Malaysia GST – Professional Services
The services industry generally does not supply goods and therefore, the main emphasis would be the time of supply, treatment of deposits/advances. As the services industry relies on employees to render services, it is therefore important to ensure that disbursements/ reimbursements are correctly identified and subject to GST. The Malaysia GST – Professional Services module approaches GST legislation from the industry’s perspective, by providing scenarios and examples that relates to the industry as well as applying the legislation to the industry practices.
Key Features & Benefits
- Specific Professional Services related issues on Main Industries: It includes topics relating to the Architecture, Engineering, Audit Firms and Legal professions and its GST implications
- Links to legislation: Malaysian GST Legislation is cited and linked to the Legislation product, which makes it easy for users to refer to the actual law.
- Actual Examples/Practices: Commentary includes actual practices, case studies and examples of the challenges faced by the industry
- Systematic flow for discussion: Issues/examples are discussed in a systematic manner – Issue at hand > Reference to relevant law/regulation/case law/guide > Application to the issue> Conclusion.
- Audit Firms
Taxand Malaysia Sdn Bhd