Course Fee
RM 1, 100 (inclusive SST) per participant
 
Compliance with employer’s tax obligation such as filing of Return Form of Employer (“Form E”) to the Inland Revenue Board of Malaysia and preparation of employee’s Statement of Remuneration from Employment (“Form EA”), would be at the company’s agenda during the first quarter of the year 2022.
What are the risks and pitfalls associated with completing the Form E and Form EA? What are the mistakes that can be avoided to mitigate tax audits? In this workshop, we will go through step by step on how to complete these forms, mechanism of Monthly Tax Deduction (MTD) / Potongan Cukai Bulanan (PCB), discuss on the recent changes (including changes in respect of Budget 2022 and Covid-19 related benefits) and the essential points and issues relating to employment income and benefits.
 
OBJECTIVE
• Get latest updates and developments on Employer Tax Reporting which includes Budget 2022 Highlights and Stimulus Packages
• Understand the important obligations as an employer, common mistakes and managing tax risk
• Learn how to plan a tax efficient remuneration package
 
WHO SHOULD ATTEND?
• Human Resource managers and executives
• Finance and accounts directors
• Finance / accounts managers and executives
• Tax advisors
 
OUTLINE
1. Overview of Employer’s tax obligation on employment income
2. Understanding the types of employment income in the Act
3. Understanding Residence status and challenges faced during Pandemic
4. Overview of Form E, C.P.8D and EA
5. Completing Form EA:
    •  Employment income & benefits
    • Allowances and new tax-exempt allowances
    • Director Fee
    • Employee share option scheme
    • Tax borne by employer
    • Benefit in Kind
    • Leave Passage
    • Compensation for loss of employment
    • Value of living accommodation
6. Completing Form E and C.P.8D
7. Recent Updates and Developments (Budget )
8. Covid-19 Related Benefits
9. Penalties and offences
10. Q&A

Liew Tzen Hsiung (Song Liew)
Mr. Liew is the Executive Director of ANC Group. The firm’s Facebook page is currently followed by 77,000 followers. He is a tax agent licensed by the Ministry of finance, a fellow member of ACCA, a member of MIA, CTIM, ASEAN CPA, and an approved HRDF trainer. Song provides tax compliance services and tax advisory for both domestic and cross-border transactions. He is a trainer/facilitator for MBA corporate finance, tax workshops organized by the Malaysian Institute of Accounts, Malaysian Employer Federation Academy, SQL Accounting Software, and in-house training for corporations. He has made his appearance in local newspapers, radio station and has conducted more than one hundred training with the largest audiences of 2,500 and online live audiences of 4,000. He authored Implementation to SST 2.0 and Employer Obligation and Tax Planning.