RHE - Meeting Summary on 10 June 2024

1. Michelle and Lisa will handle e-invoicing and accounting services.
2. Rozita will be responsible for EPF, SOCSO, and EIS.
3. RHE is excluded from Digital Tax as it only applies to digital services provided by a foreign registered person (FRP) to consumers in Malaysia.
4. The salesperson and the accountant should monitor the Service Tax. The threshold for this tax is a revenue of RM500,000, after which the LLP is required to register for a Service Tax License.
5. Hanno to improve on the LLP Agreement.

6. Hanno is asking about the differences between a Partnership, LLP, and Sdn Bhd.


7. The Form CP55 for the appointment of a tax agent has been signed.
8. The draft Form PT for YA 2021, 2022, and 2023 has been signed and is ready for filing.

YA 2021	No Tax
YA 2022	RM5,038.96
YA 2023	No Tax, Losses c/f RM37,229

9. The Form E for the year 2023 was submitted on 31 May 2024.
10. Since the submission deadline for YA 2024 has already passed (due date was on 30 November 2023), the estimation will submit a zero amount.
11. We will skip the first revision of the tax estimate for YA 2024, due in June 2024. Instead, we will revise on the second revision, scheduled for September 2024, the ninth month of the financial year.

Reference