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Audit approach
Designing a tailored audit programme customised for your business, we will combine the collective skill and experience of assurance professionals around the world to deliver an audit that is efficient and provides assurance to your key stakeholders.
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Audit methodology
We have adopted Grant Thornton International's Horizon audit approach and Voyager software, a revolutionary paperless audit designed to achieve a consistent standard of audit service.
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MFRS
At Grant Thornton, our MFRS advisers can help you navigate the complexity of financial reporting.
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Our local experts
Our local experts
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Tax advisory & compliance
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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Corporate & individual tax
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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International tax & Global mobility services
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Indirect tax
Our indirect tax specialists help clients in effective planning; assist to bring clarity to the legislation; assist and advise in audits or investigations. It is important for all entities, whether or not required to register for Sales Tax or Service Tax to analyse the impact of the taxes on their business operations, their revenues and expenses, and their customers and suppliers.
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Tax audit & investigation
Tax audit and investigation
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Transfer pricing
Transfer pricing
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M&A, Restructuring & Forensics
Forensic
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Corporate finance
Whether you are raising capital, disposing of a business or seeking a wider market for your company's shares on a stock market, we are ready to help make it a successful and stress-free experience for you.
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Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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Recovery and reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
Tax Alert May 2018
16 May 2018GST will be zero-rated with effect from 1 June 2018
The repeal of GST is one of the election manifestos of the new Malaysian Government. Sales and Service Tax (SST) is mooted as the replacement. At this juncture, there is no indication as to when and how SST will be reintroduced.
On 16 May 2018, the Ministry of Finance (MoF) announced that the supply of goods and services in Malaysia will be subject to GST at 0% instead of 6% with effect from 1 June 2018. This change of tax rate applies also to GST levied on the importation of goods except for the supply of goods and services that are exempt under the Goods and Services Tax (Exempt Supply) Order 2014 and its related amendment orders.
Based on the information presently available, all other GST provisions will still be applicable. These include the issuance of tax invoices, submission of GST returns and claims of input tax credit and bad debt relief. Businesses are also required to ensure that the prices of the goods and services supplied are in compliance with the Price Control and Anti-Profiteering Act 2011.
In view of the change in the GST tax rate and the possible reintroduction of SST, we would like to bring to your attention to the following matters to consider in the meantime:
Contact us
Please do not hesitate to contact us should you wish to discuss any matters relating to GST or SST.