Services By Qualified and Approved Tax Agent
The Inland Revenue Board (IRB) has issued a media release in mid-2015 advising taxpayers to seek the services of qualified and approved tax agents under Section 153(3) of the Income Tax Act 1967 to manage their tax matters.
It is because services provided by unlicensed tax agents could lead to inaccurate or unclear tax advice including preparation of the income tax return form which does not comply with the tax law.
In addition, unlicensed tax agents are not eligible to represent taxpayers in audits conducted by the IRB.
Taxpayers can check the list of approved tax agents and validity of their approvals by the Minister of Finance at the IRB’s website.
When it comes to your tax return, managing your super, and having up-to-the-minute information and forecasts about your business, making use of a professional accounting service can be extremely beneficial. In Malaysia, the accounting profession is regulated by the Accountants Act 1967. The Act requires persons holding themselves out as, or practising as an accountant to be registered as a member of the Malaysian Institute of Accountants (MIA).
On 23 January 2015, 3E Accounting is certified as an accounting firm that registered with MIA (Member Firm No. NF 1352). The certification proves that 3E Accounting is a qualified accounting firm that could provide the highest standard of professional advice to your business.
On October 2016, 3E Accounting is received the recognition as a Goods and Services Tax (“GST”) Agent licensed by the Ministry of Finance.
What’s more, in 3E Accounting, our tax director, Lois Tang possesses the full tax license and is an approved tax agent licensed by the Ministry of Finance. His professional knowledge in tax accounting has ensured the professional service of our team is always above par.
Please ensure that you seek proper tax advice with the relevant qualified professionals who, like us, possess a valid tax agent licence and the relevant practising certificates. Please don’t be hesitating to contact us today for any tax accounting services.