...in income tax rates and policies concerning individuals and sole proprietor businesses that were proposed in the Budget 2014. The three significant changes in tax policies are listed below. Review of Individual Income Tax In consideration of the implementation of the Goods and Services Tax (GST) which takes effect on 1stApril 2015, the government had proposed several changes to reduce individual income tax rates with effect from Year of Assessment (YA) 2015. The proposed changes are: I. Income tax rates for resident individuals is to be reduced by 1% to 3% II. Income tax rates for non-resident individuals is to be reduced by 1% from 26% to 25% III. Current maximum tax rate at 26% to be reduced to 24% IV. Two new chargeable income bands be added above the existing highest income band exceeding RM 100,000, with RM100, 001-RM250, 000 as the second highest band and RM250, 001-RM400, 000 as the highest band. V. Chargeable income subjected to the maximum rate will be increased from exceeding RM100,000 to RM400,000. Such proposed changes will bring about savings across the band for all taxpayers and so increase the disposable income for all individuals. This measure is necessary as the implementation of GST will increase the cost of living which will impact the lower income bracket the most. The proposed change will bring about a more progressive tax structure as families with a monthly income of RM4, 000 will no longer have a tax liability. Also, this will...
Words: 3421 - Pages: 14
...Enterprises towards Implementation of GST in Kuala Lumpur and Johor Bahru CHAPTER ONE – INTRODUCTION 1.1 Background of the Study The production of a good or service, in general, goes through several stages before the final product or service reaches the consumer. To illustrate, if the production and distribution process is divided into three basic stages of manufacturing, wholesaling and retailing, value is added at each stage through further processing, packing or other improvements before it reaches the consumer via the retailer. The GST is a tax on the value added to the output or service at each stage of the process. In its generic form, the GST is a value-added tax (VAT). These terms are used interchangeably in this note. A multi-stage tax like the GST protects tax collections through two built-in features. First, the multi-point collection and invoice trail minimizes tax avoidance and tax evasion. This is because the need to issue and obtain invoices to claim tax deductions for taxes imbedded in inputs from a previous stage of the production chain fosters greater compliance. Second, the GST is better able to protect revenue from tax evasion by retailers as compared to a single-stage sales tax imposed solely at the retail sales tax (RST). This feature, however, comes with greater administrative and compliance costs. 1.2 Problem Statement The introduction of GST in Malaysia has...
Words: 5991 - Pages: 24
...EPGB6122 Title: “Public Readiness in GST Implementation 2015 - In case of Kuala Lumpur, Malaysia” Prepared by: Noorul ‘Aini Hanifa binti Su’aidi EGC140004 Masters in Public Administration Semester 2014/2015 Public Readiness in GST Implementation 2015 - In Case of Kuala Lumpur, Malaysia 1. Background Taxation is one of the important elements in managing national income, especially in developed countries and has played an important role in civilized societies since their birth thousands years ago (Lymer and Oats, 2009). The introduction of Goods and Service Tax (GST) was first announced in Malaysia Budget 2005, and then projected to be implement in January 2007. In February 2006, government has announced that the implementation would be postponed to a later date. In 2010, it was when Government finalizing the study of the implementation of GST and identifying the social impact of GST on the public and inviting many discussions among expert and GST proponents publicly. The uncertainty on GST implementation cast many doubts as to whether Malaysia needed the GST regime, and if so, what could be the public benefits to the public from this exercise. The government had putting a great effort in promoting the implementation of GST, however an attention to educate the public of GST understanding should be in place as well. Hence, GST is not a new exercise of tax; with more than 140 countries worldwide having had implemented GST, and this is includesd many developed...
