Tax Compliance & Advisory

Saifudin & Co supports Malaysian businesses with tax compliance and questions arising from transactions, changes in operations and enquiries from the tax authority. We organise the work around the taxpayer, assessment year, deadlines and evidence supporting the tax position.

How we can help

• Prepare or review tax computations, return information and supporting schedules.
• Consider tax implications of a proposed transaction, disposal or business change.
• Review records supporting tax positions and related-party transactions.
• Help prepare fact-based responses to requests for tax information.
• Identify issues that need additional legal, valuation or specialist tax input.

Keep the compliance cycle in view

For a company, the work may involve tax estimates and instalments, estimate revisions, the annual return and supporting records. Related-party dealings, asset disposals and authority enquiries can introduce additional questions. The applicable dates, documentation and any concessions are checked for the taxpayer and assessment year rather than carried forward from an earlier period.

The tax matters we can discuss

Income tax work can involve companies, co-operatives, individuals, partnerships and other taxpayer types, depending on the agreed engagement. Employer tax, withholding tax, related-party documentation and e-Invoice compliance raise their own record and review requirements. Service Tax, Real Property Gains Tax and stamp duty questions should be identified separately so that the relevant facts, law and filing responsibilities can be assessed.

For prescribed-document submissions through MITRS, confirm the applicable filing requirement and deadline, then reconcile the financial statements, tax computation and return before submission. Use HASiL’s current filing programme for the taxpayer category and period. Service Tax and Sales Tax are distinct; this scope does not imply a comprehensive Sales Tax engagement.

How the work is organised

We first establish the question, period and relevant facts. The agreed scope identifies required records, assumptions, review responsibilities and filing or response deadlines. Advice and computations should distinguish established facts from decisions or evidence still outstanding.

Scope and responsibilities

Tax treatment depends on current law, administrative guidance and the taxpayer’s circumstances. A proposal for tax planning requires a credible legal basis; savings and authority acceptance cannot be guaranteed. Filing, representation and any specialist work are confirmed in the engagement terms.

Discuss your requirements

Discuss your tax requirements with the assessment year, nature of the transaction or enquiry, relevant deadline and records available.

Further guidance

Use HASiL’s current guidance for the applicable requirements. Related articles cover company tax estimates, tax audit records and tax risk management.