Agent, Tax Specialist

HRDF Certified Trainer

 

Thilles is a tax accountant and a Tax Agent approved under Section 153 (3) (c) of the Income Tax Act (ITA), as well as an associate member of CTIM, the Chartered Tax Institute of Malaysia.  Thilles graduated from HELP University in 2006 with a BA HONs in Accounting and Finance and subsequently, a Master of Business Administration (MBA) Finance, General from the University of Southern Queensland in 2013. She is also a HRDF Certified Trainer.  She specialized in providing tax preparatory and advisory works, including financial accounting for her clients. Prior to starting her own firm, she worked in various capacities including being a Tax Senior and local tax firms and an oil & gas MNC. 

 

She is known for her ability to provide specific business tax solutions to business owners. Such customized tax solutions have greatly eased the process of managing & planning tax assessment. Her ability to explain a tax issue in an easy-to-understand manner to anyone, including a lay person, has won her endorsements.

 

 

[08] ENQUIRY & REGISTRATION

Enquiry: Yes@sst2u.com

Contact:

- General (03 - 5888 7357)

- Teo (011 - 3178 9203)

- Logesh (012 - 503 0346)

- Siti (012 - 383 8603)

- Han (019 - 323 0507)