Taxation Course 2023: Module 3 – Capital Allowance and Reinvestment Allowance (In Collaboration with MAICSA)

COURSE OUTLINE

• Overview of capital allowances

• Key definitions for capital allowance claims

• Rates of capital allowances including initial allowance, annual allowance and notional allowance

• Treatment of hire purchased assets

• Treatment of small value assets

• Assets used for less than two (2) years

• Assets held for sale

• Accelerated capital allowance

• Industrial Building Allowance

• Treatment on controlled transfers

• Treatment on unabsorbed capital allowances

• Reinvestment allowance

PROFILE(s)

Chong Mun Yew is the Executive Director of Tax at Crowe KL Tax Sdn Bhd. He has over 20 years of tax experience. He specialises in taxation covering areas such as domestic taxes, corporate restructuring, initial public offerings, mergers and acquisitions, employees share option scheme, expatriate tax, international tax, and Sales and Service Tax. He is a member and Council Member of CTIM, a member of ACCA, MICPA and a practicing member of the MIA.

Michael Cheah Liat Sheng is a Senior Manager of Crowe KL Tax Sdn Bhd in Malaysia. He has worked in the tax industry for more than ten (10) years and has experience in tax compliance and tax advisory including individual / corporate tax matters, international tax, corporate restructuring, tax due diligence exercises, tax incentives, Real Property Gains Tax, stamp duty and others. He has advised on domestic taxes, tax incentives, corporate restructuring, initial public offerings, mergers and acquisition, international tax, etc.