BUDGET 2016

BUDGET 2016 : INCOME TAX | RPGT | GST LATEST UPDATE AND TAX PLANNING SPEAKER | DR CHOONG KWAI FATT

Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. Information collected is in pursuant to the Personal Data Protection Act 2010. | *HRDF Claimable : is subject to approval by PSMB . | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. Copyright (C) 2015 Synergy TAS PLT.

| HRDF CLAIMABLE * | 10 CPD PER DAY |

B U D G E T 2 0 1 62 8 & 2 9 O c t o b e r 2 0 1 5

BUDGET 2016THE GARDENS, MID VALLEY CITY, KUALA LUMPUR

STAY AHEAD OF THE CROWD

WHILE OTHERS STRUGGLE TO LEARN UP ON GST: YOU ARE

NOT ONLY AWARE OF THE GST, YOU

ALSO KNOW HOW RPGT & INCOME TAX

UPDATES AND VARIOUS

TAX PLANNING IDEAS AT YOUR

DISPOSAL

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This Budget 2016 will stand out due to extensive Tax Planning and the complete and Extensive Updates needed for your 2015 and 2016 tax filings.

With the heat of GST last year, lots of us have in fact missed out on many of the major updates on Income Tax and RPGT. The year 2015 continues to see the proactive of Inland Revenue Board in crafting tax audit framework, tax investigation framework, penalties structure, revised tax compliance procedure which will be extensively discussed and analysed its impact.

Welcoming the implementation of GST, tremendous changes in income tax, real property gains tax, tax incentives and stamp duty were introduced.

Budget 2016 is due to be announced on 23 October 2015. This year will focus on the major updates on Income Tax & RPGT. The goods and services tax (GST), with its first year of implementation, Budget 2016 will fill up the various gap created by GST, with changes from Income Tax and RPGT .

Copyright (C) 2015 Synergy TAS PLT.

INTRODUCTIONSPEAKER’S PROFILE

DR CHOONG KWAI FATT is the pioneer in GST formation and implementation. He is appointed by the Ministry of Finance as one of the panel members to review tax reforms in Malaysia, inclusive of the formulation of GST.

He has conducted and published an extensive research on GST way back since 2006. Dr Choong being an avid researcher, he has also studied GST system from various countries.

He is also widely known for his ability to formulate the “unthinkable” strategies and clearly thought of implementation plan. He is constantly sought by many listed companies as well as high net worth individual and SME for his practical and impressive strategy to GST implementation and of course, his foresight into the potential GST concerns.

He is the expert of experts in terms of GST & tax planning, where he provided advice and personally trained corporate accountants and professional firms on income tax, RPGT and GST implementation. Get ready to take good notes when you attend his GST planning seminars.

GET READY FOR YOUR 2015 AND 2016 TAX FILINGS

With the amount of work involved and done, Dr Choong will require two days of duration to conduct this round of Budget 2016.

Volumes of updates and part of the tax planning are required to get yourself update and to absorb the tax planning strategies and tax updates.

REALLY REQUIRE TWO DAYS TO CONDUCT BUDGET 2016

B.Acc(Hons)(Malaya),LL.B(Hons)(London), CLP, MCL(IIUM),PhD(IIUM), FCCA(UK), CPA(M), CA(M), ACA(ICAEW), CA(Aust.),CPA(Aust.), CGA(Can), FCCS.

TAX CONSULTANT, ADVOCATE AND SOLICITOR (HIGH COURT OF MALAYA)

DR CHOONG KWAI FATT

CRAFT YOUR 2015 & 2016

TAX PLANNING WITH BUDGET 2016!

Copyright (C) 2015 Synergy TAS PLT.

Dr Choong expects there will be a great revamp and significant announcement on companies, individuals, trust, Labuan companies, the tax planning opportunity should not be missed.

It is reasonable to predict that tax incentive on innovative and services sectors will be provided. In addition to income tax incentives for agriculture and manufacturing companies.

Despite the current plunge of economy since implementation of GST, it would improve gradually, coupled with the government support on fiscal policy should be capitalised and optimised. Failing which companies will drop out in terms of competitiveness.

Malaysia’s Taxation System

MAXIMISE ON TAX PLANNING

SPECIAL FEATURE :

THE COURSE CONTENT INCLUDES BUT NOT LIMITED TO THE FOLLOWING:

Topics included but not limited to: Tax planning on companies

Incentive optimisation with the corporate structure

Real property gains tax amendments and way forward

Stamp duty changes and its impact

Tax planning for directors on its remuneration package

Employee benefits incorporating GST impact

The year 2015 continues saw the proactive of Inland Revenue Board in crafting tax audit framework, tax investigation framework, penalties structure, revised tax compliance procedure which will be extensively discussed and analysed its impact.

