Understanding employer’s tax obligations and embracing new way of working

In today’s dynamic business environment, it is crucial for employers to ensure that their tax obligations are being met due to the increasing stringent tax laws and intensified tax audit activities carried out by the Malaysian Inland Revenue Board ("MIRB"). These tax obligations are none other than notifying the MIRB on employee’s commencement and cessation of employment, preparing Form EA ("Statement of Remuneration from Employment"), computation of Monthly Tax Deductions ("MTD") and filing of employer’s tax return.

It is essential for employers to be mindful of the recent tax developments to discharge the tax obligations fully including digital transformation adopted by the MIRB. The risk for non-compliance is not limited to monetary penalties. It can also extend to reputational damage for the employers.

As the workplace changes to accommodate new ways of working, we will share with you how Human Resources ("HR") and Compensation Strategies should change; what should employers be looking out for; and what are the implications.

Speakers:

• Wee Chong Eng, Director – Global Mobility Services, KPMG in Malaysia
• Cecilia Paul, Associate Director – Global Mobility Services, KPMG in Malaysia
• Chan Sam Yeow, Associate Director – Global Mobility Services, KPMG in Malaysia
• Sharmini Ann Jacob, Executive Director – People and Change Advisory, KPMG in Malaysia

Who should attend?

Personnel dealing with payroll, process reimbursement of claims or in possession of information relevant for the calculation of MTD, preparation of Form EA/Form CP21/CP22A and e-Form E.