info@hba.com.my

Tax Compliance Services

Ensuring full compliance with Malaysian tax laws is a top priority for any business operating within the country. At Humanology Sdn Bhd, we bring unparalleled expertise to this complex field. Our team comprises veteran members and retirees from the Inland Revenue Board of Malaysia (LHDN), each with in-depth knowledge and hands-on experience in tax administration. Under the leadership of our Executive Chairman, Dato’ Sri Dr. Mohd Nizom Sairi, the former CEO of LHDN, we deliver tax compliance solutions designed to help businesses meet regulatory obligations while maintaining efficiency and reducing risk.

Why Choose Humanology Sdn Bhd for Tax Compliance?

Navigating Malaysia’s intricate tax regulations requires both technical know-how and a strategic approach to stay compliant with the Income Tax Act. Humanology’s team leverages technical “know-who” and “know-how” to keep you informed and compliant, avoiding common pitfalls and penalties. Our Tax Compliance services cover:

  1. Filing Accuracy and Timeliness
    Timely and accurate filing is the cornerstone of tax compliance, helping avoid penalties, interest charges, and potential legal action. Our experts ensure that your returns are meticulously prepared and filed on schedule, in alignment with the tax provisions, such as accurate income reporting, eligible deductions, and credits.
  2. Compliance with Withholding and Payment Regulations
    Malaysia’s tax laws mandate withholding taxes on certain payments to non-residents, such as royalties, interest, and services. We assist in fulfilling these obligations precisely, adhering to specific requirements outlined in the Act to prevent complications from under-deductions or incorrect remittance.
  3. Adherence to Record-Keeping Standards
    Effective tax management requires rigorous record-keeping practices. Under our guidance, your organization will establish compliant systems for record retention, which is essential for withstanding tax audits and ensuring data accuracy for tax returns. Humanology ensures your records comply with regulatory standards outlined in the Income Tax Act.
  4. Tax Compliance Monitoring and Reporting
    We regularly assess your tax position and compliance status, offering advisory support to align your operations with the latest tax laws and prevent non-compliance risks. Our team can review your internal processes to enhance the reliability of your tax compliance, from employment taxes to transfer pricing documentation.
  5. Risk Management and Proactive Tax Compliance Strategy
    At Humanology, we work with you to build a proactive tax compliance strategy. This approach includes periodic reviews of compliance requirements, managing tax risks, and preventing tax disputes before they arise. Our team’s experience with LHDN enables us to provide insight and advice on handling compliance-related risks efficiently.

 

When you partner with Humanology Sdn Bhd, you are supported by an experienced team with a unique perspective on Malaysia’s tax compliance requirements. We understand the regulations in-depth, as well as the operational impact of tax compliance on your business. Let us help you ensure a solid tax compliance foundation, so you can focus on growth with confidence in your compliance status.