Also, it is our honor, and we feel very appreciative to have the opportunity to participate in the Virtual Tax Event with Deloitte Academy Kuching too, one of the big 4 accounting firms. In the event, the explanation of the concepts about the status of Malaysia residence, personal tax income problems due to the global COVID-19 pandemic, and tax relief and exemptions in Malaysia is explained clearly and solved our doubts. From the tax event, we also learned that the way of tax regulations can change often and very flexible due to the changing economic situation.

  

During the discussion of the talk, Ms. Chai has thoroughly discussed the implication of Covid-19 on Malaysian personal taxation. She commenced by providing an outline of Malaysian residency status. In general, an individual taxpayer's residence status is determined by the number of days spent physically present in Malaysia. For example, if a taxpayer stays in Malaysia for more than 90 days (about 3 months) or 182 days (about 6 months), they are considered Malaysian residence for that period. Hence, this gave us a better understanding of Malaysian taxation and the understanding of different countries has different residence status. Furthermore, Ms. Chai had also talked about the personal income tax issue that has arisen due to the COVID-19 pandemic. She outlined many situations that are important whereby taxpayers frequently inquired about how they should pay personal income tax if they are not in Malaysia due to travel restriction or if non-Malaysian residence that is currently working in Malaysia due to the travel restrictions as well. This part is an eye-opener because it accurately reflects the difficulties and concerns of many people. This shows that Taxation can be vary depending on the circumstances of the residents.