Program Description

Malaysia's Service Tax has been introduced in Malaysia effective 1st September 2018, to replace the Goods and Services Tax (GST). Since then, there are quite a number of changes to the Service Tax legislations such as the requirement to self-account for imported taxable services, expansion of scope of Service Tax and effective 1st March 2024, the increase in the Service Tax rate from 6% to 8%. It is important for businesses to keep themselves updated with the latest changes as any non-compliance could result in penalties and fines. Join this session as the speaker shares the fundamentals of Service Tax, provide insights on available reliefs and exemptions as well as implications of current Service Tax developments.

WHO SHOULD ATTEND

• Accountants and Account Executives
• Finance Manager and Executives
• Internal Auditors
• Tax Managers and Executives

What Will You Learn

This session aims to equip participants with:

• Knowledge on the mechanics of Service Tax
• Proficiency to assess and identify transactions
• subject to Service Tax
• Ability to identify any tax reliefs and exemptions
• Compliance obligations
• Understanding implications of the latest
• developments in Service Tax

The Program Includes

Speaker's Profile : NG SUE LYNN (Executive Director)
Indirect Tax KPMG in Malaysia

Sue Lynn joined KPMG in 2005 and has experiences in both Corporate Income Tax and Indirect Tax. She advises on Malaysian tax issues and has assisted numerous leading overseas and locally headquartered multinationals

Requirement

PROGRAMMES FEES : RM 1,300 PER PAX (INCLUSIVE OF SST)