16 December 2021 (Thurs.)
10:00 am - 6:00 pm
Zoom (Remote Online Learning)
HRDF CLAIMABLE
We bring you 1 Day Special Annual Malaysia Budget 2022 Tax Planning Seminar featuring Dr Choong Kwai Fatt as the Speaker.
7 CPD
Limited seats available, subject to first come first-served basis.
Click here if you prefer to attend the physical face to face session at Sheraton PJ instead.
The Finance Minister, Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz surprised the business community with various jaw-dropping tax changes during the Budget 2022 announcement on 29 October 2021.
This Budget 2022 is the biggest budget expenditure ever. It is here to seriously move out from the K-shaped economic recovery.
With Cukai Makmur expected to harvest RM33.8 billion from the big players. This round government has a plan and can flood the market with cash from grass root up.
There is so much work to be done. So much tax planning need to be in place. Those who are equipped with tax planning will no doubt have a big smile on their face when they pay tax next year.
We expected Budget 2022 to support industries that experience rapid economic expansion and also to shift out from the tabooed K-Shaped economic recovery.
We are all surprised by two shivering tax changes :
The government will lift the foreign-sourced income exemption in 2022? Remove paragraph 28 Schedule 6? Or a new section added to specifically tax on a particular area of foreign income? We all have been in the territorial scope tax era for far too long. Altering the scope of charge for a country’s tax system is a serious matter.
Remember a few years back when we first shift to a single tier, we all need to be updated. That’s the attitude we should have for the aforementioned systemic change. Assess the real impact and know how to respond on a timely manner.
There is lot of concerns on :
These question has long been regarded as academic and only the tax lawyer’s homework.
The government gave up on imposing capital gains tax on shares this year, shifted to eye on foreign source income. It is now something that you and I should know to self assess and mitigate the impact of foreign activities.
Know what should be documented and how bad the real scenario is. How long is the chain reaction?
With this Budget 2022 tax planning seminar, you will finally be crystal clear and has the game plan in hand.
With the Edge featuring headline of:
“RM33.8 bil wiped off market capitalisation on Bursa Malaysia in a knee-jerk reaction to ‘cukai makmur’ (Prosperity tax) proposal”. Cukai Makmur is an unwelcomed surprise.
Put aside the Robin Hood argument in support of Cukai Makmur. There is a substantial opportunity cost here it is a 9% spike in tax (24% to 33%). We need to be reminded of the fact that the objective of a business is nevertheless to maximise profits for itself or its stakeholders. Similarly, it is in the company’s interest to manage its cash flow with tax planning.
By understanding how this Cukai Makmur works and moving fast grab the unique tax planning now to mitigate this sudden huge outflow.
Those who are ready prosper, while the laggers are stuck in complain, lemon and regret.
To make the property market more charming, the Real Property Gains Tax (RPGT) exemption is in place in Budget 2022.
Profit from the lower taxes together with RPGT exemption on Group Restructuring, Succession Planning and Deceased Estate Management is up for grab this Budget 2022.
The Tax Family all under one roof. Completely updates on all three aspect of taxation: Income Tax, RPGT and Sales & Service Tax.
#PS: Also includes transfer pricing updates.
There are long and lengthy tax changes happening each year. This year is extraordinarily special.
This Budget 2022 is created to boost the economy. There are so many company and employee tax changes for your to grab.
Practically Update and be ready for your 2021 and 2022 tax filing without reading a line of the source documents. Ride on the rise in tax economy with legally minimised taxes.
Especially with Transfer Pricing coming into effect on 1 January 2021. With lots of updates and changes on going. Government need to collect in order to spent on development. While transfer pricing is there to combat Shadow Economy, and it needs to be achieved via highly active Tax Audit and Investigation. The cat is coming, are you prepared?
After 2 years of Covid-19, it brought lot of changes in our life. It also reflected on one glaring fact: those who are able to response fast prosper.
