TRAINING OBJECTIVES
- Equip participants with essential knowledge to navigate HR tax implications and compliance requirements.
- Guide HR professionals on calculating PCB, managing tax-exempt allowances, and handling employee benefits.
- Provide strategic insights to optimize employee tax benefits while maintaining compliance.
TRAINING OUTCOME
By the end of this training, participants will be able to:
- Determine correct tax treatments based on staff resident status and tax-exempt income
- Accurately apply PCB calculations, handle perquisites, Benefit in Kind (BIK), and taxexempt allowances
- Effectively use forms TP1, TP3, and CP22 for HR tax operations
- Ensure HR tax compliance and avoid penalties from incorrect declarations
WHO SHOULD ATTEND
Payroll specialist, Finance Manager, HR Managers, Executives
METHODOLOGY
Remote online learning – interactive lectures, exercises, discussions and feedback sessions.
PRE-REQUISITE
- Good Internet / wifi connectivity
- PC / Laptop with good audio/visual
Virtual platform – ZOOM
COURSE CONTENT
Module 1: Resident Status of Staff
Module 2: Understanding Perquisites
Module 3: What is Benefit in Kind (BIK)
Module 4: Tax-Exempt Income
Module 5: Benefits Not Entitled by Directors with Shareholding
Module 6: Forms TP1 and TP3
Module 7: Using the PCB Calculator
Module 8: Tax Reliefs to Reduce Tax Payable
Module 9: Tax Clearance for Staff (Form CP22)
Module 10: HR Responsibilities During Staff Onboarding
Module 11: Implications of Incorrect PCB Declaration
CERTIFICATE OF PARTICIPATION
