Preparation of Form EA is an important task that every employer in Malaysia should fulfill every year. The Form EA is a statement of remuneration paid to employees during the year, and it must be submitted to the Inland Revenue Board (IRB) before the deadline. The deadline for submission is on the last day of February each year.
The Form EA contains important information, such as the employee’s name, identification number, gross income, and tax deducted. This information is used by the IRB to calculate the employee’s tax liability for the year. It is important to ensure that the Form EA is accurate and complete to avoid any penalties or fines from the IRB.
As an accounting firm, we can assist our clients in the preparation of Form EA. We will gather all the necessary information from our clients, including the employee’s personal details, income information, and tax deductions. We will ensure that the information provided is accurate and complete to avoid any errors or omissions that may result in penalties or fines.
Our team of experienced accountants will also ensure that the Form EA is submitted to the IRB before the deadline. We will keep our clients informed of any updates or changes to the regulations or deadlines, so they can focus on running their business without worrying about compliance issues.
By outsourcing the preparation of Form EA to us, our clients can save time and effort, and ensure that their tax compliance obligations are fulfilled on time. This will allow them to focus on growing their business and achieving their business goals, while we take care of their accounting and tax compliance needs.