IAAP Certificate in Basic Taxation

Date :
20 - Jul - 2022 To 21 - Jul - 2022
Time : 09:00 am - 05:00 pm
Mode of programme : Public Programme
Venue: The Pearl Hotel, Kuala Lumpur

In today’s inflationary times, the cost of doing business is escalating at an alarming rate. Amongst other things, tax payers including companies have to manage their cash and assets reserves in an optimum and efficient manner in order to carry on business. All the efforts may come to naught if the company has not been fulfilling its obligation as a taxpayer diligently and carefully.

In some instances, as a result of tax audits or investigations carried out the inland revenue board, the additional tax and penalties that are imposed on the companies leave them facing a great dilemma as there may be insufficient funds available to settle the tax liabilities. Tax payers should also look at mitigating their tax liabilities based on legal means that are missed out due to either lack of sufficient information or sheer ignorance. Suffice to say that knowledge gained at this course may be converted to real savings by tax payers.

Module 1: Overview of Malaysia Taxation
 Tax revenue in year 2020
 Profile of the Inland Revenue Board (IRB)
 Taxes under the preview of the Inland Revenue Board
 Basis of Malaysian income tax
 Taxation system in Malaysia

Module 2: Income for Sole Proprietorship
 Business period and year of assessment
 Definition of a business
 Wages of trade
 Business income
 Deductions against business income
 Capital allowances on plant and Machinery
 Industrial building allowance
 Computation of statutory income from business
 Understanding its managerial objectives and usage

Module 3: Income for Partnerships
 General
 Evidence for existence
 Date of commencement
 Basis period
 Types of partners
 Tax computation
 Sole proprietor admitting a partner
 Changes to partnerships

Module 4: Employment Income
 Characteristics if an employment
 Malaysian derived employment income
 Basis of assessment of employment income
 Types of employment income
 Exempted income
 Allowable deductions from gross income

Module 5: Business Income
 Badges of trade
 Gross income from business
 Derivation of business income
 Commencement of Business
 Basis Period
 Adjusted and statutory income from business

Module 6: Business Deductions
 Capital expenditure versus revenue expenditures
 General deduction test
 Statutory prohibited expenses
 Specific prohibited expenses
 Specific deduction expenses in the act
 Double deductions
 Examples of deductible and non-deductible expenses

Module 7: Company Taxation
 Introduction
 Computation of adjusted income from business
 Approved donations
 Income tax rate
 Section 108 Account (dividend franking account)
 Example of income tax computation

Module 8: Capital Allowances
 Capital allowances on plant and machinery
 Capital allowances on industrial building
 Disposal of industrial building


Santhanasamy Subbiah

Santhanasamy Subbiah has more than 30 years of experience in corporate world on accounting and finance practices. His experiences in various industries include that of Banking, Manufacturing, Education, Insurance, Security, Plantation, Shipping, Shared Services and Freight Forwarding. He was also with the Ministry of Works engaged in special projects funded by the World Bank.

Besides being in the corporate world he has lectured MBA programmes for the following Universities:- Open University Malaysia, University of New Castle Australia, Herriot Watt University UK, Asia Pacific International University and was a Dean for the School of Accounting and Finance with a local University.

His specializes on the Understanding, Implementation and Hands-On training programs on Goods and Services Tax for numerous industries such as manufacturing, oil and gas, construction, logistic, retail, airlines, IPTA and many others. He is a GST trainer of Malaysian Institute of Accountants, Malaysian Institute of Insurance and Malaysia Institute of Corporate Governance.

Santhanasamy holds an MBA majoring in Finance from University Putra Malaysia. He is a member of the Chartered Accountant of Malaysia, Chartered Management Accountant of UK, and an Associate Member of the Malaysian Institute of Management. He is a Certified Trainer of HRDF. He is a certified GST Tax Agent of Ministry of Finance


MYR 1908.00

Subjected to 6% SST


2 Day/s

Certificate of Attendance Will be Provided

HRDcorp Claimable

Lunch & Refreshment Provided