Taxation
Exceptional and exclusive Service
Practical Tax Advice You Can Count on
Focus Your Time and Efforts on Running Your Business and Leave the Taxation to Us
CORPORATE TAXATION
Corporate Tax is the tax liability payable to the Government. It is based on your profitability based on tax rules enacted by the local authorities. The rules governing taxation is numerous and is everchanging.
Our team of tax experts monitor and keeps abreast of these changes. Whenever there is a change or a new rule that affects your business, we will undertake the research and advise you on the implications.
The benefit of engaging us is that we ensure that the tax payable is accurate. We ensure that all tax reliefs and benefits are taken into account in order to minimise your tax liability. Overpaying taxes is an unnecessary cost. However short paying tax may have serious consequences of hefty penalties and or legal implications.
The Governments Annual Budget and interim budgets generally would have an impact on businesses. We will do all the work and keep you informed on how to benefit from these policy changes.
Our proposed quarterly meetings are another added advantage. It allows us to work with you to plan and manage the tax liability in order to take advantage of all tax reliefs and benefits available.
There are various tax returns that have to be submitted during the year. These forms have to be submitted within specified time frames failing which the company and the directors may become liable to penalties. We will take care of this and ensure that all returns are accurate and are filed in ahead of time.
We attend to all correspondences from the Inland Revenue and ensure that all queries and clarifications are promptly attended to and documented. In addition we will attend all meetings with the Inland Revenue to clarify and ensure that all regualtions are complied with.
SALES AND SERVICE TAX (SST)
Sales and Service Tax (SST) is administered by the Royal Malaysian Customs and is a tax imposed on sales and services of selected industries. The submissions are to be done on a bi-monthly basis on collection basis. The Quick Books online accounting system has been configured to capture the information required. This makes the task of submitting the returns less of an hassle and is accurate.
We attend to all correspondences from the Customs department and ensure that all queries and clarifications are properly addressed and documented. In addition we will attend all meeting on your behalf to resolve any issue that may be raised by the customs department
Failure to submit the returns on time or furnishing inaccurate returns attracts severe penalties and/or prosecution. We will keep track and advise you on a regular basis the changes in legslation or SST rules that may impact your business.
OTHER AREAS OF TAX
Our services includes other areas of taxation:
- Real Property Gain Tax (RPGT) – Tax Payable on gains earned from sale of land and building
- Witholding Tax – Tax witheld on payment made to a non-resident.
- Transfer Pricing – Fair pricing for transaction between related companies
Our services includes attending to all queries from the related statutory bodies, liaising with them, having meetings with them for clarifications, negotiating etc.
Taxation is a wide area covering numerous legislations, public rulings and tax guidelines. Legislation and regualtions are equally wide and far reaching. Our services includes all areas of taxation which would be volumious to list out in this document.
Why limit yourself only to our top level Taxation service. Together with our Accounting, Payroll, Auditing and financial services you will have an entire team of experts at your service.