Navigating the E-Invoice Evolution and Maximizing Opportunities with SVDP 2.0

In collaboration with the Inland Revenue Board of Malaysia (IRBM), we are presenting a comprehensive training course that delves into the latest updates in tax administration, directly impacting businesses and taxpayers. Join us to explore the following developments set to reshape your tax approaches in 2023 and beyond:

• Implementation of E-Invoice system; and
• Reintroduction of Special Voluntary Disclosure Program (SVDP) 2.0.

E-Invoice: Shaping the Future of Tax Administration

The Government is taking a giant step towards digitalization of the country's tax system by introducing the e-invoice system for all taxpayers with an ambitious targeted timeline of mandatory adoption for all businesses by January 2027, beginning from June 2024. 

Under the IRBM's MyInvois Portal, e-invoices must be validated by the IRBM. Find out the intricacies of real-time e-invoice validation. Learn how every e-invoice undergoes stringent IRBM scrutiny in ensuring accuracy before reaching your customers. Equip yourself with the knowledge to seamlessly transition into the new e-invoice system, ensuring your business remains ahead of the curve. 

SVDP 2.0: A Clean Slate for Tax Compliance with 0% penalty

The SVDP 2.0 is here again to offer you a unique opportunity. Taxes covered include income tax, real property gains tax, stamp duty, transfer pricing, sales tax and service tax. From 6 June 2023 to 31 May 2024, grasp the chance to rectify past tax discrepancies, from  unreported income to overclaimed expenses. 

The benefits provided by SVDP2.0 include attaining tax clearance without future audit concerns by the IRBM / Customs and wave goodbye to penalties that could dent your finances. Get well-versed in the mechanics of SVDP 2.0 and position your business for lasting benefits.

Learning Objectives

• To provide participants with a foundational understanding of Malaysia's e-invoice system, its scope and its implications for businesses and taxpayers.
• To recognize the potential accounting, IT and tax issues that businesses may encounter before and during the implementation of the e-invoice system.
• Develop an action plan for the implementation of the e-invoicing system.
• To understand the various features of SVDP 2.0 affecting different types of taxes.
• To learn to self-assess and self-evaluate the benefits of participating in SVDP 2.0.
   

• Individual rate : RM350nett / pax
• For 3-4 pax : RM300nett / pax
• For 5 pax and more : RM250nett / pax
  
   

Click here to register now >>>

Here’s why you should attend our Navigating the E-Invoice Evolution and Maximizing Opportunities with SVDP 2.0 on 14th September 2023:

• HRDC claimable –  participants who are HRDC contributors can claim the event fee directly from the HRDC.
• CPD hours – participants who have professional qualifications will be able to claim their CPD hours to the awarding bodies such as CTIM, MIA, etc.