Solutions / Taxation Services
Professional Tax Advisory & Compliance
Accurate, neat and efficient:
- Precise preparation of tax computation, schedules, and filing of corporate tax return - Form C
- Preparation and filing of tax estimate - CP204
- Receive phone reviews and tax advice from qualified Tax Agents
- Timely reminders and assistance to keep you ahead of filing deadlines
Off-Load Hours of Work
Trust us to meticulously organize your files, complete, and submit your tax returns.
Up-to-date Compliance
We'll alert you to tax regulation changes and make adapting simple.
Lower Tax Risks & Costs
Optimise complex financial setups with tailored tax strategies that keep your taxes efficient and compliant.
You're in Good Hands With Our Certified Professionals
Altomate Tax Team are licensed members of
Easy compliance with
Altomate Offers
Corporate Income Tax Compliance
Form C
Precise preparation of tax computation, schedules, and filing of corporate tax return Form C.
Form CP204
Preparation and filing of tax estimate.
Deadline Monitoring
Timely reminders and assistance to keep you ahead of filing deadlines.
Tax Newsletter Updates
Stay informed of regulatory changes in the tax landscape.
Corporate Income Tax Advisory
Phone Reviews
Phone reviews on final tax computation and tax submission.
Advice on Tax Optimisation
Receive tailored strategies by qualified Tax Agents.
Get 10% Off Bookkeeping & Payroll Services with Our Tax Compliance Service
Easily add Altomate’s bookkeeping and payroll services as your business grows.
Our Partners
Why Businesses Love Altomate:
The Incredible Altomate Team
We strive to offer friendly and reliable professional services.
With more than 10 years experience providing corporate services and 500+ satisfied customers, we know what is important: results and relationships.
We put in the effort to understand our clients so we can provide the quality service they need. Whether you are a Startup, SME or MNC, you are a valuable partner to us.
Altomate Tax Team are licensed members of
Granted Stasuses
Don't just take our word for it!
Flexible Plans for Any Business Size
Core
Corporate Income Tax Compliance
RM 2,000/mo
subject to 8% SST
What is included:
- Form C - Preparation of tax computation, schedules, and filing of corporate tax return
- CP204 - Preparation and filing of tax estimate
- Tax newsletter updates
Value
Corporate Income Tax Compliance + Tax advisory
RM 2,800/yr
subject to 8% SST
What is included:
- Everything in Core
- Phone reviews on final tax computation and tax submission
- Tax support and advice
Request Additional Services Anytime
If the services you require are not listed, please contact us directly using the form below.
Tax Residency Certificate
RM 500
subject to 8% SST
Application for Excess Tax Refund, Time Extension, Etc.
RM 200
subject to 8% SST
Preparation and Submission of Withholding of Tax
RM 180
subject to 8% SST
Taking a Break?
Switch to our dormant plan for peace of mind.
Dormant Tax Compliance Plan
Suitable for dormant businesses.
RM 1,200/yr
billed annually,
subject to 8% SST
Find Out if Altomate Is Right for You
Fill out the contact the form to schedule a free 15-minute consultation call.
Frequently Asked Questions
For Value package, our professional tax team will review the tax computation with you before final tax submission and brief you the relevant latest tax requirements and implication to your business. Included in Value package, our professional tax team stands by to provide general tax support and advice as and when you need during the year.
MyTax (e-daftar)
Registration for income tax file number by uploading of documents through online as follow:
(a) Individuals, Companies, Employers, Partnership and Limited Liability Partnership through:
Form
Deadline for submission of return forms is stated in the 2021 Return Form Filing Programmed.
https://phl.hasil.gov.my/pdf/pdfam/ProgramMemfailBN_2021_Pin.4_2.pdf
Company is required to determine and submit in prescribed Form CP204 an estimate of its tax payable for a year assessment, 30 days before beginning of basis period.
(a) Non-SME company (new) must submit CP204 within 3 months once started business.
(b) Tax estimation must be at least 85% from previous year’s estimate.
(c) SME is not required to submit CP204 within the first 2 years of assessment.
Revision is only allowed in the 6th or 9th month of the basis period of the business and must be submitted via e-CP204A.
To notify IRB regarding changes in accounting period through the prescribed Form CP204B and must be submitted to the IRB no later than:
(a) 30 days before the end of the new accounting period if the new accounts are less than 12 months and close before the end of original accounting period.
(b) 30 days before the end of the original accounting period if the new accounts are more than 12 months and close after the end of original accounting period.
Dormant companies are required to furnish Form E. Dormant mean:
(a) Never commence operation since the date it was operation or established
(b) Had previously in operation or carried on business but has now ceased operation or business.
Application must be written to the IRB branch which handle the tax file together with CP7 and supporting documents to apply SPC (Surat Penyelesaian Cukai/tax clearance).
Withholding tax is an amount withheld by the party making payment (payer) on income earned by a non-resident (payee) and paid to the Inland Revenue Board of Malaysia.
Payment subject to Withholding Tax with different rate as per below:
(a) Interest
(b) Royalty
(c) Public entertainer
(d) Special classes of income
(e) Contract payment
(f) Gain under section 4(f)
https://www.hasil.gov.my/bt_goindex.php?bt_kump=2&bt_skum=6&bt_posi=1&bt_unit=5&bt_sequ=1&bt_lgv=2
Tax Rate
(a) Personal income tax rate is applicable to resident individual following chargeable income as per below schedule:
https://www.hasil.gov.my/bt_goindex.php?bt_kump=5&bt_skum=1&bt_posi=2&bt_unit=5000&bt_sequ=11
(b) Non-resident individual (who was in Malaysia for less than 182 days) is taxed at a flat rate of 30% on total taxable income.
Resident companies:
(a) With paid up capital of RM2.5 million or less, and gross income from business of not more than RM50 million.
Tax rate on the first RM600,000 is 17% and in excess of RM600,000 is 24%.
Non-resident companies:
(a) Tax rate 24
Payment
Payment can be made online at IRB website by using credit or debit card at ByrHasil portal:
https://byrhasil.hasil.gov.my/
Penalty
RM200 to RM20,000 or imprisonment for a term not exceeding 6 months or both under section 112(1) ITA 1967.
A late payment penalty of 10% will be imposed on the balance of tax installment not paid for the month.
10% on the difference in actual tax balance and estimated tax made.
10% will be imposed after the deadline on submission IRF.
Yes. Taxpayer must submit the application for appeal on tax penalty for the following case:
(a) Unpaid penalties
(b) Penalties that have been imposed and subject to installment schedule.
No. Payers who fail to pay withholding tax within 30 days after the date of payment made to non-resident, 10% penalties will be imposed.
(a) 10% penalty for unpaid withholding tax and total sum shall be debt due to Government.
(b) Disallowed expenses deduction on the ‘gross amount’ until both of withholding tax and penalty is settle.