It has created lots of Opportunities. This Unique Annual BUDGET 2022 Tax Updates and Tax Planning via Zoom Sessions with Dr. Choong Kwai Fatt is a MUST ATTEND. Place in your hand those URGENTLY NEEDED Business and Employee Tax Planning for your Budget 2022.
Be benefited from the eager push by government, at the comfort of your home or office via live zoom session with Dr Choong.
Know where to update in your business be it existing Business Structure, or Employees’ Packages, also on documentation.
The theme of this Budget 2022 Tax Seminar is benefit from “Further Expansion and Economic Recovery”. The Q & A session is the highlights for this special Live zoom session. Where attendees would submit questions before the seminar anonymously and Dr Choong will provide answers live during the Live Zoom sessions.
Unlimited questions can still be submitted after the seminar. Dr Choong will strive to answer the question as
quickly as possible.
He does strive to respond as speedy as possible. In case there is a high volume of questions, please do be generous and allow the speaker a response time of 4 working days. As usual, do skew your question and limit them to Budget 2022 concerns and developments.
Participants love Q & A sessions. We can learn from each other’s concerns, pre-empt potential challenges and gain a practical solution to frustrating implementation hiccups.
We are eager and look forward to seeing you in this Live Zoom Session. Stay safe and healthy!
what’s covered
Contents includes Tax Updates & Tax Planning but are not limited to just the following:
This seminar is conducted virtually via Zoom. Do expect to receive post Budget updates and developments till 31.3.2022.
WHAT PAST PARTICIPANT THINKS
ABOUT OUR SEMINAR LAST YEAR
Dr Choong Kwai Fatt (the Speaker), is know for his passion in sharing tax know-how. He is committed to high quality of presentation and insists that all materials are covered and gives as much value as possible. Therefore the schedule may vary.
REGISTRATION
Check in 10 minutes before the session commencement to resolve any hiccups and be familiar with arrangement for the seminar.
# Dr Choong usually start early, so do show up earlier so that you don’t miss out on the important content.
Tax Planning for Companies – SME and non-SME
Tax Incentives – Its Implications and Applications
Mergers and Acquisition of companies
Exciting RPGT reform in the Property Market
…. More content may be added as changes where relevant from Budget 2021 prior to event date.
How the seminar is conducted?
BUDGET 2022 – An Important Date with Dr Choong
We will send you :
Grab the seats now, be part of this important tax planning seminar by Dr Choong Kwai Fatt.
Choose the right category based on the number of participants.
Created for Business Owners, Accountants, Financial Personnel, Company Directors and you of course.
(Personnel involved in Managing the Company)
Shareholders and Directors are exposed to Personal Risk of Travel Restriction, Personal Liability to pay for “Tax Undercharged” and Company Bankruptcy. Therefore Shareholders and Directors must have personal understanding of what are the latest risks they are facing and ensure the right safeguard is in place. Especially to take advantage of available Tax Incentives, Business Recovery, Corporate Restructuring ideas and Tax Planning Opportunities. (Applicable to all industry)
(CEO, CFO, General Manager and Financial Controller)
To ensure the company continue to prosper and remain relevant, be ready for Malaysia Budget 2022 and get to know what are the major changes in Government’s direction which impact Businesses Direction. Where Economy, Taxation and Business Direction need to be known. The Decision Makers must be well advised and comprehend the significance and be able to plant the right seeds and direction for the company.
The Advisors need to gear up and patch up your dose of Know-How from this Annual Malaysia Budget 2022 Seminar in view of this ongoing Covid-19 pandemic that is happening locally as well as internationally.
Get the Latest Malaysia Budget 2022 Approach implemented by ruling Government, latest KNOW HOW and New Action Plan needed.
Applying a MFRS and SST are tough enough, plus Transfer pricing changes which is bringing Malaysian Business Structure change and cut across all industries in your accounting work. NOW there is another wave of change in New Government Business Direction with the regards of Covid-19 that you MUST BE READY FOR.
How will it affect your Business Direction, Accounting Entries, Documentation from now onwards and all the compliance requirements and thresholds involved. There are ample work to PATCH UP on the missing UPDATES.
