Kuala Lumpur Payroll Outsourcing Company Offer SMEs Complete E-Filing Services

​Starting from March 2017, it is compulsory for employers which are companies to furnish the Form E to the LHDN on electronic medium or by way of electronic transmission, E-Filing, as required under the provision of subsection 83(1B) of the Income Tax Act (ITA) 1967.

Wilayah Persekutuan, Malaysia – May 23, 2017 /PressCable/ —

With effect from the Year of Remuneration 2016 starting from March 1 2017, it is compulsory for employers which are companies to furnish the Form E to the LHDN on an electronic medium or by way of electronic transmission, E-Filing, as required under the provision of subsection 83(1B) of the Income Tax Act (ITA) 1967. More and more state-implemented e-filing and e-payment mandates are driving companies to move to electronic tax filing. No doubt, the process of identifying legislative changes, modifying existing systems and the hassle to devote significant resources to administer payroll reporting operations are becoming increasingly burdensome for in-house payroll departments. Significantly, failure to comply within the stipulated filing time are subjected to penalties ranging up to RM20,000 or to imprisonment for a term not exceeding 6 months or both. In fact, the cost and ability to keep up with evolving government statutory requirements are key considerations here.

For this reason, MCSB Payroll Outsourcing Software offer E-filing services which helps employers of companies to file their income tax submissions electronically. MCSB Payroll Outsourcing Software is equipped with a variety of tools and services aim to help companies process and to pay the right amount of tax. In fact, MCSB Payroll Outsourcing Software is complied with LHDN tax law and regulations. It works to ensure that all the computations and returns are completed correctly and E-filed within the stipulated deadline. Having said that, MCSB Payroll Outsourcing Software help companies through the complicated filing process with ease by providing all forms needed such as Form C.P.8D, Form EA for LHDN submissions

On this subject, Vice President Mike Ong said “It is imperative for us as an organization to keep abreast with the current trends as we now live in an electronic world. When you do not hop on the technology bandwagon, you will find yourself losing out to your competitors and even alienating your target market”. Today, MCSB have ensured that they are well positioned to deliver an efficient and streamlined process and services. Moving forward, MCSB will expand their practice to serve more SMEs aims to drive efficiency and growth in their business. To take full advantage of MCSB Payroll Outsourcing Software services, visit the website at www.mcsb.com/payroll-outsourcing/ for full details.

Contact Info:
Name: MCSB
Email: laxmi@mcsb.com
Organization: MCSB Systems Malaysia
Address: Unit A2-03-05, Solaris Dutamas, No. 1, Jalan Dutamas,, Wilayah Persekutuan, Kuala Lumpur 50480, Malaysia
Phone: +60-3-6209-3555

For more information, please visit http://www.mcsb.com

Source: PressCable

Release ID: 202009