Are you REALLY
Ready for GST?

The Malaysian Government has already announced in the Budget 2014 of the introduction of 6% Goods & Services Tax (GST) in Malaysia which will be effective on April 1, 2015. An important question that you need to ask yourself now, is your business GST ready?

Yap Shin Siang, Managing Partner of YYC & Co. - Chartered Accountant Since 1974, was invited to speak on GST Malaysia that will be introduced in 1st April 2015. In this interview, she explains and shares with Bernama Today how GST will affect businesses in Malaysia.

Here are 5 challenges your business will face if you are not GST ready:

  1. Heavy penalties and fines for non-compliance - regardless of the size of your company, the law imposes the same compliance obligations on GST once the registration threshold of RM500,000 of annual turnover is reached.

  2. Inadequate resources - without adequate knowledge on GST Malaysia, your existing team may not be able to efficiently handle the initial work such as upgrading the accounting and recording system as well as additional work to account for the tax, tracking of the input taxes paid, undertaking reconciliations and filings of GST returns.

  3. Your cash flow would be affected - Businesses needs to be aware on the potential cash flow implications of GST and may need to restructure their cash flow so as to prevent having cash flow problem once GST is implemented.

  4. Procurement - Experiences in other countries such as Australia, Singapore and Thailand have shown that customers generally go on a shopping spree shortly before the introduction of the tax, followed by a period of relative inactivity after the tax is introduced. If your business directly deals with consumers, it may be necessary to do some stock planning to cater for a pre-GST rush.

  5. To register or not - For some business that fall below the registration threshold, on the surface it may appear a good thing that the business is not subject to the compliance burden of the tax.

Fear not!! We can help... Come join our workshop and learn how to deal with the Malaysian Goods and Services Tax (GST) effectively.

Practical GST Concepts and Application Workshop

On 25 October 2013, our Prime Minister announced the implementation of GST at 6% starting from 1 April 2015. Businesses may have a broad idea of how GST works but many have not assessed the effects and implication of GST on their businesses. In order to meet the 1 April 2015 deadline business must get ready for GST now!

This workshop is designed to equip participants with the knowledge of the proposed Malaysian GST legislation. It is designed for practical application and easy learning in order to be prepared for GST implementation.


"The courses I attend to is very knowledgeable and useful for SMI and are able to assist our company to set our position when GST is in enforce."


Leo Chieng Poon Soon, L&N Jaya Sdn Bhd

"I was very impressed by the presentation made by Mr. Jacky Chan. Personally I feel that Jacky did a good job by making the talk very simple and yet had the message put through even though there are still tons of problems which we may not understand that well until we see them in front of us."


Betty Then, Kuching

"This workshop answered many of my doubts, such as problems on costing. Also gave us the opportunity to prepare beforehand, furnished me with the concepts and I am better prepared for GST."

替我解开了很多的疑团, 例如costing上的问题。 让我们有预先准备的机会, 让我有概念和对GST有更充分的准备。

Ms Chong, Construction

 "Today’s talk gave me further understanding on GST. The speech delivered by the speaker was very clear and vivid."

今天听了让我有进一步的了解。主讲人让我听得很明白, 讲解得很生动。

Ms Thiam, (NS Chai Motor Trading, Seremban)

 "On behalf of all my colleagues,thank you very much for the excellent sharing on gst.Such a complicated subject,but you manage to simplify it.We enjoyed your way of teaching with lots of practical examples."

Jeff Kong, DF Pharmacy, Kajang


Type of GST Workshop:

1. GST & Income Tax Development Workshop

2. GST Essential Workshop

3. GST Accounting for Beginner Workshop

1. GST & Income Tax Development Workshop

To be a professional GST practitioner, you need to master the GST and income tax treatments, furnishing details pertaining inward and outward supply of goods and services.

This workshop will provide the most comprehensive GST knowledge and income tax development information to assist you in producing your financial report with the highest accuracy.

Course outline :-

  • General GST Issue
  • GST registration
  • Employee benefits
  • Import
  • Export
  • Supply
  • Tax invoice and records keeping
  • Input tax credit
  • Valuation 
  • Transition rules

Date & Venue:

YYC Sri Petaling
13 February 2018 (English)

For more information:

YYC Johor
7 February 2018 (Mandarin)

For more information:

2. GST Essential Workshop

Since 1 April 2015, the Goods and Services Tax (GST) policy has been implemented with the purpose of improving tax management, capacity, efficiency and transparency. Now GST has become a key part of the accounting report, and any policy updates and changes cannot be ignored. If you have a little knowledge of GST, don't worry, it will be a GST Essential workshop for you.

Through this workshop, you will be able to fully understand the concept and implementation of GST, master its key knowledge and learn how to file a GST return steps by steps, where you can become a professional accounting person with the most cutting-edge GST knowledge.

Course outline :-

  • Understanding the concept of GST
  • GST Registration Guidelines
  • Scope of GST
  • Professional GST Documentation
  •  Efficient GST Return 
  • GST Purchase Tax Codes 
  • GST Supply Tax Codes 
  • Offences and Penalties

Date & Venue:

YYC Puchong
7 February 2018 (Mandarin)

For more information:

YYC Serdang
12 February 2018 (Mandarin)

For more information:

3. GST Accounting for Beginner Workshop

The GST (Goods and Services Tax) was implemented in 1 April 2015, and GST has become another important tax mechanism in the local accounting field. Each accountant must master the basic knowledge and the rules of calculation of GST.

GST involves a wide range and relatively new knowledge, especially for fresh people who have just been involved in the accounting world. We will sponsor an complimentary introductory course in GST accounting, and encourage graduates or junior employees who have just worked in the finance department to acquire basic knowledge for their needs in the field.

Course Outlines:

1. Scope of GST

2. GST Supply Tax Codes

3. GST Purchase Tax Codes

4. Mixed Supply

5. Apportionment

6. GST-03

7. GST Audit File

8. Customs Blue Ocean Strategy

Date & Venue:

YYC Sri Petaling
27 February 2018 (Mandarin)

For more information:

Course Fee

1. GST & Income Tax Development Workshop

RM 698 - per person (Price inclusive to 6% GST)

Special offer for Early Bird Registration
RM 498 per person (price inclusive to 6% GST)

2. GST Essential Workshop

RM 298 - per person (Price inclusive to 6% GST)

Special offer for Early Bird Registration
RM 199 per person (price inclusive to 6% GST)

3. GST Accounting for Beginner Workshop

RM 298 - per person (Price inclusive to 6% GST)

Special offer for Early Bird Registration
RM 199 per person (price inclusive to 6% GST)

Payment details

*Please make cheque payable to
“YYC GST Consultants Sdn Bhd”
Account Number PBB : 3186-91-8324

Program registration forms are enclosed. 
Please contact YYC Call Centre at :                                                          
Tel: 603 - 2142 6689 
Fax: 603 - 9226 0504, 
H/P: 019-368 6868 
or Contact us using the form below.

We look forward to welcoming you to the workshop.

Malaysia GST Workshop Detailed Information & Registration form

You can download the detailed information & registration form for this by clicking on the link below or right click and choose save as:

Form - YYC 1 Day GST Accounting Workshop