Words: 2638 - Pages: 11
...According to William and David (2010), bureaucracy agents or civil servant is responsible to carry out the policies and regulation that has been decided by the government. The bureaucracy involves a large of amount of activities such as monitoring the behaviour of the person and the organizations to purchase all requirement or the needs of the government as well as the people, security, rules and regulation, education and more. Basically, the policies and the regulation existed in the organization will act as a tool to meet the government’s objective and the bureaucrats are allowed to transform those policies into specific programs. For example, according to Majlis Perbandaran Ampang Jaya (MPAJ, 2013), the city council is allowed to regulate by laws under the jurisdiction of local authorities. MPAJ is allowed to make, amend or revoke the by-laws based on the interest items to the administration of the local authorities. From that, MPAJ is given the ultimate authority in identifying the rates of tax and fees in accordance with the Local Government Act. According to Shawn (2003), as an agent of a bureaucrat, it is important to have a sufficient knowledge in terms of many matters regarding ideology of change, evaluation, conceptual and more. Due to that, it is important for the bureaucrats to be fully understood of the meaning of the goals and objectives of the rules or the policy, exactly right from the objectives of the policies and the policy makers. For example, “Dasar Pandang...
Words: 759 - Pages: 4
...CENTRAL INSURANCE CANADA Financial services case studies Submitted to: Umar Submitted on: 13/03/2014 Submitted by: Vignesh Kumar Key Issues: 1.Loss of customers The customer’s envelope was being upheld by the Canada post and requested to pay additional fees, to collect the envelope. This was because Central insurance Canada had not paid enough money to receive the post duly. The issue arose when there were additional inserts, leading to added weight in the envelope. The envelope contained policy statement and other promotional inserts. The customer got really frustrated because they were asked to pay for the handling fees of the mail and the GST for it. In addition, the premium bill or the policy statement was inside the envelope, which the customer has to pay. The customer felt really let down by the Central Insurance Canada (CIC) because, they were asked to pay the premium amount and above all the handling charges for the mail too. They immediately cancelled their policy and purchased a new policy from their competitive insurance company. 2. Improper handling of mails. Improper handling of mails was another issue, which affected the Central Insurance Canada. There were nearly 620,000 units of outgoing mail for which they spent $400,000 yearly. All the mails consisted of different inserts and policy statements and envelopes. Most of the members had different schemes and packages available for them, Hence weight of the envelopes varied from person to person...
Words: 2395 - Pages: 10
...Deloitte & Touches’ revolutionary implementation of Women’s Initiative, serves as one of the most transformational changes any company has ever seen. Deloitte thought women were leaving their company in order to fulfill their wifely and motherly duties. The truth of the matter is they left due to not being considered for partnership roles. When CEO Mike Cook at the time realized the significant impact it was having on the business, he implemented a two day intensive workshop for “the Retention and Advancement of Women”. Implementing Women’s Initiative led to a solid foundation surrounded by an environment full of support and development of not just women but men as well. In reading the Women’s Initiative Annual report I felt that women as buyers (WAB) serve as an advancement towards this movement. Currently women account for 85% of all consumer purchases. Deloitte recognized that women executives within the marketplace were increasing. Currently Deloitte is offering a WAB workshop to its professionals in order to better understand the way women process there purchasing decisions. Such examples of how women provided a trusting relationship amongst their clients by providing personal life stories and their way of paying close attention to detail. The WAB has provided other lessons as well for both men and women: 1. Women have a tendency to sit “ face to face” where are men seat beside themselves and consider their mail client “ Right-hand man” 2. Women...
Words: 462 - Pages: 2
...INTRODUCTION Real Estate Management System is website which is helpful for Builders as well as a individual as Buyers or Seller. In the currently all the activities are done manually. It is very tough for person to contact a appropriate Buyer or Seller. Our Real Estate Management System deals with the various activities related to the students. There are mainly 3 modules in this software * Search * Post * List On this Website we can register as a Individual, Agent or Builder. Administrator has the power to activate and deactivate the user account Administrator can also add new user and can edit and delete a user. A Builder can register as user and can buy and sell Properties. An Agent can suggest for buying and selling Properties. An Individual can register as a user and can list, buy and sell properties. SYSTEM ANALYSIS EXISTING SYSTEM: System Analysis is a detailed study of the various operations performed by a system and their relationships within and outside of the system. Here the key question is- what all problems exist in the present system? What must be done to solve the problem? Analysis begins when a user begins its registration & starts to search, list & post property. During analysis, data collected on the various files, decision points and transactions handled by the present system. The commonly used tools in the system are Data Flow Diagram, activity diagram, sequence diagram, collaboration diagram, etc. Training, experience and common...
