2024 Budget: Tax Implications on Businesses

15 Dec, 2023, Remote Online Training - Public

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Ms. Thilleswary Selvaraja is a distinguished Tax Accountant and Tax Agent approved under Section 153 (3) (c) of the Income Tax Act (ITA), and she is also an associate member of CTIM, Chartered Tax Institute of Malaysia.

 

With a solid educational background, Ms. Thilles earned her BA Hons. in Accounting and Finance and a Master of Business Administration (MBA) in Finance from the University of Southern Queensland in 2013. Additionally, she is a certified HRDCorp Trainer, demonstrating her commitment to professional development and excellence.

 

With a wealth of experience, Ms. Thilles specializes in offering comprehensive tax preparatory and advisory services, including financial accounting, to her clients. Her expertise stems from years of working in diverse roles, including as a Tax Senior in local tax firms and in a leading Oil & Gas multinational corporation.

 

Ms. Thilles is renowned for her ability to provide tailored tax solutions to business owners, significantly simplifying the complex process of managing and planning tax assessments. What sets her apart is her remarkable talent for explaining intricate tax issues in an easily understandable manner, making her services accessible and invaluable to clients, regardless of their background.

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Remote Online Training - Public

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

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Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
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No.5, Jalan Bangsar Utama 1, 
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FOCUSING ON
  • Module 1: Implementation of e-Invoice from August 2024
  • Module 2: Capital Gains Tax from March 2024
  • Module 3: New Tax Incentives for Reinvestment and Global Services Hub
  • Module 4: Widening of Service Tax
  • Module 5: Other Corporate Tax Measures
  • Module 6: Indirect Tax Measures
  • Module 7: Personal Tax Measures
OBJECTIVES
This course is designed for a broad audience interested in gaining a comprehensive understanding of the fiscal budget for 2024, including government officials, financial analysts, policy experts, and concerned citizens.
WHO SHOULD ATTEND
  • Company Directors, General Managers and Business Owners
  • Government Officials
  • HR Managers, Payroll Managers
  • Financial Analysts
  • Finance Managers, Company Accountants
  • Policy Experts
  • Executives and Administrators
METHODOLOGY
Interactive Lectures Plus Exercises, Case Studies And Group Discussions
COURSE CONTENT
9:00

MODULE 1: IMPLEMENTATION OF E-INVOICE FROM AUGUST 2024

  • Explanation of what e-invoicing is and its benefits.
  • Information on the technical requirements for e-invoicing implementation.
  • Step-by-step guidance on how to transition from traditional paper or PDF invoices to e-invoicing.
  • Guidance on software, tools, and systems needed for e-invoicing.
10.45

MODULE 2: CAPITAL GAINS TAX FROM MARCH 2024

  • Overview of Capital Gains Tax and its role in the taxation system.
  • In-depth discussion of the latest changes to CGT as announced in the recent budget.
12.00

MODULE 3: NEW TAX INCENTIVES FOR REINVESTMENT AND GLOBAL SERVICES HUB

  • Current vs Changes Budget 2024
  • Implementation of Global Minimum Tax deferred to year 2025
1:00 Lunch
2:00

MODULE 4: WIDENING OF SERVICE TAX

  • Explanation of how the budget aims to widen the service tax base.
  • Discussion of which services are now included or excluded from the tax.
  • Key Service Tax Changes in the 2024 Budget
 

MODULE 5: OTHER CORPORATE TAX MEASURES

  • Tax deduction
  • Capital Allowance
  • (Green Investment Tax Allowance (“GITA”)
3:45

MODULE 6: INDIRECT TAX MEASURES

  • Manufacturing aids
  • Luxury Goods Tax
  • Entertainment duty
 

MODULE 7: PERSONAL TAX MEASURES

  • Personal relief
5:00 End of Course