Wednesday, March 02, 2005

One-day Workshop on Income Tax- Self Assessment at HELP

The Malaysian Income Tax system will be totally transformed with effect 2004 from the current formal assessment system where the Inland Revenue Board Malaysia (IRB) determines the income tax payer by an individul taxpayer has to interpret tax laws and determine his or her own tax liability and subsequently file with the IRB an accurate income tax return form (Form B) together with a payment instrument for the blance of tax payable by them, if any. In view of the shift towards self assessment for individuals beginning from the year 2004, it has become increasingly important that all tax payers become aware of not just their rights and responsibilities but more importantly of fundamentals and basic principals of the Malaysian income tax legislation. At HELP Graduate School we are proud to offer a one-day seminar on Income Tax - Self Assessment. For whom? · Owners of small to medium scale sole-proprietor businesses · Owners of small to medium scale-partnership businesses · Full-time employees with part-time businesses · Commission-based direct selling or service-based businesses Topics: · Introduction to the Malaysian income tax self-assessment system · Critical areas of income tax law in Malaysia · Your duties and responsibilities as a tax payer · Current practices of the Inland Revenue Board · Review and understand the requirements of Form B or BE · Apply the knowledge above to compute tax liability accurately · Relevant penalties for non-compliance and other offences Speaker: Mr. Kularaj K Kulathungum A tax consultant who has served with the Inland Revenue Board for over 15 years. He brings with him a wide knowledge of Malaysian income tax laws and practices not only in the areas of individual and corporate taxation but also in very specialised areas of taxation. In addition to being a tax consultant, he is involved in teaching taxation law in institutes of higher learning. Administrative Details: Date: Wednesday, March 23, 2005 Time: 9.00 am – 5.00 pm Venue: HELP University College Level 4, Block A North Pusat Bandar Damansara 50490 Kuala Lumpur Fees: RM400.00 Enquiries: Daniel Wong/S. Thendal Tel: 03 2094 2000 ext 1507/1509 Fax: 03 2093 8908 Registration deadline: March 16, 2005

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