Latest Update (April 2024)
[01] INTRODUCTION
Based on the IRB’s latest e-Invoicing implementation timeline, e-Invoice compliance will be applied to all taxpayers, including individuals and businesses. Malaysian Government’s E-invoicing is a National Initia- tive, aimed at boosting transparency, minimizing fraud, and enhancing overall business efficiency. Its adoption will have immediate and consequential impact on SMEs’ financial and tax liability. Understanding E-Invoicing and its implication early on can help you prepare ahead and achieve compliance.
[02] WHO SHOULD ATTEND
This program is tailored for:
• Accounting and Finance Professionals
• Procurement Managers
• Business Owners
• IT Personnel involved in financial systems
• Project team responsible for implementing e-Invoicing practices
[03] COURSE OBJECTIVES
• To familiarize participants with the fundamental concepts of e-Invoicing, including its benefits, technical components, compliance requirements, and implementation strategies
• To provide participants with a comprehensive understanding of tax principles and practices
• To explore strategies for optimizing tax liabilities within the legal frameworks
• To foster knowledge of key tax regulations and recent updates
[04] LEARNING OUTCOMES
• Participants will gain a comprehensive understanding of e-Invoicing, enabling them to assess its advantages, navigate technical aspects, comprehend compliance necessities and devise implementation strategies within a business context
• Providing participants with a comprehensive understanding of corporate tax principles, practices and compliance
• To equip participants with practical skills and knowledge to effectively manage corporate tax matters
[05] DATE, TIME, FEE
Date : 16 May 2024 (Thu)
Time : 9.00am - 5.00pm
Venue: Pullman Waterfront Miri
FEE | [ HRD Corp Claimable ]
- Special Offer (by 11 May 2024) - RM 920
- Normal Fee - RM 970
>> Fee includes Course Notes, Meals, Certificate of Completion and 8% Service Tax
** OFFER **
- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.
HRDCorp Claimable Course:
Trainer MyCoiD: 429594X
Course Scheme: HRDCorp Claimable Course
Course Type: Public
Course Code: 10001371246
[06] COURSE OUTLINE
Module 1 - An Overview of Lembaga Hasil Dalam Negeri Malaysia (LHDNM) & Tax System in Malaysia
• What is Income Tax?
• Who is Taxable ?
• When is it Taxable?
• How to file your Tax?
• Why pay Tax?
• How to submit your ITRF?
• Reasons behind Government’s E-Invoicing Launch
Module 2 - IRBM Electronic Invoice (“E-Invoice”)
• About E-Invoicing
• Benefits of E-Invoicing
• Implementation Timeline
• Exemptions
• Issuance of E-Invoices
• E-Invoice Validation via MyInvois Portal
• Rejection/ Cancellation of E-Invoices
• E-Invoice Model via Application Programming Interface (“API”)
• Software Development Kit (“SDK”)
• Data Field
• Transaction with Buyers
• E-Invoicing Guidelines
• ‘Self-Invoicing’
• Implementation Plan
• AR & AP Capabilities Upgrade
• FAQs
• Others
Module 3 - Tax System in Malaysia
• Corporate responsibilities
• Basis period
• Gross income
• Adjusted income
• Expenses
• Capital Allowance
• Statutory income
• Aggregate income
• Total income
• Taxable income
• Tax rates
• Payment
Module 4 - Tax Tools & Exemptions for Companies
• Leave passage
• Medical and dental benefits
• Retirement
• Gratuity
• Compensation
• Pension
• Scholarship
• Interest
• Dividend
• Royalty
• Income remit from outside Malaysia
• Fees or honorarium from expert service
• Income derived from research findings
• Benefits In Kind Form EA
Q&As Session
End of Training
[07] TRAINER PROFILE
LATIFFAH ABDUL WAHID
Ex-Hasil, Certified HRD Corp Trainer
Latiffah has more than 34 years and 6 months on experi- ence in taxation. She obtained her Degree in Business Administration from Universiti Kebangsaan Malaysia (UKM) and then pursue for master’s in human resource develop- ment from Universiti Teknologi Malaysia (UTM).
She had held various senior executive in Lembaga Hasil Dalam Negeri Malaysia (5 July 1983 – 6 June 2018). She obtained Advance Diploma Taxation Professional in 2010. Latiffah has extensively involved in training for the past 7 years, 5 years at Malaysian Tax Academy and 5 years after she retired from Lembaga Hasil Dalam Negeri Malaysia. Overall, she has conducted programs to more than 5,000 staff Lembaga Hasil Dalam Negeri (throughout Malaysia) and more than 1,000 entrepreneurs for the past 5 years after she retired.
PROFESSIONAL QUALIFICATION AND ASSOCIATION
• A member of The Association of Bumiputra Women in Business and Profession (PENIAGAWATI)
• A member of Persatuan Usahawan Internet Malaysia (PUIM)
• Certified Proffesional Facilitator
• Certified Trainer HRDF
• Certified Professional Image Consultant
• Certified DynamicDISC Profile Analyst
• Certified STIFIn Personality
• Certified NLP
• Certified NLP Coach
• Certified Dining Skills Consultant
• Certified Super Image Consultant
• Professional Certified Training Management
[08] REGISTRATION & ENQUIRY
Email: yes@sst2u.com
Enquiry:
- General (03-8604 7270)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Han (019 - 323 0507)