Welcoming the implementation of GST, tremendous changes in income tax, real property gains tax, tax incentives and stamp duty were introduced.

In addition the Federal Court and Court of Appeal has redefined jurisdiction of the law in relation to following matters:

Tax avoidance scheme – do and don’ts

Double taxation agreement as a mean to relief withholding tax

Special classes of income, s4A – responsibility and obligation

Plant for capital allowances purpose

Reinvestment allowance redefined

PART A:

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GST is transaction based and never easy to be comprehended. It must be guided by tax specialist and expose with many scenario and circumstances. This can only be done through extensive case study, sharing of skills and also hard work. This is a workshop that are comprehensive and complete governing manufacturing, trading, and service industry on the following topics:

Consignment with invoicing – the time of supply, output tax on commission or gross profit

Self billed invoice – the pros and cons

Sharing of rental, insurance commission, electricity and telephone bills – using tax invoice or not, with profit margin or not

Export services – 0% or 6%

Director liabilities – must undertaking letter by shareholder necessary in the case of tax recovery by Customs

Panel decision – to what extent it is binding

Transitional issues – a revisit for completeness

Rental income and its related issues – market value, transfer pricing, the necessity of agreement

Service industry – when is the actual time of supply to issue tax invoice

Bad debts – how bad is bad debts

Incentive scheme, cash rebate, cash discount, sponsorship – GST or no GST

Goods returned to supplier – debit note or must insist credit note

PART B:

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More content will be added as changes from gazettd order and guidelines provided in Budget 2016 announcement.

INCORPORATE TRIO OF TAXATION : GST, INCOME TAX & RPGT.

= Hot topic

BURNING QUESTIONS : Personal tax risk and issues within your industry will be addressed via the content presented & during Q & A session of your queries to us (limited to two questions per participant).

Copyright (C) 2015 Synergy TAS PLT.

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REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)

9.00 AM

Day One 28 OCTOBER 2015 (Kuala Lumpur)

8.30 AM

10.15 AM

BREAK (SNACKS PROVIDED)

10.30 AM

12.30 PM

LUNCH (MEAL PROVIDED)

1.30 PM

BREAK (SNACKS PROVIDED)

3.00 PM

3.15 PM

Q & A Session

End of live event

5.00 PM

7.00 PM

PROGRAM TIMELINEThe estimated timeline for Budget 2016

Presenting the big idea in tax planning.

Note : Speaker is committed to high quality of presentation and insists that all materials are covered. Therefore the schedule may vary.

Incentive optimisation with the corporate structure

Tax planning on companies

Real property gains tax amendments and way forward

Stamp duty changes and its impact

Tax planning for directors on its remuneration package

Employee benefits incorporating GST impact

Tax avoidance scheme – the dos and don’ts

Double taxation agreement as a mean to relief withholding tax

Special classes of income, s4A – responsibility and obligation

Plant for capital allowances purpose

Reinvestment allowance redefined

Copyright (C) 2015 Synergy TAS PLT.

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REGISTRATION & BREAKFAST (BREAKFAST PROVIDED)

9.00 AM

Day Two 29 OCTOBER 2015 (Kuala Lumpur)

8.30 AM

10.15 AM

BREAK (SNACKS PROVIDED)

10.30 AM

12.30 PM

LUNCH (MEAL PROVIDED)

1.30 PM

BREAK (SNACKS PROVIDED)

3.00 PM

3.15 PM

Q & A Session

End of live event

5.00 PM

7.00 PM

PROGRAM TIMELINEThe estimated timeline for Budget 2016

Presenting the big idea in tax planning.

Note : Speaker is committed to high quality of presentation and insists that all materials are covered. Therefore the schedule may vary.

Consignment with invoicing the time of supply, output tax on commission or gross profit

Self billed invoice – the pros and consSharing of rental, insurance commission, electricity and telephone bills

Using tax invoice or not, with profit margin or not

Export services – 0% or 6%

Director liabilities must undertaking letter by shareholder necessary in the case of tax

recovery by Customs

Panel decision to what extent it is binding

Transitional issues a revisit for completeness

Rental income and its related issues market value, transfer pricing, the necessity of agreement

Service industry when is the actual time of supply to issue tax invoice

Bad debts how bad is bad debts

Incentive scheme, cash rebate, cash discount, sponsorship – GST or no GST

Goods returned to supplier – debit note or must insist credit note

Copyright (C) 2015 Synergy TAS PLT.

