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.
ESG and Sustainability 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 24 December 2019
24 Dec 2019Welcome to Tax Alert, Grant Thornton Malaysia’s newsletter on the latest tax updates and information.
Updates on Service Tax
The Service Tax (Amendment) (No. 2) Regulations 2019 was gazetted recently on 23 December 2019. The main highlights of the amendment cover areas announced in the 2020 Budget and other new amendments, which will take effect from 1 January 2020.
Amendments announced in the 2020 Budget
Group relief facility
- Group relief for selected taxable services under the professional group be allowed even if the taxable service is also provided by a company to another person outside the group of companies, on the condition that the total value of taxable services provided to another person outside the group of companies in that month and the eleven months immediately succeeding that month does not exceed an amount of five per cent (5%) of the total value of taxable services.
Exemption on provision of training and coaching services for disabled person
- Provision of training services or coaching services to a person who holds a valid Kad OKU issued under the Persons with Disabilities Act 2008 [Act 685] by the following training centre or coaching centre shall not be a taxable service:
- registered with the Ministry of Health;
- registered with the Social Welfare Department; or
-recognised by any national association for persons with disabilities registered with the Registrar of Societies Malaysia.
New Amendments
Professional services under Group G
- The scope of the taxable information technology services is broadened to include distribution and resell of information technology services on behalf of any person.
- The following services provided by any person who operates online platform or market place will be taxable services:
- the provision of electronic medium that allows the suppliers to provide supplies to customers.
- the provision of digital services including transaction for provision of digital services on behalf of any person.
Other services under Group I
- The provision of taxable telecommunication services is expanded to include the provision of digital services.
- The provision of taxable advertising services is expanded to all types of advertising services including digital advertising services.
Also appears under...