Why Your Tax is Important?

Taxation can be a complex and overwhelming process, especially when you’re dealing with the consequences of non-compliance. Failure to adhere to regulations can result in penalties and legal issues that can negatively impact your business. You may face penalties for offenses like not informing Inland Revenue of your staff resignations, submitting your tax returns late, failing to pay tax installments, not revising your tax installment to reflect the amount you owe, failing to keep proper accounting records, or not having transfer pricing documentation for RPT.

Penalty for incorrect returns can subject to a special penalty of 100% of the tax undercharged. If a criminal tax offence is being prosecuted, and guilty of such offence, shall on conviction be liable to a fine up to RM20,000 or imprisonment of max 3 years or both plus a special penalty of 300% of the tax undercharged. There are various penalties for different tax related offences.

At our firm, we understand the importance of staying compliant with tax regulations, and we’re committed to helping you navigate the taxation process with ease. With our taxation services, you can have peace of mind knowing that we’ll handle your taxes efficiently and accurately, ensuring that you stay compliant and avoid any unnecessary penalties. Our team of tax experts will work closely with you to understand your unique tax needs and provide you with personalized tax solutions that meet your business goals.

What do we offer?

1. Tax Computation and Tax Returns for Individual, Company, Limited Liability Partnership chargeable persons
2. Tax compliance services – employer’s responsibilities, company’s responsibilities
3. Tax instalment – estimation of tax estimate, submission of tax estimate, revision of tax estimate.
4. Withholding tax issues
5. Assisting on Tax Audit by Inland Revenue Board.
6. Tax Advisory and Planning

Back to Home