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Event: 'Seminar: Self Assessment and Taxation of Legal Firms'

Seminars & Talks
Date: Tuesday, June 23, 2009 At 04:00 PM
Contact Info:
Email:

As members would be aware from Bar Council Circular 226/2008 dated 3 September 2008, the Revenue have taken the position
that, with effect from Year of Assessment ("Y/A") 2008 and subsequent Y/As, income of partners and sole proprietors of legal firms
will be taxed on an accrual basis instead of on a receipts basis. Y/A 2008 is a transition year and the tax returns are to be filed, and the
tax (or balance of tax payable) for Y/A 2008 is to be paid, by the end of June 2009 by affected members. However, generally speaking
as members would note from the recent Bar Council Circular 162/2009 dated 12 June 2009, the Revenue have given some
concessions to affected members for the balance of tax payable for Y/A 2008 to be spread out in equal monthly instalments until
December 2009. Additionally, the CP500 bi-monthly instalments for Y/A 2010 can also be adjusted upon application by affected
members. These and other related issues will be addressed during this seminar.


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  • 2012 Bar Council Subscription
    Click the link above to download Circular 072/2012 pertaining to the 2012 Bar Council subscription, including the payment guide and a set of Frequently-Asked-Questions.
  • 2012 Sijil Annual Application Form
    Click the link above to download the 2012 Sijil Annual and Practising Certificate Application Forms.
  • Having difficulty in finding a lawyer?
    Need to find a lawyer to represent you? Just click on the link for the law firms' advertisements.
  • 2012 Hotel Corporate Rates
    Attending seminars? Going for a holiday? Click on the link above to check out the list of hotel corporate rates for Members of the Bar, which is updated regularly.
  • Bar Council Bookshop
    Read MORE … but pay LE$$! Members enjoy a 20% discount on LexisNexis publications at the Bar Council Bookshop. Click on the link above for the list of available titles.
International Malaysia Law Conference (26 to 28 Sept 2012)
Hurry up! The countdown continues and the current promotion rate ends 30 June 2012. Don't miss what is going to be the best conference in the region! On top of that, if you sign up with 5 or more people from the same organisation, we will give you a 10% group discount. Click on the link above to register.
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