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Updates on 2021 Tax Filing Programme and FAQ on Tax Matters During the National Recovery Plan

The Inland Revenue Board has issued the amended Return Form Filing Programme for the Year 2021 (Amendment 4/2021) and Frequently Asked Questions ["FAQ"] on Tax Matters During the National Recovery Plan (both updated on 19th August 2021) to provide updates on the tax filing due dates and other compliance matters.

24 Aug 2021 Read more

PEMULIH Stimulus Package

On 28th June 2021, the Government has announced the PAKEJ Perlindungan Rakyat Dan Pemulihan Ekonomi or PEMULIH Stimulus Package worth RM150 billion with the following three (3) main focuses:-

6 Jul 2021 Read more

Update on FAQ on Tax Matters During Phase One of the National Recovery Plan

The Inland Revenue Board ["IRB"] has issued the updated Frequently Asked Questions ["FAQ"] on Tax Matters During Phase One of the National Recovery Plan (updated on 30th June 2021) as well as the Return Form Filing Programme for the Year 2021 (updated on 26th June 2021) to update the tax filing due dates and other operational matters. In this updated FAQ, the term "Phase One of the National Recovery Plan" has been used to replace the term "Movement Control Order 3.0 Period" used in the earlier FAQ.

2 Jul 2021 Read more

Update on Deferment of Payment of Tax Instalments for the Period from 1st April 2021 to 31st December 2021 for Tourism, Cinema and Spa Industries

The Inland Revenue Board ["IRB"] has, on 28th June 2021, updated the Frequently Asked Questions ["FAQ"] - Deferment of Payment of Estimated Tax Payable (CP204) and Instalment Scheme (CP500) from 1st April 2021 to 31st December 2021 under the PEMERKASA Stimulus Package which is available to taxpayers with eligible business codes for the tourism, cinema and spa industries.

2 Jul 2021 Read more

Deferment of Payment of Tax Instalments for the Period from 1st April 2021 to 31st December 2021 for Tourism, Cinema and Spa Industries

Under the PEMERKASA Stimulus Package announced by the Government on 17th March 2021, it was proposed that deferment of tax instalments be granted to companies in the tourism and selected industries (e.g. cinema and spa). In relation to this, the Inland Revenue Board ["IRB"] has issued the Frequently Asked Questions ["FAQ"] - Deferment of Payment of Estimated Tax Payable (CP204) and Instalment Scheme (CP500) from 1st April 2021 to 31st December 2021 under PEMERKASA.

11 Jun 2021 Read more

Extension of Time for Circulation and Lodgement of Financial Statements and Annual General Meeting Announced by Suruhanjaya Syarikat Malaysia ("SSM")

Following the implementation of Full Movement Control Order ("Total lockdown") and in support of the Government's initiatives to ease the economic pressures faced by the corporate community, SSM has issued the Practice Directive ("PD") No. 8/2021 dated 1 June 2021 to clarify the special procedures for application of Extension of Time ("EOT") for Lodgement of Financial Statements and Annual General Meeting (AGM) for affected companies having financial year end AFTER 31 October 2020 to 31 January 2021 as follows:

11 Jun 2021 Read more

IRB's Response to MCO 3.0 - FAQ on Tax Matters During the MCO 3.0

Following the Government's implementation of the Movement Control Order 3.0 ["MCO 3.0"] due to the surge in the COVID-19 cases, the Inland Revenue Board ["IRB"] has, on 2nd June 2021, issued the Frequently Asked Questions ["FAQ"] on Tax Matters During the MCO 3.0, with some updates made on 3rd and 4th June 2021.

7 Jun 2021 Read more

PEMERKASA Plus Stimulus Package

On 31st May 2021, the Government has announced the PEMERKASA Plus Stimulus Package ["PEMERKASA Plus"] worth RM40 billion with the following three (3) main objectives:-

4 Jun 2021 Read more

PEMERKASA Stimulus Package

On 17th March 2021, the Government has announced the PEMERKASA Stimulus Package ["PEMERKASA"] worth RM 20 billion. The objectives of PEMERKASA are as follows:-

5 Apr 2021 Read more

IRB's Announcement on Restructuring of Payment Centre Counter Services

In line with the Government's aspiration to increase the usage of online payment (e-payment) and to improve the efficiency of tax collection process, the Inland Revenue Board ["IRB"] has announced on 9th February 2021 that a restructuring of payment centre counter services will be carried out in Kuala Lumpur, Kuching and Kota Kinabalu. Please refer to the media announcement dated 9th February 2021.

16 Feb 2021 Read more

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