[01] COURSE INTRODUCTION
The Pay As You Earn (PAYE) system for employment tax is designed to make life easier for employees. For the employer, there is a series of compliance procedures, which they must adhere to, and a severe penalty regime in operation if they fail to satisfy their employment tax obligations.
This course covers all these areas and more, giving a broad understanding of how employment tax works. Employment and Payroll Taxes is a useful reference tool for both employers and employees. By the end of the course, you will have a good understanding of the basic principles of employment tax.
[02] COURSE OBJECTIVES
• Understand the reporting requirements and timescales that employers must adhere to
• Recognise the tax of paying and receiving some of the more common types of expenses payments
• Deal with popular Benefits in kind (BIK) for tax purposes
[03] METHODOLOGY
Lecture, discussions, case studies & practical exercises.
[04] WHO SHOULD ATTEND
• Management
• HR & IR Personnel
• Compensations and Benefits Team
• Administration
• Payroll/ Salary Administrators
[05] DATE, TIME & FEE
Date: 25 November 2024 (Mon)
Time: 9.00am - 5.00pm
Venue: AC Hotel by Marriott, Bayan Lepas
FEE:
[ HRD Corp Claimable ]
- Early Bird Offer (before 9 Nov 2024) – RM 800
- Special Offer (before 21 Nov 2024) – RM 850
- Normal Fee – RM 900
>> 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: 10001447770
[06] COURSE OUTLINE
Module 1 - Introduction to Taxation in Malaysia
• Overview of the Malaysian tax system
• Types of Income Taxable under the Income Tax Act 1967
Module 2 - Employment Income Tax Overview
• Understanding the Derivation of Employment Income in Malaysia
• Exemptions and Special Cases
• Tax Implication for Residents and Non-Residents
• Determination of Resident & Non-Resident
Module 3 - Types of Remuneration
• Taxation of Employment Income – Section 13(1)
• Overview Section 13(1)(a), 13(1)(b), 13(1)(c), 13(1)(d) & 13(1)(e
• Exempted Income
Module 4 - Application of Tax from Employment Income
• Classification of Employment Income
• Application of Progressive Taxation
• Understanding Income Tax Reliefs, Rebates, Deductions, and Exemptions
• Step-by-Step Tax Calculation Process
Module 5 - Taxable Remuneration – Example and Calculation
• Monetary Benefit – Salary, Wages, Allowance, ESOS, Overtime, Bonus
• PUBLIC RULING NO. 9/2016: Gratuity
• PUBLIC RULING NO. 5/2019: Perquisites from Employment
• PUBLIC RULING NO. 11/2016: Tax Borne by Employer
• PUBLIC RULING NO. 11/2019: Benefits in Kind
• PUBLIC RULING NO. 3/2005: Value of Living Accommodation
• Refund From Un-Approved Fund
• PUBLIC RULING NO. 1/2012: Compensation for Loss of Employment
Module 6 - Monthly Tax Deduction (MTD)
• How it differs from and implication on annual taxation
• Who is subjected to MTD or PCB
• MTD Calculation Process
• MTD as Final Tax
• MTD / PCB Submission and Payment Due Date
Module 7 - Year-End Tax Administration
• Employer’s Responsibility
• Types of Reporting
• Error and mistake relief
• Record Keeping
• Consequences of Incorrect Tax Returns and Late Payments in Malaysia
• Tax Avoidance and Tax Evasion
• Tax Audit
Recap and Q&A Session
End of Training
[07] TRAINER PROFILE
BRIAN WEE
HRDF Certified Trainer
Brian Wee holds a Master of Business Administration and a Post Graduate Diploma in Business Administration from Heriot Watt University, United Kingdom. He has a Certificate and a Diploma in Personnel Management. He is a Certified Human Resource Professional (CHRP), an Ordinary Member of Malaysian Institute of Human Resource Management (MIHRM), PSMB Certified Trainer and PSMB Human Resource Consultant. Wee has attended a three days Effective Training Evaluation program by Ms Beverley Jeffreys of Chisholm Institute, Australian National Training Authority (ANTA).
Wee brings with him more than 15 years of working experience in Human Resource of large manufacturing companies. He is a Resource Training person for Malaysian Institute of Personnel Management (MIPM), Malaysian Institute of Purchasing and Material Management, UBS Commercial Institute, Open University Malaysia, Asia e University and UTM Space Executive Diploma Programs and others.
He started off his career in 1980 as a Senior Officer with the Ministry of Information where stayed for 15 years and gained extensive management experience. Later he moved to a Japanese based company where he was in charge of all spectrums of Human Resource functions. During that time, he acquired Japanese management skills such as Kaizen, Zero Defect, JIT, Quality Control, Quality Assurance, ISO QMS and EMS Awareness Program and many others. He developed and trained QC, ISO QMS and EMS and productivity related modules for the Wilmar International Group of companies’ employees.
In his present capacity, he develops modules and consult a multitude of organizations. He is also a part time lecturer for academic courses, namely Certificate & Diploma Program for Malaysia institute of Human Resource Management, Supervisory Module for Certificate & Diploma for Malaysian Institute of Purchasing & material Management, Executive Diploma of Human Resource Management for UTM SPACE, Asia e University, Southern College University and Open University Malaysia and Professional Short Course in Mandarin for Human Resource subjects and English Conversation & Communication Skills for User Business School (UBS).
Wee is tri-lingua and is able to teach and consult in all three main languages fluently. His much in-demand programmes include Effective Supervisory Skills, Purchasing & Negotiation Skills, 8D Team Problem Solving Methods, Total Preventive Maintenance, ISO QMS AND EMS Awareness Program, UTM SPACE ISO QMS Modules, Effective QA/QC Inspectors, QC Tools, QCC, Effective Communication and Motivation Program, Excellent Clerical Skills, Excellent Customer Service, Effective Business English Communication Skills, Report Writing Skills, Effective Presentation Skills, Teambuilding Program, Positive Working Attitude, Malaysian Labour Laws and Industrial Relation Laws, Understanding of Employment Act 1955, Handling Misconduct and conducting Domestic Inquiries, Effective Salary Computation and Administration, Handling Problematic & Difficult Employees, Report Writing Skills, Drafting an Employment Contract, Effective Human Resource Management, HR for Non HR Executive / Managers, People Management, Leadership Skills, Balanced Scorecard, Key Performance Indicators and others.
Among some of his training and/or consultancy services clients are Kyocera, Sunpower, TJ Wang Group (Accountancy & Secretarial Services), Lii Hen Group, China Press, White Horse Ceramic, ML Plastics Sdn Bhd, Yee Wan Manufacturing, Southern College, Foo Yew High School, MITI, Police Academy (Technical),Champion Precision, JK Sumi Wire, Muar Ban Lee Engineering, Autoveyor, Southern Lion, Seiko Electric, CSC Steel, San Miguel Yamamura Plastic, Ornapaper, Umicore Malaysia, Alloy Consolidated (MTD Group), Panasonic AVC Network, Southern College University, Infineon Technologies, to name a few.
Wee is also a frequent resource trainer and consultant for the Malaysia Digital Economy Corporation (MDEC), and associations and trade bodies including SME Association, Hoteliers Associations and more.
[08] ENQUIRY & REGISTRATION
Enquiry: yes@sst2u.com
Contact:
- Whatsapp Only (012 - 824 8874)
- General - (03 - 8604 7270)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Nisa (019 - 851 5134)