Fundamental Of Malaysia Taxation For Entrepreneurs

Malaysia implemented GST on 1st April 2015 and the implementation of GST in Malaysia has increased the transparency of all business transactions where taxpayers are required under Income Tax Act to maintain proper records for the submission of tax return.

Therefore, practical income tax knowledge becomes increasingly crucial and will be an added advantage for entrepreneurs or employees to be equipped with hand-on income tax knowledge.

This is fundamental course in Practical Taxation with special focus on the needs to develop participants’ practical skills in understanding of fundamental principles of Malaysia Income Tax Act and Public Ruling issued from Inland Revenue Department. 

Are you an entrepreneur or business owner in Malaysia? Did you know that since the implementation of GST in 2015, it's become crucial for businesses to understand the fundamentals of Malaysia's taxation system? Whether you're a seasoned entrepreneur or a burgeoning startup, your knowledge of taxation can be the difference between financial success and potential complications.

To equip yourself with the tools and know-how needed to navigate the complex world of Malaysian taxation, consider enrolling for our HRD Corp Claimable Fundamentals of Malaysia Taxation for Entrepreneurs course. This course is specifically designed to cater to entrepreneurs seeking to enhance their understanding of the Malaysia Income Tax Act and Public Rulings issued by the Inland Revenue Department.

You'll learn about the scope of income tax charges, what constitutes allowable and non-allowable expenditures, and how to claim tax relief on capital expenditures incurred for your business. You'll also learn how to file tax return forms in a proper manner and keep track of important due dates. Imagine the confidence you'll feel, knowing you're optimizing your business taxes and avoiding potential pitfalls, all while remaining compliant with the law.

So why wait? Increase your business's transparency, reduce the risk of penalties, and enhance your financial decision-making skills by enrolling today. Take control of your tax situation, empower yourself with knowledge, and make your entrepreneurship journey smoother and more profitable. Register now and give your business the gift of tax clarity and confidence.

Learning Objectives:

• Understand on the scope of charge of Malaysia Income Tax
• Understand on the tax allowable and non-allowable expenditures incurred
• To claim of tax relief on capital expenditure incurred for business
• Proper manner of filing in various tax return forms and their due date

Who Should Attend:

• This course is suitable for Managers, Department Head, Finance Personnel, Business Owners, Entrepreneurs.

Methodology:

• Brain-friendly/Interactive Lectures
• Case Studies
• Jigsaw Learning
• Tournament Learning
• Practical Exercises

Key Contents:

• Module 1: Overview Of Malaysia Taxation
• Module 2: Determination Of Tax Liability
• Module 3: Business Income And Expenses
• Module 4: Employment Income And Others
• Module 5: Cross-Border Transactions
• Module 6: Tax Administrative