PRICING

SYNERGY TAS PLT Suite 153, PG-15A, Ground Floor, Jaya 33No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor

(016) 302 6109 ; (016) 328 6312event@synergytas.com

Register online by using the following link : www.synergytas.com/budget2016

Want to attend the seminar at its lowest price ? Register in group of 3 or more participants in one registration to get additional discount.

HRDF claimable ** Subject to employer’s application to PSMB. As at time of publication of this brochure HRDF limit the amount claimable per participant to RM1,300 per day.

Choose the right rate for you.***

1 - 2 pax 3- 4 pax 5 & more

Enjoys RM 300 off as early bird discount when you register by 4 September 2015.

* * * * *

Register by 4 September 2015 RM 2,660 for two days

By registering three or more participants enjoy an additional RM 200 off from

early bird price .

Here’s how the math works : RM 2,960 - RM 300 early bird discount -RM 200 group registration discount

= RM 2,460.

This price is valid until 4 September 2015.

* * * * *

RM 2,460 for two days

By registering five or more participants enjoy an additional discount of RM 200 off .

Here’s how the math works : RM 2,960 - RM 300 early bird discount - RM 400 group registration discount

= RM 2,260.

This price is valid until 4 September 2015.

* * * * *

Register Register

***The fee shown is subject to 6% GST from 1.8.2015 onwards

Register

RM 2,260 for two days

Register after 4 September 2015 RM 2,960 for two days RM 2,760 for two days RM 2,560 for two days

EARLY BIRD DISCOUNT ?

Register early by 4 September to

entitle yourself to additional RM 300 off.

^^ By registering five or more, entitled yourself

to additional RM 400 off)

FROM 4 SEPTEMBER 2015 ONWARDS THE FULL FEE IS RM 2,960. WITH GROUP REGISTRATION DISCOUNT OF RM 200 AND RM 400 RESPECTIVELY STILL APPLICABLE FOR GROUP REGISTRATION

GET YOUR TAX PLANNING IDEA IS THE BEGINING POINTS OF GREAT BUSINESS TAX SAVING AND RISK MANAGEMENT.

IDEAS ARE THE BEGINING POINTS OF ALL FORTUNES.

See you on 28 & 29 OCTOBER 2015

VENUEThe seminar will be held in Ballroom, Level 5, The Gardens Hotel, Mid Valley City.

Within the vicinity of one of Kuala Lumpur’s most popular shopping mall, it is ideal for outstation participants to bring along family to spend a weekend in Mid Valley City followed by attending seminar on Monday.

Park in Zone B, Zone U or Premier parking zone which normally has adequate parking available or utilize the hotel valet option which is reasonably priced for all hotel guests.

Flat rate of RM 5 per entry with validation for parking in Zone B, U or Premier parking zone.

Copyright (C) 2015 Synergy TAS PLT.

BUDGET 2016 : INCOME TAX | RPGT | GST LATEST UPDATE AND TAX PLANNING

REF: 20150721TLL

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Email Please make payment to :"SYNERGY TAS PLT" ( CIMB : 800 707 1544 ) either through bank transfer or bank in cheque prior to the event.

Simple way to register

Just scan this form and email to register for seat/s. Thereafter upon payment, please scan and email the deposit slip to event@synergytas.com .

Online version of this form can be access vide this link :

www.synergytas.com/budget2016

Most important tax planning event of the year.

Live Event

Date 28 & 29 OCTOBER 2015

Time9.00 AM to 7.00 PM Daily

10 CPDper day

LocationTHE GARDENS, KUALA LUMPUR

1 - 2 Participant(s)

3 - 4 Participants

5 or More Participants

Fee based on number of registered participant.

Tick to indicate your category of fee.

*RM2,660 per participants for two days (After RM 300 early bird discount)

*RM 2,260 per participant for two days (After RM 300 early bird discount & RM 400 group discount per participant)

*RM 2,460 per participant for two days (After RM 300 early bird discount & RM 200 group discount per participant)

* Price quoted is valid unti 4 September 2015 & subject to 6% GST from 1.8.2015 onwards.

Terms and Conditions | Cancellation Policy: No refund will be made after payment is made. If the registered participant is unable to attend, a substitute delegate is allowed at no extra charge. However, should there be a request to change the name printed on the certificate of attendance to that other than that shown on the registration form, RM 100 extra will be charged as reprinting service charge. The organiser reserves the right to refuse service. The organiser reserve the right to change event date and venue, with notice being sent vide the email registered above. Information collected is in pursuant to the Personal Data Protection Act 2010. | HRDF Claimable : is subject to approval by HRDF. | You may not, without our prior written permission, frame or inline link any of the content of this brochure, or incorporate it into another website or other service any of our material, content or intellectual property. (c) Synergy TAS PLT 2015

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