TCC READY 360° - SME Tax Computation, TCC Compliance & MITRS Readiness
The key value of this programme is its end-to-end approach: participants do not stop at calculating tax. They learn how to trace the numbers into filing, payment, TCC readiness and MITRS documentation, and how to identify inconsistencies before they become compliance issues.
Description
This practical two-day programme is designed to help SME owners and management teams understand the complete business tax journey - from accounting profit, tax adjustments, allowable deductions and capital allowances through to tax payable, Borang B filing for individuals carrying on a business, TCC compliance and relevant MITRS requirements.
The programme is business-oriented and practice-driven, enabling participants to connect everyday business transactions with tax computation, tax filing, tax payment, supporting documentation and overall compliance readiness.
Rather than treating tax computation, TCC and MITRS as separate topics, the programme shows participants how these elements interact as one end-to-end compliance process. Participants will work through practical exercises, tax health checks, consistency reviews and corrective-action planning across both days.
The key value of this programme is its end-to-end approach: participants do not stop at calculating tax. They learn how to trace the numbers into filing, payment, TCC readiness and MITRS documentation, and how to identify inconsistencies before they become compliance issues.
Course Objectives
At the end of this 2−days program, participants will be able to:
- Explain the fundamentals of SME taxation and distinguish tax obligations according to different business structures.
- Prepare a basic tax computation from accounting profit through to chargeable income and tax payable.
- Distinguish allowable expenses, non-allowable expenses and capital expenditure based on the relevant tax principles.
- Understand the structure of Borang B for individuals carrying on a business and identify common filing errors.
- Conduct a TCC Tax Health Check and identify corrective actions for BNCP, tax arrears and payment issues.
- Identify MITRS requirements and perform consistency checks between Financial Statements, Tax Computation, BNCP and MITRS documents.
- Build a practical 90-Day SME Tax Compliance Action Plan.
Who Should Attend?
- SME Business Owners, Sole Proprietors, Enterprise Owners, Partners and Directors
- Finance Managers, Accountants, Accounts Executives, Finance Executives and Tax Executives
- Personnel responsible for MyTax, tax filing, TCC, MITRS, tender documentation or compliance documentation