6 lessons

Moderate

This comprehensive online module is designed for dental professionals looking to enhance their expertise in tax management and optimisation. The course provides an in-depth exploration of all aspects of taxation relevant to dentists, including income categorisation, allowable deductions, tax planning strategies, and the legal framework surrounding dental practice taxation.

Key Features:
🔥 4 Hours Total Course
🔥 5 Modules
🔥 6 Months Access
🔥 Pure secrets and no BS
🔥 Group Chat Support (Up until 16th July 2024)
🔥 Hands On Form B or BE fill up
🔥 *UNLOCK* Premium Tax Cheat Sheet Template, For Independent Contractor, Employee and Business Owners

Suitable for

𝐌𝐨𝐝𝐮𝐥𝐞 𝟏 - 𝐅𝐨𝐫𝐦 𝐁 𝐨𝐫 𝐅𝐨𝐫𝐦 𝐁𝐄?
👉🏻 Threshold to file Form BE or Form B?
👉🏻 Penalty if submit tax return out of time
👉🏻 Identify my sources of Income
👉🏻 What if I have multiple sources of income
👉🏻 Employee vs Independent Contractor
👉🏻 The Control test - What is the test?
👉🏻 Contract for Service vs Contract of Service
👉🏻 s.4(a), s.4(b) & s.4(f) - the difference between business income, employment income, and other income
👉🏻 Criteria of a Business income
👉🏻 How can dentists recognize their income as business income
👉🏻 What is the substantial test to opt for Form B?
👉🏻 What is the statutory business income for professionals?
👉🏻 Benefit of employment income & business income
👉🏻 Tax Relief - what to claim (Dentist context)
👉🏻 Cosmetic Dental Treatment: is it claimable as tax relief for patients?

𝐌𝐨𝐝𝐮𝐥𝐞 𝟐 - 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐢𝐧𝐠 𝐅𝐨𝐫𝐦 𝐁
👉🏻 What consists of a Form B?
👉🏻 Type of deduction - allowable expenses, double deduction, and special deduction
👉🏻 Capital Allowance vs Small Value
Asset for dental & dentist - How to maximize the claim for CAPEX/CA vs Small Value Assets?
👉🏻 Advantage of Form BE & Form B?
👉🏻 How to deduct business expenses? 👉🏻 What can and cannot be deducted?
👉🏻 Business deduction - entertainment, rental, salary, commission, bad debt, traveling, repair and maintenance, advertising fee

𝐌𝐨𝐝𝐮𝐥𝐞 𝟑 - 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐂𝐚𝐬𝐞 𝐒𝐭𝐮𝐝𝐢𝐞𝐬
👉🏻 Practical case studies on how Mr. July managed to have tax savings of RM13,000 after converting to file Form B instead of Form BE
👉🏻 How to fill up Form BE?
👉🏻 How to fill up Form B?
👉🏻 What is aggregate income & statutory income?
👉🏻 How to claim Capital Allowance?
👉🏻 What is initial and annual allowance?

𝐌𝐨𝐝𝐮𝐥𝐞 𝟒 - 𝐂𝐚𝐬𝐞 𝐒𝐭𝐮𝐝𝐢𝐞𝐬 𝐚𝐧𝐝 𝐋𝐞𝐠𝐚𝐥 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬
👉🏻 Case studies on expenditure deductible for dentist
👉🏻 Case studies on expenditure deductible for dentist
👉🏻 Case Law: Can dentists (Independent Contractors) form a Sdn Bhd to reduce their tax payable?
👉🏻 Case Law 1: Can dentists (Independent Contractors) form a Sdn Bhd to reduce their tax payable?
👉🏻 Case Law 2: How a Specialist (Medical) runs his own Sdn Bhd and yet being taxed on personal taxes

𝐌𝐨𝐝𝐮𝐥𝐞 𝟓 - 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐓𝐨𝐩𝐢𝐜𝐬 𝐚𝐧𝐝 𝐐&𝐀
👉🏻 Tax Appeal
👉🏻 What is CP500?
👉🏻 How to file for revision of CP500?
👉🏻 What is Form Q and Form N?
👉🏻 Preparation of Capital Statement
👉🏻 What if I don’t file tax return on time? 👉🏻 Government of Malaysia v Jho Low (2023)