Words: 1885 - Pages: 8
...policies were made, there was a process to developing a policy for a particular business. All companies, corporation, or business will have policies set in place. This holds true for the foundation for AIDS/HIV. While putting together certain regulation for research groups, this foundation also has to follow each step in the policy process. Coming up with that policy was a process and throughout this paper we will discuss the policy process and what it takes to ensure the write policy has been made to protect the company, consumers and all of its employees. The policy process has certain steps that have to be taken before having a successful outcome. These important steps are as follows: The formulation stage, the legislative stage and the implementation stage. Throughout this paper we will discuss in detail what each step of the policy process consists of, as well as give examples for each step. Also, while discussing how the AIDS/HIV foundation has to follow the same steps while searching for cures. Although, the policy process is made up of many steps, there are only a few main steps to receiving a successful policy. Each step in the policy process can prove to take a lengthy amount...
Words: 1513 - Pages: 7
...Consulting to help analyze whether to upgrade current software or to acquire new software and then to implement the chosen application. The analysis should include all aspects and considerations of what the resort needs from their word processing capabilities now and in the future. The analysis should also include what the changes the resort and the users of the word processing software will face before, during and after implementation. Utilizing Smith Systems Consulting Boardman Management Group has hired Smith Systems Consulting to help analysis and implement Baderman Island Resort’s processing software problem. Boardman Management Group will utilize the expertise of Smith Systems Consulting in many ways to ensure the resort successful implementation of upgraded or new word processing software. Smith Systems Consulting will analyze every aspect of the project including the problem with the current word processing software, the requirement for the new or upgraded software, the software implementation itself and the changes after the software implementation. To be more specific Smith Systems Consulting will follow a systems development life cycle (SDLC). For now Smith Systems Consulting will be focusing on the analysis...
Words: 828 - Pages: 4
...IT Project Implementation Failures Mayelin Vargas HCS/483 03/01/2012 Michael Aiken University of Phoenix When implementing an IT project, many factors and indicators can play into failures of such a project. As seen in the case study of Memorial Health System, the CPOE implementation faced different issues indicating the project failure. In this paper, five reasons of project failure would be identified. It would show how these indicators manifested at Memorial Health System. I will describe what I have done differently to eliminate or minimize the effect of the indicator. Some of the reasons for project failure include; Organizational Baggage, Lack of Belief in the Project, Lack of Candor, Invisible Progress, and Failure to Respect Uncertainty. The first reason for project failure at Memorial was Organizational Baggage. When the Project was first introduced by Dryer and Roberts, a member asked if it was possible to finish this project on the time expected since they took two years just to set up emails at a previous project: therefore, previous project failures was still been questioned when it came to the timeline. The second reason for project failure at this organization was the lack of Belief in the project. Most individuals in the organization were opposed to the providers order entry system. When the IT project was first introduced many feared that the work -load would increment if verbal orders were substituted by computer entry orders. The third reason for...
Words: 1020 - Pages: 5
...IT Project Implementations Failures Joseph Garcia HCS/483 7/4/2011 Eric Rios IT Project Implementations Failures There are many factors that play into failures of implementing an IT project. As in the Case Study – Memorial Health System CPOE Implementation there were clearly barriers set in place that affected leadership and staff. The purpose of this paper is to examine CPOE implementation barriers within the Memorial Health System and to determine possible methods to overcoming these challenges. Any project or initiative is destined for trouble if its objectives and purpose are unclear. One of the many barriers present was the lack of vision shared within the organization between the physicians and management. They worried their workload would increase because CPOE systems replace verbal orders with computer-entered orders by doctors. Dr. Mark Allen, a primary care physician commented, “The hospital is trying to turn me into a $12-an-hour secretary and they aren’t even paying me $12 an hour.” (Wager, Lee, & Glaser, 2009) The desire to obtain a shared vision as a whole should have resulted in a presentation of what the purpose of the CPOE initiative was intended to achieve. As was the result when some of the doctors that had not left the system attended the CPOE vendor’s annual user group meeting. They saw the release of the vendor’s most recent system and immediately decided they wanted it for Memorial. Another concern with the project was the leadership put in...
