This one day workshop will help in enabling finance and accounting personnel to appreciate the requirements of tax return submissions and help them to prepare or even review a basic tax computation and Form C. Under the self-assessment system, all taxpayers are required to know the relevant laws even if you have an expensive or not-so-expensive tax agent to do it.
Key topics covered:
Module 1: Overview of Malaysian tax system
Module 2: Capital vs. revenue – income & deductible and prohibited expenses
Module 3: Tax computation & capital allowances – mechanism of preparing and reviewing tax computation
Module 4: Review main items of form c and worksheets
Module 5: Highlights of main public rulings
Module 6: Self -assessment system
Module 7: Others
Objectives
At the end of the workshop, participants will be able to:
understand the basic requirements of a company tax computation
compute the top computation and determine what types if income subject to tax and analysis of income & expenses and provision and balance sheet items
understand the calculation of capital allowance
review of Main Form C items.
prepare worksheets (Helian Kerja) as required
take into account the other items such as single and double deductions
All our workshops are available via in-house training.
Audience
Finance managers, financial controllers, accountants, auditors, financial managers, company secretaries and tax practitioners
