Designed with our clients in mind, our audit and assurance services focus on critical areas and risks that matter most to your business. The ability to manage...
-
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.
-
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.
-
MFRS
At Grant Thornton, our MFRS advisers can help you navigate the complexity of financial reporting.
-
Our local experts
Our local experts
At Grant Thornton, tax is a key part of our organisation and our tax teams can offer you a range of solutions.
-
Tax advisory & compliance
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
-
Corporate & individual tax
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
-
International tax & Global mobility services
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
-
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.
-
Tax audit & investigation
Tax audit and investigation
-
Transfer pricing
Transfer pricing
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
-
M&A, Restructuring & Forensics
Forensic
-
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.
-
Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
-
Recovery and reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
Sustainability and Climate Change Services
Japan Desk in Grant Thornton Malaysia was established in October 2013 to serve as bridge between Malaysia and Japan.
Our expertise in the property industry in ASEAN
Support clients in identifying strategic business or investment partners in China or other region
Our expertise in the retail industry in ASEAN
Our expertise in the technology industry in ASEAN
Tax
Tax Alert 17 January 2020
17 Jan 2020Welcome to Tax Alert, Grant Thornton Malaysia’s newsletter on the latest tax updates and information.
The Royal Malaysian Customs Department has recently released six Service Tax Policies setting out the amendments and approaches in relation to service tax matters with effect from 1 January 2020. The following are among others announced in the Service Tax Policies:
- Expansion of existing taxable services & new taxable services
- Information technology services now include the distribution or resell of information technology services on behalf of any person.
- Telecommunication services now include the provision of digital services.
- Advertising services now include digital advertising services.
- Online platforms or market places providing:
- electronic medium that allows the suppliers to provide supplies to customers, and
- digital services including provision of digital services on behalf of any person,
are now taxable services.
- Registration requirements are provided for those currently registered for service tax as well as those not registered.
- Service tax registrants providing the following categories of services are exempted from self-recipient accounting for service tax for the same type of imported taxable services acquired:
- legal
- legal Islamic matters
- accounting
- surveying
- engineering
- architectural
- consultancy
- information technology
- management
- electronic medium/digital services
- advertising
- A local service tax registrant who has paid service tax on digital services to foreign service providers is allowed to claim a refund. The refund is to be claimed via an offsetting method (to be made in the SST-02 form) based on the actual amount paid to the foreign registered persons.
- Local and foreign service providers who provide online distance learning services which qualify as digital services are not subject to service tax.
- Local and foreign service providers who provide online newspapers, online journals and periodicals which are digital services are not subject to service tax.
- Training or coaching services provided by registered/recognised training or coaching centres to a person who holds a valid Kad OKU are not subject to service tax.
* Conditions may be applicable
Also appears under...