Company Tax Essential for Entrepreneurs, Corporate Managers and their Accounting Staff for more Effective Tax Planning

Company Tax Essential for Entrepreneurs, Corporate Managers and their Accounting Staff for more Effective Tax Planning HRD Corp Claimable (SBL-Khas) Submitting the Annual Taxable Return (ATR) entails detailed taxable income computation showing clearly what are the taxable incomes and what are the deductible expenditures of a business. It also involves the reconciliation of the Audited Financial Statement to the ATR to be in line with the provisions of the Income Tax Act 1967. Gaining knowledge of what income is taxable, what expense is deductible, and how capital and balancing allowance and charge from IRB works is always important in the business operation planning. Hence Taxation knowledge will forever be an asset and vital aspect to one’s career, business and organization success. It is a “NEED TO KNOW” subject matter. Objective By the end of this program, participants will be able to: • Enhance understanding of the Business Tax Principles and Concepts • Gain knowledge on what income is taxable, what expenditure is deductible and its related rules in the income tax act • Gain knowledge on the various capital allowances, such as initial allowance, annual allowances, industrial building allowances, balancing allowance & balancing charge, Small Value Assets Allowances, Accelerated Capital Allowances • Gain knowledge on withholding tax, compliance and consequence of non- compliance Pre-Requisites • Stable Internet Connection • Webcam and Earphones Course Content Module 1: Organization’s Taxable Income • Section 4(a) - Business Income and Badges of Trade definition by the ITA. • Section 4(b) - (e) Non Business Income • Section 4(f) - Other Incomes Not Mentioned in Sec. 4(a) to (e). • Creation of Debt as Income • Special Class of Income for Withholding Tax • Deemed Interest Income and Deemed Sales • Situation of Advance Payment from Customer as Income Module 2: Deductible Expenditure Principles • General provision governing Deductible and Non-Deductible Expenditure under the Income Tax Act • Deduction Prohibition and Restriction • Special Deductions • Maximisation of Entertainment Expense Deduction • Treatment of Entertainment Legal Expenses • Deductibility of Interest Expense and Interest Restriction • Bad Debt Qualifying Criteria • Deductibility of Certain Pre-Operating Expenses, Secretarial and Tax Fees • Expenses entitled for Double Deduction • Treatment of Unabsorbed Business Loss and Unabsorbed Capital Allowances • Inter-Company Loss Relief Module 3: Capital Allowance • Qualifying Expenditure and meaning of Property, Plant and Equipment • Initial and Annual Allowances • Small Value Assets Allowance and its restrictions • Qualifying Value for Fixed Assets under Control Transfer, Uncontrol Transfer and other Kind of Transfer • Accelerated Capital Allowances • Industrial Building Allowances Module 4: Withholding Tax Concepts • Understanding Double Taxation Agreement • Principles and Type of Expenditures paid to Non Tax Resident subject to Withholding Tax, such as: o Interest o Royalties and Licensing Fee o Contract Fees and its Workers Salary o Installation and Commissioning of Plants o Advisory & Management Fee, etc. o Technical and Consultancy o Rental of Moveable Equipment o Entertainer, Speaker, Lecturers Remuneration, etc • Parties Involved and the Concept of Where does the Expenditure Occurred • Permanent Establishment and Business Presence • Allocation of HQ Expenses and Treatment of Reimbursement and Disbursements • Bilateral Credit and Unilateral Credit When & Where 10 & 11 August 2026 (Mon & Tues) 9.00 am to 5.00 pm Remote Online Training - Zoom Who Should Attend Entrepreneurs, Directors, Managers, Accountants and all other individuals involved in or interested to learn and enhance their knowledge in basic taxation Training Investment RM 1,500 per participant for 2 days (inclusive of Service Tax, Online Course Materials, E- Certificate of Attendance) Group Promo: Save 15% Register min. 3 pax for RM 1,275 per pax (Normal Rate: RM 1,500) HRD Corp Claimable (SBL-Khas) Trainer's Profile Tan Kok Tee Kok Tee has over 40 years of experience in financial, strategic and general management. He has held a variety of leadership and senior management roles in various organizations, the last being Group Chief Executive Officer. More than half of this time are spent in the Manufacturing, Marketing & Distribution and Services organization, including those with the then Inchcape Timuran Berhad, Metroplex Berhad, Perdana Industries Berhad. He is a Fellow member of the Association of International Accountants, UK; Member of the Institute of Public Accountants, Aust.; Certified Commercial Accountant, (M); Member of the Chartered Tax Institute of Malaysia; Member of the Malaysia Associations of Company Secretaries; holds a MBA in Finance from Charles Sturt University, Australia and a Gold Mastery Holder in Reinventing Strategic Planning and Management from the Haines Centre for Strategic Management, sponsored by University of San Diego, USA. He is also a Certified Trainer with PMSB’s Train The Trainer Certificate since 2009, a GST Agent registered with MOF and a life member with the Malaysian Institute of Directors. Kok Tee has also been involved in training and facilitation on a part-time basis from 2009-2013, and full time from 2014 to now. To date, he has conducted about 300 training workshops, of which more than half are for GST related covering including GST Accounting for both in-house as well as public, including Government Authorities, Chamber of Commerce, Government Link Companies, Banks, Malaysian Institute of Accountants, Chartered Institute of Management Accountants, Selangor state Human Resource Development Centre, Negeri Sembilan state Skills Development Centre, NGOs, political party as well as for various other training providers. He also developed and delivered an Entrepreneurship program (training) specially for MBA students from GC University, Pakistan in collaboration with Sunway Education Group for period 2010 to 2014. He was also an assessor for the UTAR’s NGO strategic planning program and an invited speaker for the Asian Financial Controller’s Congress in 2009, 2010 and 2011. Register HERE Other Programmes HERE Contact Us Carriera Academy Sdn Bhd www.carrieraacademy.com Tel: 017-3188539 (Steph) Email: trainings@carriera.com.my Carriera Academy Sdn Bhd