The dramatic changes in the pace and complexity of the business and tax laws, our tax professionals ready to assist clients with a unique mix of tax expertise and business awareness. We strive to develop a detailed understanding of the client’s business goals as it is essential for us to identify intelligently their needs and act as catalyst in identifying innovative tax planning opportunities.
A concerted approach is applied for all engagements, aimed at achieving a winning formula for our clients through maximized potential savings, minimized business and personal tax exposure and execute business strategies quickly and effectively, with strong accountability and governance while added value.
As our mark of quality service and to delight our clients beyond their expectation, we keep them abreast with the changing requirements of the taxation system and knowledge sharing between tax jurisdictions to gain a clear and defendable advantage.
Our scope of services are as follows :
- Income Tax Return
Income tax returns for each year of assessment based on the information provided by clients and submit them to Inland Revenue Board (IRB) as it should be submitted within seven (7) months from the closure date of company’s financial year under the Income Tax Act 1967. - Income Tax Payment
Income tax in respect of a calendar month is payable by the 15th day of the following month under the compulsory instalment scheme of Section 107C of Income Tax Act 1967 and the balance of tax under an assessment shall be payable not later than the last day of the seventh month from the closure date of company’s financial year. - Estimation of Income Tax Payable
The prescribed form should be submitted not less than 30 days before the commencement of the basis period for a year of assessment and the revision has to be made in the sixth and/or ninth month of the basis period for a year of assessment - Employer’s Return
The employer’s return form should be submitted not later than 31 March in the year immediately following the first-mentioned year. - IRB Documentation, Auditing and Investigation
Under the self-assessment system, any tax returns may be subjected to IRB documentation, auditing and investigation. The company will be requested to produce documents, accounting records, IRB queries or other evidence to support the income tax returns lodged.
