Tan Hui Theng (陈慧婷) of Tunku Abdul Rahman University of Management and Technology was announced today as the winner of the EY Young Tax Professional of the Year (YTPY) 2023 Malaysia competition at an event graced by Puan Wan Ramiza binti Wan Ghazali, Deputy Chief Executive Officer – Tax Operation, Lembaga Hasil Dalam Negeri Malaysia (HASiL).
Hui Theng, 21, who is pursuing her Bachelor of Commerce in Tunku Abdul Rahman University of Management and Technology will represent Malaysia at the EY Young Tax Professional of the Year international finals, where she will compete against winners from other countries for the title of “EY Young Tax Professional of the Year 2024”. As the winner of the EY YTPY 2023 Malaysia competition, Hui Theng also took home a cash prize of RM8,000 and secured a paid internship of no less than eight weeks or a conditional offer of employment in Tax Services with Ernst & Young Tax Consultants Sdn Bhd.
"I truly appreciate EY for letting the young voices be heard. I am also genuinely grateful for all the support and help I received all along the journey. To the younger generation, I encourage you to join this challenge and see how far you can go. You will definitely be surprised," she said.
The first runner-up was Marvin Hing Majin, 21, who is pursuing his Bachelor of Accounting (Fintech) (Hons) in Taylor's University. Marvin Hing received a cash prize of RM 6,000 and a paid internship of no less than eight weeks or a conditional offer of employment in Tax Services as well.
Lam E Vaine (林玥颖), 21, who is pursuing her Bachelor of Degree in Accounting in Universiti Tunku Abdul Rahman was named second runner-up. He/she received a cash prize of RM 3,000 and a paid internship or a conditional offer of employment with Ernst & Young Tax Consultants Sdn Bhd.
In her address, Puan Wan Ramiza binti Wan Ghazali, Deputy Chief Executive Officer – Tax Operation, Lembaga Hasil Dalam Negeri Malaysia (HASiL) said, “Awareness, Education and Services (AES) continue to be at the core of HASiL’s initiatives. Hence, the annual EY YTPY programme is much welcomed as it complements HASiL’s aspiration of creating a well-informed society on tax matters. HASiL has been a strong supporter of the EY YTPY programme since its inception over a decade ago. This programme has enabled us to foster tax awareness, share knowledge, and explain the rationales underpinning tax policies to our youth.
“By taking on the challenge, I hope the participants have gained a clearer picture on how a career in Tax can be a very rewarding one. The fundamental lessons learnt from this competition truly reflect the real-world scenarios and challenges faced in business and taxation today. We hope the Malaysian undergraduates found their YTPY journey a valued addition to their academic experience: one that expands their world view and sharpens their skillsets, enabling them to better engage and collaborate with international counterparts .”
Farah Rosley, Malaysia Tax Managing Partner, Ernst & Young Tax Consultants Sdn. Bhd. said, “At EY, we are committed to providing opportunities for the younger generation to explore careers in Tax and the EY Young Tax Professional of the Year (EY YTPY) competition exemplifies this commitment. Diverging from other undergraduate programs, the EY YTPY competition is a global competition that encourages young talents to transcend the confines of their campus walls and delve into real-world scenarios.
“It serves as a platform for undergraduates to experience real-life business issues and use the opportunity to work with industry leaders to solve challenges that go beyond borders and cultures. This exposure is invaluable for our future workforce, setting our participants apart when they enter the job market.
Hisham Halim, Partner, Ernst & Young Tax Consultants Sdn Bhd and Program Director of EY Young Tax Professional of the Year Malaysia, shared,
“The EY YTPY program is geared towards providing our students with a platform to recognise the role of taxation in shaping the global economies of today, and experience first hand how they can truly make an impact as tax professionals. The competition has been designed in a manner to stimulate the participants to consider and apply diverse viewpoints when addressing issues impacting global businesses today. It challenges them to demonstrate their capacities for creative interpretation and analysis of the issues at hand, and their ability to innovate under demanding circumstances in developing cutting-edge business and tax solutions.
“The global competition will take the challenge to yet another level. Our international judges will test our participants for evidence of out-of-the-box analytical prowess, alongside pragmatism and the ability to convincingly articulate their ideas. Participants will be expected to be able to showcase their aptitude for amalgamating critical thinking, business insights, and practical appreciation of tax concepts to address real challenges encountered by global businesses today. This year, we are certain Hui Theng will do us proud.”
The international EY YTPY 2024 competition will take place in January 2024. It will entail learning, team-building and networking sessions. Judging will take place in February 2024 and the top three winners of the EY Young Tax Professional of the Year 2023 will be announced at an award ceremony in March 2024.
For more information about the EY Young Tax Professional of the Year programme, visit ey.com/my/careers/ytpy
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