New tax system a burden to specialists

LAST year, the Inland Revenue Board (IRB) shifted their random targets for investigation of tax under-reporting to three groups of professionals – doctors (specifically specialists in private practice), lawyers and artistes.

Unlike general practitioners (GP) whose clinics are located in commercial areas, most specialist doctors set up theirs in the hospital. Both register their business as Sendirian Berhad (private limited) and pay the required company taxes.