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Monthly Tax Deductions (MTD) Seminar / Public Program / Workshop Selangor

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Date and Time

Location

Location

Hotel Armada Petaling Jaya,

Lot 6, Lorong Utara C

Section 52, Darul Ehsan, Pjs 52

Petaling Jaya, Selangor 46200

Malaysia

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Refund Policy

Refund Policy

No Refunds

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Event description

Description


One-Day Seminar

to discuss The latest in Tax Law and Compliance Procedure


Changes to the treatment of Employment Income and Monthly Tax Deductions obligations have placed greater responsibilities on Employers. Employees may now choose to treat the Monthly Tax Deductions (MTD) from their salaries as Final Tax with no further need to submit their Income Tax Returns.

More recently, with drastic changes regarding Basis Periods and Gratuity, compliance has become more complex. With these important amendments, accompanied by much higher penalties, company directors and managers have to ensure that the MTD System is complied with correctly.

Understanding all the relevant aspects is hence more crucial than ever for corporate management and payroll personnel as it affects the tax liability that employees would be exposed to.

Through this INTENSIVE seminar, which is on a more advanced level, all aspects of Employment Income and Monthly Tax Deductions will be covered with emphasis not only on employee-liability and the duties of the Employers but also on the exposure of the directors themselves to tax obligations and penalties where there is failure.


WHO SHOULD ATTEND

• HR & Payroll Manager / Executives

• Accounts & Administrative Executives

• Business Manager

• Compensation Specialists


COURSE OUTLINE


  • Employment Income - The 5 Categories

  • Definitions of Remuneration & Perquisites

  • Latest Amendments on relevant Basis Periods

  • Revised Treatment of Gratuity

  • Monthly Tax Deductions – an Overview and the Principles

  • Computation of remuneration for MTD

  • MTD formula for normal & additional remuneration

  • Reliefs & deductions

  • Monthly tax deduction – Selected case studies

  • Specialised employment situations
  • - Serving abroad
  • - Serving in Malaysia for less than 60 days

  • New Section 77C

  • - Deduction as a final tax

  • Content of the Return Form E and Form EA

  • Employers’ obligations & responsibilities

  • Tax penalties

  • Budget 2018 Proposal – highlight of relevant changes



AGENDA

8.15 am - Welcome and registration

9.00 am - Course commences

10.30 am - Morning break

10.45 am - Course continues

1.00 pm - Lunch

2.00 pm - Course continues

3.30 pm - Afternoon break

3.45 pm - Course continues

5.00 pm - Course ends


SPEAKER PROFILE

Mr. Vincent Josef began his career with the Inland Revenue Board in 1968 and over the next 35 years, he served in various Branches, earning himself a wide command of the numerous demands of Malaysian taxation. Prior to his recent retirement, he was with the Operations Division of the Board Headquarters where he held the position of Assistant Director General.

He also represented the Director General in both the Subordinate and High Courts in prosecution and civil suit matters; his expertise includes Corporate and Business Taxation, Investigation, Civil Suit and Prosecution and Schedular Tax Deductions. With the introduction of the Schedular Tax Deductions System, Mr. Josef was appointed to manage the Department, overseeing Practice Management, Enforcement and Employer Education throughout Malaysia.

Mr. Josef has wide experience in lecturing at IRB events and Malaysian professional institutions including Chartered Taxation Institute of Malaysia (CTIM) and the Malaysian Institute of Accountants (MIA).

With his 45-year presence in taxation, Mr. Vincent Josef currently manages his own practice providing taxation consultancy services on Tax Audits and Investigation matters and “Problem Resolution”. He recently wrote a book “Tax Audit and Investigation Guide – Malaysia” published by CCH Malaysia and also serves as its Consultant Editor in respect of the Malaysian Master Tax Guide.



SEMINAR AND PAYMENT DETAIL

• Seminar fee RM 630 per pax includes seminar hand-outs, lunch and two refreshments

• 5% discount for same organization registering for 3 seats or more in total

• Full payment is required to guarantee entry to the seminar room. You can bank in & email the bank in slip to us
Bank account: PBB 313 968 4822
Email: info@globalacc.com

• Cancellation is not allowed but replacement is welcome with prior notice

• Organiser reserves the right to amend or cancel the events

• Certificate of Attendance will be issued. CPE hour for members of professional bodies is subject to verification and approval of the respective bodies

• Application to HRDF for claims is subject to approval by the relevant authority (Globalacc is a registered training provider with HRDF. MyCo ID No: 755452-D)


Download Seminar Brochure here

Fill in the seminar brochure and send to info@globalacc.com for registration

or Contact Ms JC Cheong if you have any questions through phone number 016 512 4579

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Date and Time

Location

Hotel Armada Petaling Jaya,

Lot 6, Lorong Utara C

Section 52, Darul Ehsan, Pjs 52

Petaling Jaya, Selangor 46200

Malaysia

View Map

Refund Policy

No Refunds

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