Deloitte Live Webcast: 2020 Employer’s Income Tax Reporting Seminar

The 2020 tax reporting season is around the corner and as an employer, compliance with employer’s tax obligations such as the annual reporting of income would be at the forefront of your agenda, especially in the first quarter of the year.

Further, as the Malaysian Inland Revenue Board of Malaysia (MIRB) is very focused on fostering compliance amongst taxpayers, employer audits are common and are expected to increase in the coming years.  Hence, it is crucial for employers to ensure complete, correct and accurate reporting in respect of all compensation delivered to their employees and directors.

With that in mind, we will be conducting a half-day webinar that serves as a refresher for all HR and payroll personnel in the preparation for the upcoming 2020 tax reporting.  The webinar will also cover highlights of the relevant proposals/recent updates affecting employer and/or employees.

The focus areas during the session will include:

o   Detailed walk-through of Form E and Form EA reporting requirements, including

• Disclosure of income in the Form E/EA
• Types of perquisites and benefits-in-kind
• Tax exempt allowances/perquisites/benefits
• Consequences of non-compliance with employer’s obligations
• Sharing of practical reporting challenges
• MIRB’s focus areas for employer’s audit

o   Brief updates on Budget 2021/PENJANA proposals impacting employers and/or employees

o   Highlights on tax issues affecting employers and employees due to COVID-19 travel restrictions

Who should attend

• HR personnel
• Payroll personnel
• Finance, tax or mobility personnel

Registration is on a first come, first served basis. Due to capacity limitations, please register by 4 January 2021 to secure your spot.

Webinar details

• Fee is RM200 per delegate (inclusive of 6% SST)
• Application to Human Resources Development Berhad (HRDB) for SBL assistance must be submitted by participants before the seminar. Completed forms must be submitted online at www.hrdf.com.my

**Company’s eligibility for SBL assistance is subject to HRDF’s approval. This seminar is HRDF-compliant.

Deloitte has taken extra measures to ensure additional security controls on the use of Zoom. We respect each organisation’s IT security policy which may restrict your participation.