The Malaysian Inland Revenue Board (“MIRB”) has set out a new timetable for certain personal tax filing and employer compliance obligations (including due date extensions) in light of the COVID-19 crisis. Also, the MIRB has closed all its office premises until 14 April 2020 – but is providing some limited services. Share Save Related content
Two (2) months grace period from the due date of submission is allowed for those with accounting period ending 1 January 2020 until 31 March 202.0 Form C Companies 31 July 2019 30 Sep 2019 30 Nov 2019 31 Jan 2020 31 Mar 2020 29 Feb 2020 30 Apr 2020 30 June 2020 31 Aug 2020 31 Oct 2020 30 Apr 2020 31 July 2020 30 Sep 2020 31 Oct 2020 31 Dec 2020
Taxpayers can start submitting their income tax return forms through the e-Filing system starting from March 1 of every year, unless otherwise announced by LHDN. This method of e-filing is becoming popular among taxpayers for its simplicity and user-friendliness.
Grace period is given until 15 May 2021 for the e-Filing of Form BE (Form e-BE) for Year of Assessment 2020. If a taxpayer furnished his Form e-BE for Year of Assessment 2020 on 16 May 2021, the receipt of his RF shall be considered late as from 1 May 2021 and penalty shall be imposed under subsection 112(3) of ITA 1967.
The Government has announced an extension of two months for filing income tax from the original deadline in consideration of the Movement Restriction Order (MRO) that has been enforced during the COVID-19 pandemic. The new deadline for filing income tax returns in Malaysia is now 30 June 2020 for resident individuals who do not carry on a.
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