Are you a high-net worth individuals? High net worth individuals are usually: The Ministry of Finance has announced the RM332.1billion Budget 2022, with federal revenue projected to achieve RM234 billion. So how can the authorities achieve their tax collection target? The answer is by increasing the tax audits and investigation. Apart from companies, high net […]
Category Archives: Tax
Are you aware on the tax implications when you made payment for Payment of Digital Advertising? During this COVID-19 pandemic, more businesses are starting to use digital advertising (such as google ads, facebook ads, linkedin, etc.) to survive from this pandemic. Businesses should take note on the following direct/indirect tax implications when making payment to […]
Tax Filing According to LHDN on their website, compensation for the loss of employment is a payment made by an employer to his employee before or after the date of termination, and a certain amount of this payment is exempted from tax. The same applies to severance packages such as Voluntary Separation Schemes (VSS). However, […]
Date: 21st December 2021, Tuesday Time: 3pm Venue: Zoom Overview:Capital Statement has become one of the most common investigation methods used by the Inland Revenue Board to detect under-reporting of income / tax evasion. Knowing the type of documents needed to be provided for the preparation of capital statement is crucial.the 2022 Budget Proposals. Who […]
Date: 26th November 2021 Time: 3pm Venue: Zoom Overview:We will highlight the latest income tax and SST developments and provide participants with a practical understanding of the key tax changes presented in the 2022 Budget Proposals. Who Should Attend:Business Owner, Accountants, Finance Managers Register Here Speaker: Pang Kang Hong has over 15 years of working experience […]