As a direct casual impact of the Covid-19 global pandemic, the use of technology has accelerated at an unprecedented scale and it is even clearer now that technology plays a vital role in our collective future. Businesses in the private and public sectors are finding creative ways to leverage on technological tools and solutions to change their operating models to drive revenue and generate new business opportunities as the economy recovers.
They are also upgrading their technology to cater for online business transactions, webinars, and user-interface to allow end-to-end seamless connectivity with their customers. Furthermore, many businesses have changed their operating strategies to be more centralised and to allow more flexibility by having remote working environments.
Long Yen Ping, Executive Director and Fong Chooi Lian, Director of Global Mobility Services at KPMG in Malaysia further shared employer's perspective on Malaysia's tax administration process that can be improved by considering areas such as timeline in submitting notification to the IRB, Online submission and others.
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– The Star Online: Simplifying the tax administration process