Here's 2 main reasons why management Level love our seminar :
Experienced Senior Management appreciate the fact that the more they legally slash from Tax, the more Profit they can easily retain in the company.
Tax Risk Management is on the shoulder of Senior Management (especially Directors), compliance and right documentation free them from lots of Tax Headache and be confident when they faced with Tax Audit and Investigation.
[One Last Secret: We notice most of our frequent attendees get promoted Very Fast in their respective Company. I suppose, those who can create high impact on company's $$$ will tend to get priority to be headhunted for promotion when it is available.]
Dr Choong Kwai Fatt is an acknowledged tax authority and a leading tax specialist in Malaysia, highly sought after speaker and provided tax consultancy services to listed companies, audit firms, legal firms and the Malaysian Government for more than 25 years.
Like a diamond with multiple façade, Dr Choong shines for his depth of tax knowledge, rare combination of skill and experience derived from being a speaker, writer, researcher, advocate and solicitor, consultant and his passion towards tax education.
Collectively this has resulted in his outstanding presentation skill and charming persona as a speaker and advisor.
Most frequent questions we received.
Our budget seminar is popular because we cover TAX PLANNING.
Conventional Budget seminar are created with the objective of just updating participants on latest changes.
Knowing tax changes help you to remain compliance.
Knowing tax planning provides substantial TAX SAVING.
Unfortunately, most of the sessions will not be repeated. Should there be a similar session, you can change to other session of the same event, subject to availability.
Refund is not possible as all seating arrangement with venue and printing of materials have been arranged and put in place. However, we can accept replacement by informing us via email 10 days prior to the event.
Yes. This seminar does not just cover the surface Updates or Latest Developments, it covers the most crucial question : “How to implement and embed them into my Company System?”
Join Us and Expect to take away How Practical Solutions and Implementation Pointers.
No. The CPD stated on the Certificate of Attendance is as awarded by the Training Provider in recognition of the hours spent learning with the respective Speaker/ Trainer.
Unfortunately, it is subject to the discretion of the respective institution whether or not to accept the point or otherwise.
Yes, we do understand plans are always subject to change. Do provide us the name 10 Days prior to the event date. If change of name were to notify after we have printed the Certificate of Attendance, reprinting of cert can be done with a Certificate Reprinting Administrative Fees of RM 100.
No. We wish we can answer yes to this. Our Seminar is based on latest and most up to date information, rules and regulations, with a cut off point of 1 to 2 weeks before the event. The earliest date for us to get the seminar materials from the Trainer/ Speaker is 1 – 2 days prior to event date. In this regards, we will have to turn down all request to deliver materials prior to event date.
We distinguish ourselves based on three areas. We are specialist in arranging effective and quality seminars.
We are also reputable event organising company set up to organise Advanced Tax Planning event. Our motto is to encourage the policy of “Plan Your Tax, Do NOT Evade Tax.”
Our Participants mainly consist of Corporate Leaders, Practitioners and Senior Executives, we hold firm to the view that we must do all it takes to maximise learning and impact in a minimum amount of time. We take pride in providing the most updated and well researched information.
Yes, our events are HRDF Claimable*
(*Subject to PSMB’s approvals by Participants). However do note that HRDF has new guideline on the claiming of HRDF on online training. Where there is restriction of RM 500 per day (with minimum of 4 hours training conducted over 2 days).
This applies to Company that is contributing to HRDF Fund.
Usually for live training as per the information we gather from Participants over the years, register and get the Invoice first.
Then, together with the Brochure, submit both Invoice and Brochure to HRDF for pre-approval (usually takes about 3 to 5 working days).
Once pre-approved, please proceed to make payment to Synergy TAS PLT.
Company can claim back the money from PSMB after participants attended the event by submitting both the Certificate of Attendance and Official Receipt from us.
For Online training, HRDF do impose additional criteria. Such as the minimum number of hours and the minimum number of days and maximum number of participants per session. Do check with HRDF for more information on this.
If you have the latest updates as to how to claim HRDF, please do share with us via event@synergytas.com.
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