Taxation

We are a licensed tax firm approved by Ministry of Finance under the Income Tax Act 1967 and Good and Service Tax Act 2014 based in Klang Valley.

Our commitment to ensure customer's data integrity and confidentiality. Timely status report as well as provide cost effective and accurate deliverables.

Our Tax services division formulates effective strategies to:

  • Effectively maintain tax compliance with relevant laws
  • Implement innovative tax planning methods
  • Optimise tax incentives to reduce tax liability

Regulatory compliance is amongst our core competencies. We offer professional and technical advice in all aspects of Malaysian tax laws.

This is especially critical due to the new Self Assessment Regimen implemented by the Malaysian Tax Authorities (MTA) that requires businesses / individuals to voluntarily assess their income and make payments on taxes due on a timely basis. Accounting records would also have to be kept updated, as the MTA would randomly be performing "tax audits" from time to time.

Type of tax filling:

1. CORPORATE TAX COMPLIANCE SERVICE

  • To prepare and file at the Inland Revenue Board (IRB), the Company's annual tax return (Form C) and, in that connection, prepare the income tax computation.
  • To advise the payment of the balance of tax (if any) based on the Company's annual tax return.
  • To advise the due date for submission of the return of original estimated tax payable (Form CP 204) and compliance requirements in relation to the amount of the estimated tax.
  • To complete and submit the Form CP 204 based on the amount of estimated tax payable furnished by the company.
  • To remind for the 6th and 9th month's revision of estimates of tax payable.
  • To prepare and submit the revision of estimate of tax payable via Form CP204A, if any.
  • To remit monthly tax instalments payment at the IRB payment counter (excluding cheque collection services from your office).
  • To send the tax instalment scheme or CP 204 to the company and to confirm receipt of the same.

2. TAX PLANNING & ADVISORY SERVICE

  • Company Tax Planning
    • Re-structuring
    • Group relief
    • Group credit set-off
  • Application of tax incentives
    • Pioneer status
    • Investment tax allowance
    • Reinvestment allowance
  • Company allowance
    • Industrial building allowance
    • Export allowance
    • Double deduction
  • Retirement scheme
  • Pre-tax audit
  • Withholding tax planning & advisory
  • Real Property Gain Tax (RPGT)

3. CLUBS, ASSOCIATIONS, MANAGEMENT CORPORATION OR SIMILAR INSTITUTIONS

  • To prepare and file at the Inland Revenue Board (IRB), the association's annual tax return (Form TF) and, in that connection, prepare the income tax computation.
  • To advise the payment of the balance of tax (if any) based on the association's annual tax return.
  • To advise the due date for submission of the return of original estimated tax payable (Form CP 500) and compliance requirements in relation to the amount of the estimated tax.
  • To remind for the revision of estimates of tax payable.
  • To prepare and submit the revision of estimate of tax payable via Form CP502, if any.
  • To send the tax instalment scheme or CP 500 to the company and to confirm receipt of the same.

4. PERSONAL TAX

  • Form B (Personal tax with business income)
  • Form BE (Personal tax with employment income)
  • Form P (Partnership)
  • Form M (Personal tax for non-resident)
  • Form PT (Limited Liability Partnership)

5. GOODS AND SERVICE TAX (GST)

  • GST Training
  • Impact assessment study
  • Implementation support
  • Post GST support and consultation
  • Preparation and review of GST Form 03

6. OTHER TAX SERVICES

  • Form EA
  • Form E
  • Tax Clearance
  • Tax Credit Refund
  • Tax Credit Set-off

TAX AUDIT & INVESTIGATION

  1. Assist client in handling tax audit by Inland Revenue
  2. Assist client in handling tax investigation matters
  3. Assist client to prepare capital statement, work papers and forms required for tax investigation
  4. Represent client in event of dispute with Inland Revenue and Special Commissioner

Our Services

  • Accounting
  • Auditing
  • Company secretarial
  • Company formation
  • Ready made shelf company
  • Payroll
  • Taxation
  • Internal audit assurance
  • Due Diligence
  • Business valuation
  • Budgeting & Business plan
  • Business cost savings advisory

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Contact Details

Telephone: +603-7845 4839
Email: info@cglca.com
Website: www.cglca.com

Address:
No. 6A-2 & 6B-2, Jalan Dinar C U3/C, Seksyen U3, Taman Subang Perdana, 40150 Shah Alam, Selangor, Malaysia.

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CGL Advisory Sdn Bhd