Individual tax compliance and consulting

individual-tax-compliance-consulting

Staying compliant, agile and connected

In a fierce talent market, talent attraction and retention are top of mind for every organisation. Remunerations, incentives and personal tax matters are complex—and missteps are costly. Whether you seek expertise in designing employee reward and equity policies or require tailored tax solutions for your workforce and leadership team, we work with you throughout the process, so you can stay compliant, uncover opportunities and avoid potential pitfalls. 

What this means for you

  • A dedicated team to support your tax compliance matters

  • Proactive support from a specialist team to anticipate and address your tax concerns

  • Access to our tax specialists who bring insights beyond tax reporting 

  • A right-sized technology platform that streamlines operations, enhances efficiency and delivers sustainable outcomes 

  • Maintain compliance and instilling confidence in your decision-making

How we can help you

Individual tax compliance and tax consulting

Meet the requirements of the self-assessment regime with confidence. We help you navigate the complexities of personal tax compliance matters to ensure you meet all obligations with ease. Our services include:

  • Preparing tax computations and filing annual tax returns

  • Managing tax clearance process

  • Assessing tax residence status and facilitating with the application of certificate of residence 

  • Applying for the 3% withholding tax refund

  • Advising on individual income tax matters related to permanent establishment

  • Preparing tax reconciliation calculations

  • Providing ad-hoc advisory on personal tax compliance matters

Tax advisory for share reward schemes

Equity-based compensation is now a strategic lever to reward and retain employees. We support you in the implementation of equity-based reward initiatives. Our services include:

  • Advising on tax implications associated with equity-based compensation plans

  • Conducting tax due diligence review of existing schemes 

  • Facilitating employee communication and engagement 

  • Managing enquiries from tax authorities 

  • Managing the submission process for equity-based compensation plans to tax authorities

Tax advisory for remuneration, retirement and termination package

We advise employers on the tax dimensions of remuneration, retirement and severance. We tailor our support to meet the needs of your organisation. Our services include: 

  • Reviewing remuneration, retirement and termination agreements to identify tax implications

  • Reviewing remuneration packages for senior management

  • Advising on employer and employee tax reporting obligations 

  • Obtaining tax clearances from tax authorities

  • Facilitating communication with employees to address matters related to tax

  • Managing enquiries from tax authorities

High net worth individuals (HNWI)

Managing tax affairs for HNWIs and families presents unique challenges. A disciplined reporting strategy is essential to grow your business and preserving your wealth. We work alongside you to design tailored solutions for you and your organisation. Our services include:

  • Reviewing and optimising the special purpose vehicles (SPVs) for your business and investment assets, ensuring alignment long-term objectives, such as trust, foundation and family office

  • Advising on the tax implications related to estates, trusts and gifts

  • Offering tax advisory on real property gains tax for family assets 

  • Advising on individuals relocating to Malaysia 

  • Identifying potential tax issues and providing tailored solutions to address them effectively

  • Managing cross-border tax obligations

  • Facilitating your cross-border and domestic tax reporting obligations

Enterprise and startups

Regardless of where you are in your business lifecycle, we take a holistic approach that keeps founders and businesses ahead of regulatory change. Using technology and innovative solutions to streamline processes and drive efficiency, we deliver high quality and timely tax returns. Our services include: 

  • Offering finance function support, including bookkeeping, preparing monthly or quarterly management report and liaising with auditors and tax agents 

  • Preparing tax computations and submitting annual tax returns

  • Managing payroll processes, including monthly employee payroll processing and annual payroll-related filings 

  • Providing support during tax audits or investigations by tax authorities

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Contact us

Kartina Abdul Latif

Kartina Abdul Latif

Workforce Leader, PwC Malaysia

Tel: +60 (3) 2173 0153

Michelle Chuo

Michelle Chuo

Director, Tax, PwC Malaysia

Tel: +60 (3) 2173 1289

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