[01] INTRODUCTION
Based on the IRB’s latest e-Invoicing implementation timeline, e-Invoice compliance will be applied to all taxpayers, including individuals and businesses. Malaysian Government’s E-invoicing is a National Initia- tive, aimed at boosting transparency, minimizing fraud, and enhancing overall business efficiency. Its adoption will have immediate and consequential impact on SMEs’ financial and tax liability. Understanding E-Invoicing and its implication early on can help you prepare ahead and achieve compliance.
[02] WHO SHOULD ATTEND
This program is tailored for:
• Accounting and Finance Professionals
• Procurement Managers
• Business Owners
• IT Personnel involved in financial systems
• Project team responsible for implementing e-Invoicing practices
[03] COURSE OBJECTIVES
• To familiarize participants with the fundamental concepts of e-Invoicing, including its benefits, technical components, compliance requirements, and implementation strategies
• To provide participants with a comprehensive understanding of tax principles and practices
• To explore strategies for optimizing tax liabilities within the legal frameworks
• To foster knowledge of key tax regulations and recent updates
[04] LEARNING OUTCOMES
• Participants will gain a comprehensive understanding of e-Invoicing, enabling them to assess its advantages, navigate technical aspects, comprehend compliance necessities and devise implementation strategies within a business context
• Providing participants with a comprehensive understanding of corporate tax principles, practices and compliance
• To equip participants with practical skills and knowledge to effectively manage corporate tax matters
[05] DATE, TIME, FEE
Date: 21 February 2025 (Fri)
Time: 9.00am - 5.00pm
Venue: CPD Academy, RIO Puchong
FEE | [ HRD Corp Claimable ]
- Special Offer (before 14 Feb 2025) – RM810
- Normal Fee – RM850
>> Fee includes Course Notes, Meals, 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: 10001371246
[06] COURSE OUTLINE
Module 1 - An Overview of Lembaga Hasil Dalam Negeri Malaysia (LHDNM) & Tax System in Malaysia
• What is Income Tax?
• Who is Taxable ?
• When is it Taxable?
• How to file your Tax?
• Why pay Tax?
• How to submit your ITRF?
• Reasons behind Government’s E-Invoicing Launch
Module 2 - IRBM Electronic Invoice (“E-Invoice”)
• About E-Invoicing
• Benefits of E-Invoicing
• Implementation Timeline
• Exemptions
• Issuance of E-Invoices
• E-Invoice Validation via MyInvois Portal
• Rejection/ Cancellation of E-Invoices
• E-Invoice Model via Application Programming Interface (“API”)
• Software Development Kit (“SDK”)
• Data Field
• Transaction with Buyers
• E-Invoicing Guidelines
• ‘Self-Invoicing’
• Implementation Plan
• AR & AP Capabilities Upgrade
• FAQs
• Others
Module 3 - Tax System in Malaysia
• Corporate responsibilities
• Basis period
• Gross income
• Adjusted income
• Expenses
• Capital Allowance
• Statutory income
• Aggregate income
• Total income
• Taxable income
• Tax rates
• Payment
Module 4 - Tax Tools & Exemptions for Companies
• Leave passage
• Medical and dental benefits
• Retirement
• Gratuity
• Compensation
• Pension
• Scholarship
• Interest
• Dividend
• Royalty
• Income remit from outside Malaysia
• Fees or honorarium from expert service
• Income derived from research findings
• Benefits In Kind Form EA
Q&As Session
End of Training
[07] TRAINER PROFILE
NORASHIKIN SOIN
Chartered Accountant, Principal, HRDCorp Accredited 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 manag- ing 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
[08] REGISTRATION & ENQUIRY
Email: yes@sst2u.com
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