You Are An Individual
Individual income tax (or personal income tax) has been one of the main focus by the Inland Revenue Board (“IRB”) of Malaysia in the recent years. Particularly for high income earners (or high-net-worth individuals). In that case, having an experienced team of professionals handling your taxation matters would give you a peace of mind.
Whilst ensuring that our clients are in compliant with the Income Tax Act 1967, we:
Having said that, we aspire to build long-lasting relationships with our clients and help them grow. Furthermore, this is backed by the fact that we have worked with families and individuals for more than 30 years.
Services For Individual
Here are services we provide for salaried individuals, including company directors. Whether it is a one-off assignment or ongoing work, we will build a tailored package of the services that you require. By all means, please contact us for more information on the services.
Submit Tax Returns
We offer the service to file and submit your personal or individual income tax. This is the BE Form for salaried individuals.
Tax Planning for Individuals
Keeping up with the ever-changing tax legislation and new reliefs can be difficult and time consuming. Hence, we can help you look ahead to create a strategy to fully utilize the available tax reliefs. In addition to other allowable tax deductions to minimize the amount of tax you pay.
Tax Health Check
Are you unsure whether you have been complying with requirements of the Income Tax Act 1967? Are you having doubts with your tax returns that you submitted during the past years? To clear you doubts, we provide tax health checks. At the same time, we will go through detailed reviews of your past tax submissions, accounts, supporting documents and information. Through this exercise, your issues will be highlighted and the best practice will be recommended to mitigate any non-compliance risks.
Tax Audits & Investigations for Individuals
Are you are targeted for desk audits, tax audits or tax investigations? If you are, we can advise on the best course of action. Additionally, we can represent you for negotiations and appeals to the IRB.
Capital Statements for Individuals
The importance of capital statements in Malaysia is majorly overlooked. To the point that individuals, company directors or shareholders are requested to present their capital statements to the IRB. Notably, the capital statements are comprising of two forms – CP103 (for assets and liabilities) and CP102 (cash flow income and expenditure). As a matter of fact, IRB uses the capital statement as a tool to detect tax evasion. Henceforth, we provide this service for individuals who wish to look into their actual net worth. This will also act as a measure to ensure that their taxes are not under-reported. Not just that, this would be a good practice as it will ensure that individuals are fully prepared. In short, they will be able to provide the necessary information and documents for inspection in the event of an audit or investigation.
Let's Connect, It All Begins Here.
Drop us a message via the contact form, or simply text or call our office number.