INTRODUCTION
Filing your Annual Taxable Return (ATR) requires careful calculation of your business’s taxable income and deductible expenses. It’s also important to ensure that your Audited Financial Statement aligns with the provisions of the Income Tax Act 1967 when preparing your ATR.
Understanding what income is taxable, what expenses can be deducted from your taxable income, and how capital and balancing allowances and charges from IRM work can greatly benefit your business planning and operations.
Tax knowledge is a valuable asset and crucial for career, business, and organizational success. It is a “NEED TO KNOW” subject matter.
COURSE OBJECTIVES
At the end of this program, participants should be able to:
- Enhance the understanding of 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.
100% HRD Corp Claimable Course: Skim Bantuan Latihan Khas
For more information, please contact the following Program Consultant:
Ms. Joan / email: joan@cfrontier.com / Tel: +6 088 731 570