Duration
2 days
Overview
Preparing and completing the Form E can be challenging to employers as they need to ensure that every detail of their
employees together with their income is reported correctly as per the requirements by the Malaysian Inland Revenue Board (“MIRB”). Pursuant to subsection 83(1B) of the Malaysian Income Tax Act, 1967 (“MITA”), it is mandatory for all employers (including companies which are dormant and/or have not commenced business) to submit the Employer’s Return (“Form E”) for the year ended 31 December 2021 to the MIRB. The deadline to submit Form E for the year 2021 electronically is by 31 March 2022 (unless a grace period is granted by the MIRB).
The MIRB has issued the Tax Audit Framework for Employer (“Framework”) dated and effective on 1 October 2021. This Framework has been released to ensure the employer tax audits are carried out fairly and transparently. Most employers may not be aware of their tax obligations, and it is sometimes difficult for them to comply with the law due to the challenging nature of work in respect of the different assignment/ employment of the employees.
Therefore, it is crucial for the employer to understand The Framework and comply with the employer’s tax obligations to avoid any offences for non-compliance under Sections 83 and 107 of the MITA.
Learning Objectives
- To provide step-by-step guidance in completing the Form E.
- To provide a better understanding of the employer’s tax obligation in order to eliminate the misconceptions which lead to mistakes in adhering to the employer’s tax obligation pursuant to the Section 83 of the MITA.
- To highlight how employer tax audits are conducted and provide clarity and transparency on the scope and coverage of the audit process.
- To emphasize the importance of complying with the employer’s tax obligation and the consequences of non-compliance by employers.
Topics to be covered
- New updates on the 2021 Form E.
- How to complete the 2021 Forms E and C.P. 8D.
- Tax awareness to employers under Section 83 of the MITA.
- Tax Audit Framework for Employer
Agenda
Day 1
0850 am Login to the Zoom session Login to the Zoom session
0900 am 2021 Form E
Introduction
Procedure on the submission of 2021 Forms E & C.P.8D
How to complete Forms E & C.P.8D – Pin 2021
Practical issues relating to the completion of Forms E &C.P.8D
1040 am Break Break
1100 am Tax Awareness for Employers (Part 1)
Introduction
Employer’s tax obligation under Sections 83 and 107 of the MITA
The MIRB’s prescribed forms relating to the employer’s tax obligation
1230 pm Q&A Session Q&A Session
1300 pm End of the session End of the session
Day 2
0850 am Login to the Zoom session Login to the Zoom session
0900 amTax Audit Framework for Employers
Overview of the Framework
Types of employer audit
Implementation of employer audit
Rights and responsibilities of employers
1040 am Break Break
1100 amTax Awareness for Employers (Part 2)
MIRB’s major focus on the Employer’s audit
Sharing the practical issues & major mistakes
Consequences of non-compliance with the employer’s tax obligation
1230 pm Q&A Session Q&A Session
1300 pm End of the session End of the session
Programme scope, delivery arrangements and suitability are confirmed during enquiry.