1) Sales Tax is a new tax system implemented in Malaysia replacing the Goods & Service Tax (GST).
It is a single stage tax system encompassing various reliefs and exemptions unlike the previous GST system. The objective of the seminar is to provide participants with a comprehensive understanding of the principles and concepts related to Sales Tax and how businesses can benefit from the various reliefs and exemptions granted under the Sales Tax Legislations and common problems faced by companies registered under sales tax.as identifying its implications and procedures.
2) Service Tax is a new tax system implemented in Malaysia to replace the Goods & Service Tax (GST) in 2018.
The objective of the seminar is to introduce the participants to the basic understanding of the concepts and principles related to Service Tax.Participants will be made to understand what constitutes a taxable person and taxable services and the requirements as to registration. The seminar will highlight the registration recording requirements and the common mistakes/pitfalls of registered person. They will be updated on the latest amendments to the service tax rates, transitional issues and new prescribed taxable services.