Mike Ng Yee Yang of Sunway University was announced today as the winner of the EY Young Tax Professional of the Year (YTPY) 2019 Malaysia at a function officiated by YBhg. Datuk Noor Azian Abdul Hamid, Deputy Chief Executive Officer (Policy), Lembaga Hasil Dalam Negeri Malaysia (LHDNM).
Mike Ng, 21, who is pursuing his BSc (Hons) Accounting and Finance in Sunway University will go on to represent Malaysia at the EY Young Tax Professional of the Year international final to be held from 23 - 27 November 2019 in Amsterdam, Netherlands. There, he will compete against winners from over 30 countries for the title of “EY Young Tax Professional of the Year 2019”.
The first runner-up is Ashley Lim Siew Fern, 20, majoring in Professional Accounting in Tunku Abdul Rahman University College; while Ng Cheng Yuan, 22, who is also pursuing her Accounting degree in Tunku Abdul Rahman University College was named second runner-up.
Speaking on behalf of the CEO of LHDNM, Datuk Noor Azian Abdul Hamid said, “Today’s business setting requires tax professionals to have the right acumen in navigating the tax landscape of the clients they represent, and providing the right business advice based on the different international tax laws in place. Having sound technical skills will still be critical and a necessity, but no longer sufficient. What will be more important is to be able to make sense of or make good the volume of data that would be readily available to tax professionals, and how to use it for their clients’ tax planning and reporting. To remain relevant, tax professionals of the future will not only be acting as tax advisors, but also as tax technologists. Therefore, as someone considering taxation as a career in the future, you must start now to develop the right skills needed for this field. Therefore, I am confident that programmes such as the EY Young Tax Professional of the Year is a right move in correcting the tax-talent gap which exists by starting graduates early in exploring a career in taxation. LHDNM will continue to support the Malaysian chapter of this international tax competition in a move to cultivate and build tax awareness amongst the public.”
Mr. Amarjeet Singh, Asean and Malaysia Tax leader, EY said, “The EY YTPY competition sets itself apart from many other undergraduate programmes as an enabler for young talents to explore, discover, thrive and achieve beyond the confines of their campus walls. It provides them a glimpse into the real working world across borders and cultures. This type of exposure and learning is particularly vital given the intense changes we are seeing in global trade and commerce today, where tax professionals are playing critical roles as trusted advisors in the marketplace, helping businesses and governments make vital decisions and take strategic actions – and for this, they need the right technical knowledge, and at the same time, be agile enough to adapt and innovate strategically.”
“This is what the EY YTPY programme is committed to developing. The competition challenges the students’ thinking and creativity and encourages them to showcase their ability to interpret, analyze, innovate and adapt under rigorous conditions to deliver outstanding tax solutions. At EY, we are deeply passionate about opening doors for our younger generation to explore and discover their potential in this profession, and we believe this programme serves as a key platform to provide game-changing opportunities to our top Tax talent and leaders of the future,” added Amarjeet.
Hisham Halim, Partner and Co-Programme Director of the EY Young Tax Professional of the Year Malaysia, shared, “The EY YTPY programme has grown tremendously over the years in prestige and reach among our undergraduates. It is heartening to see more and more of our young students stepping forward confidently to take on this experience and tackle the challenges posed in this competition, not just to learn and sharpen their technical and soft skills, but also to compete and win. The international level of the competition will further take this a notch higher as the country winners from over 30 countries compete for the title. These winners will be challenged with case studies and interviews before expert judges, who will be looking for evidence of creativity and analytical strengths, as well as practical skills.”
“Our Malaysian panel of judges were impressed by the standard of this year’s submissions and by the oral presentations of the case study by the Malaysian finalists. We have no doubt that Mike will do Malaysia proud at the international competition.”
For more information about the EY Young Tax Professional of the Year, visit ey.com/my/ytpy
Note to Editors
EY Young Tax Professional of the Year 2019 Malaysia Top 10 finalists
- Chan Yun Wei, UTAR, Sungai Long campus
- Chiew Jia Hui, Michelle, Sunway TES
- Jack Chiew Meng Tak, Tunku Abdul Rahman University College
- Lew Hao Fan, Sunway College, Johor Bahru campus/li>
- Lim Meng Jee, Sunway TES
- Lim Siew Fern, Ashley, Tunku Abdul Rahman University College
- Muhammad Arief Siddiq bin Md Daud, Universiti Malaya
- Ng Cheng Yuan, Tunku Abdul Rahman University College
- Ng Yee Yang, Mike, Sunway University
- Peh Qi Hui, Universiti Malaya
EY Young Tax Professional of the Year 2019 Malaysia judges
- En. Shaharrudy Othman, Director of the Department of International Taxation, Lembaga Hasil Dalam Negeri Malaysia
- Ms. Sharon Yong, Partner, Ernst & Young Tax Consultants Sdn. Bhd.
- Mr. Simon Yeoh, Partner, Ernst & Young Tax Consultants Sdn. Bhd.
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