Headline :NSTP tax workshop proves useful

NEW SUNDAY TIMES

Date :27/03/2005
Page :25
Byline : By R.S. Kamini
Type : News

KUALA LUMPUR, Sat. - Some 130 people who wanted to get it right the first time came to Balai Berita today to learn how to fill up their income tax forms.
They attended a special workshop on how to submit their income tax returns in the new "Form BE".
The workshop is the first of a series, jointly organised by The New Straits Times Press (M) Bhd and the Malaysian Institute of Taxation in collaboration with the Inland Revenue Board (IRB), being held nationwide to help Malaysians, for the first time, self-assess their income.
IRB assistant director of public relations Ravi Chandran said self-assessment provided an opportunity for taxpayers to estimate and pay their own tax liability .
"Since the system is here to stay, it is important for the public to know and understand every detail," he said.
The workshop teaches what every section of the B/BE form (for individuals with or without business income) means while providing guidance on how to calculate the taxable income.
An information counter was also set up at Balai Berita for checking and form submission.
Yeap Chin Aik, 29, said it was daunting when they introduced the self-assessment initially but felt that it was important to know how to estimate one's tax liability.
"We can't run away from paying taxes, so we might as well comply with it," said Yeap.
Irdawati Mohamad, 29, said self-assessment was much simpler since there was no need to attach any sort of documentation.
The workshop, limited to 200 participants per session, will be held in Penang, Johor Baru, Kuantan, Kota Kinabalu and Kuching between April 2 and April 24.
Registration through the post can be made together with bank drafts or postal orders payable to The New Straits Times Press (M) Bhd and mailed to Corporate Communications Department, Balai Berita, 31, Jalan Riong, 59100 Kuala Lumpur.
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