Words: 879 - Pages: 4
...Compensation and Benefit Plans Name: Institution: The strategic goal of any company is to provide the best service to customers while remaining cost effective and decreasing expenses. The company’s decision to hire a Computer Information System (CIS) Programmer is aimed at helping the company close the organization’s current gap and save the organization money in the long run. The incoming CIS programmer is expected to help the company achieve a stress free working environment for the rest of the employees and help the company make more profits from delivering to the company’s expectations. Hiring a new employee calls for implementation of a compensation and benefits plan that meets the needs of both the employee and the hiring organization. Benefits plan are designed to address specific needs and are often not in cash form. There are different approaches that an organization can choose to use while implementing a compensation and benefit plan. One such justifiable approach is one that recommends that the employee get insurance benefits, health and security benefits, vacation pay, stock options, profit sharing, contribution to retirement and pay for time not worked. Benefits are forms of value, apart from payment, that are given to employees in return for their inputs to the organization. There are other forms of intangible benefits that the company can decide to extend to the employee, which includes,...
Words: 870 - Pages: 4
...Chiung-Hui, H., & Ing-Chung, H. (2009). RESISTANCE TO CHANGE: THE EFFECTS OF ORGANIZATIONAL INTERVENTION AND CHARACTERISTIC. Review Of Business Research, 9(1), 110-114. In this study, the authors highlight the perceptions of change agents’ in regards to employee resistance. Research in this area specifically is quite scarce because previous research has focused on recognizing resistance as a having a significant effect on organization change outcomes. The purpose of this study is to understand the perspective of agents who drive the implementation of organizational change to investigate the agents’ perceptions to employee resistance, organizational intervention, and change outcomes. This study was conducted by sampling graduate school alumni in Taiwan, who had experience as internal change agents. Much of the study was based on variables such as tenure, profitability, and age. The rest was done on a scale that asked the internal agents’ to evaluate employee’s perceptions. They also considered characteristics of the organization such as size and the importance of the position held by the agents’. The authors agree with previous research that view resistance as an obstacle, instead of a reaction or response that newer studies promote. They believe it is a block that prevents change and a major reason that change does not succeed or does not get implemented. They also agree with previous claims that any change, no matter how beneficial for employees and to the organization...
Words: 449 - Pages: 2
... takes must longer than estimated timeline, or has to be terminated because of so many problems have occurred that proceeding is no longer judged to be viable.” With Memorial Health System failed implementation of a CPOE system they had many problems including an over budgeted project, Lack of belief in project, Insufficient leadership support, Failure to respect uncertainty, Failure to anticipate short-term disruptions, and initiative undernourishment. In this paper we will discuss all six of these problems along with give possible solutions to each of them. Failure to respect uncertainty: When the system was finally implemented it was had a lot of bugs in the system. They implemented the system at all of facilities. Because of this as well as a few other issues such as lack of training the system was taken offline and they continued with the old system. The solution to this problem would have been to implement the system in one location instead of the entire hospital. This place can be used as the test facility in which you can do two things. One you can work all the bugs out and the other would be to use it as a training facility where you can send employees to get training on a system that is up and running. This will aid the facility by having trained staff and implementation of a program in which is fully functional. Lack of belief and insufficient leadership support in the project was another issue that led to the failure of the CPOE IT Initiative. According to...
Words: 797 - Pages: 4
...IT Project Implementation Failures Within this document you will find the answers to your questions. Such as how the implementation process works and why some IT projects tend to fail. The implementation process will be explained in detail so that the roles and responsibilities are understood. There will also be a brief overview of how an organization can minimize the occurrences and effects of it failures. IT Implementation The implementation process begins after the system has been assigned and everyone has access to it. This process is a huge priority for our team and especially valued by the senior executives. When our organization implements a new health care information system we make sure that plenty of time and resources are set aside to give it as much attention as needed to complete the process. The first few steps of the process are crucial, organizing the implementation team and identify a system champion, determine the projects scope and expectations and establish and institute a project plan. In these first few steps there can be major failure, leading to costly overruns, unsatisfied users, delays and more. Fundamentals Missed In the case study “Memorial Health System CPOE Implementation” there was several fundamental activities that were not completed. When planning out the process Fred Dryer and Joe Roberts did not evaluate the time money or even staff that would be needed to complete the implementation process. The men wanted to get the board’s approval...
Words: 686 - Pages: 3
