Accounting, bookkeeping and auditing activities; tax consultancy

ItemLevel 5Use for SSM Registration

SST & Withholding Tax

SST 8%

Taxable Service (Group G — Professionals): Likely subject to 8% Service Tax if annual revenue exceeds RM500,000.

e-Invoice Required

WHT Applicable

WHT Risk: Professional or technical fees paid to non-residents subject to WHT under S109B ITA 1967.

Risk Level

Medium Risk

Accounting, bookkeeping and auditing activities; tax consultancy

Includes

activities involving the recording of commercial transactions from businesses or others, the preparation or auditing of financial accounts, the examination of accounts and the certification of their accuracy and the preparation of personal and business income tax returns. Included are related advisory activities and representation (other than legal representation) on behalf of clients before tax authorities

Excludes

data-processing and tabulation activities, see item 63112. management consultancy such as design of accounting systems, cost accounting programs, budgetary control procedures, see item 70209. bill collection, see 82910