Mastering Corporate Tax Filings & E-Invoicing: Ensuring Compliance and Efficiency

04-05 Dec, 2024, Wyndham Grand Bangsar Kuala Lumpur

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T.THARMASEELAN
Chartered Accountant (M)
Fellow Of The Association Of Chartered Certified Accountant (UK)
MBA (Wales) in Marketing
HRDF certified Trainer

Certificate IV in Training and Assessment (AIM)

 

Tharmaseelan C.A (M), F.C.C.A, MIAE has vast experience in the field of Accounting, Taxation, Internal Control Systems and Finance for almost 25 years in an international accounting firm and local consultancy firms.

 

His career spanned across wide working experience and exposure in Accounting, Taxation, implementing Internal Control Systems and Finance in consultancy firms, a leading hotel in Langkawi and in a leading hotel training college. He has also developed Business, Accountancy and IT Programs with various colleges, and these programs are validated by foreign universities and professional Bodies.

 

He was attached to a medium size audit firm as a Senior Audit Assistant before he moved over to an established international tax company where he held the position as a Tax Senior. He then joined an established professional firm as the Tax Manager where he oversaw the computation, submission and resolving tax issues for clients.

 

His tenure with an established Consultancy as a Senior Consultant gave him the opportunity to designed internal control systems & implemented it. He also advised his clients on compliance with accounting standards and tax regulations. His last position prior to going into practice was as the Associate Director of The Business School where he was responsible for restructuring the Business School and identifying suitable courses and obtaining accreditation from various bodies and universities.

 

He is currently in practice offering his expertise and knowledge to corporate and professional clients, locally and worldwide. His specializations are in designing and setting up of Accounting, Taxation, Finance, Internal Control and Operational Systems as well as in performing Operational Audits. His well-esteemed clients include those in the hospitality, education, manufacturing and service-based industries.

 

As a qualified Accountant, he is actively involved in conducting audit and financial courses. His experience brings him to faraway countries such as Vietnam, Brunei, Singapore, Nepal, Uganda and Rwanda to train Accounting and Financial Professionals.

 

He is currently the principal consultant of his own consultancy firm and a director of a growing tax and secretarial firm.

 

He is also a regular training facilitator for
1. Malaysian Institute of Accountants
2. Certified Public Accountants of Australia

 

Venue Details

Wyndham Grand Bangsar Kuala Lumpur
1, Jalan Pantai Jaya Tower 3, Kuala Lumpur, 59200 MY,
Phone : +60322981888

https://wyndhamgrand bangsarkl.com.my/

Contact us

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

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

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • TAX ADMINISTRATION UNDER INCOME TAX
    • Overview Of Income Tax
    • Filing And Payment Procedures
  • SUBMISSIONS
    • Employers - Return For The Year Of Remuneration
    • Companies
    • Disposal And Acquisition Of Real Property / Shares In A Real Property Company
    • Withholding Tax
  • E-INVOICING
OBJECTIVES

Conducting a business would inevitably involve taxation. This includes providing documentation for deductions on Corporate Tax.

Failure to provide the requisite documentation when required would invite action from the authorities, which may include hefty fines. It is therefore crucial for businesses to ensure proper, adequate and systematic documentation of all transactions to comply with the tax laws and regulations.

Learn how you can develop an Effective Tax Administration and Maintain Proper Accounting Records, to not only avoid penalties for non-compliance, but to also ensure you do not face difficulties with claims for deductions and input tax recovery.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Understanding the responsibilities and obligations of the taxpayer.
  2. Ensuring proper Documentation is maintained in accordance with Income Tax.
  3. Ensuring proper Records are maintained in accordance with Income Tax.
  4. Ensuring your company complies with all submissions and meets the deadlines.
WHO SHOULD ATTEND
  • Financial Controllers
  • General Managers
  • Corporate Finance Advisors
  • Company Secretaries
  • Accountants
  • Auditors
  • Corporate Planners
  • Accounts, Finance, Audit and Administrative Executives
  • Internal Audit Executives
METHODOLOGY
Interactive learning session with Course Leader-led facilitation, live Q&As, with Case Studies
DAY 1
 

TAX ADMINISTRATION UNDER INCOME TAX

9:00

Session 1: OVERVIEW OF INCOME TAX

  • Roles & responsibilities of taxpayers
  • How Income Tax affects your business
  • Impact and consequences of legislation
  • Taxpayer rights/obligations under Self- assessment
  • Maintaining records and documentation
10.45

Session 2: FILING AND PAYMENT PROCEDURES

  • Payment of tax under instalment schemes
  • Estimates of tax / revision of tax estimates
  • Penalty provision for failure to furnish estimates / submit tax returns
  • Submission of Borong CP204
1:00 Lunch
2:00

SUBMISSIONS

2:00

Session 3: EMPLOYERS - Return for The Year Of Remuneration

- Borong E
- Borong EA
- Employers information
- Employees Information
- CP 8D
- eCP 39

3:45

Session 4: COMPANIES

- Borong C
- Basic Particulars
- Statutory Income
- Total income
- Chargeable income
- Other information

5:00 End of Day 1
DAY 2
9:00

Session 5: DISPOSAL AND ACQUISITION OF REAL PROPERTY / SHARES IN A
REAL PROPERTY COMPANY

- CKHT 1A
- CKHT 1B
- CKHT 2A
- CKHT 3


10.45

Session 6: WITHHOLDING TAX
Overview of withholding taxation
Types of payments that attract withholding tax

o Borong 37
o Borong 37A
o Borong 37C
o Borong 37D
o Borong 37E
o Borong 37F

1:00 Lunch
 

E-INVOICING

2:00

Session 7: E-INVOICING

- E-Invoicing Models
- Types of E-Invoices
- Circumstances when self-billing is permitted
- Circumstances when consolidated invoices are permitted
- Creation and submission of invoices
- Exemption from E-Invoicing
- Disbursements and reimbursement
- Relevant codes
- Invoicing when TINs are not available

5:00 End of Course