‼️The tax filing season is upon us and today, we are going to shine some light on Form E! We will be sharing about:
What is Form E
Who Should Submit Form E
What Are the Taxable Income for Monthly Tax Deduction (MTD)
List of Benefits in Kind That Must Be Reported in Form E & EA (CP8D)
All Malaysian business regardless of whether it's a large, medium or small company is required to submit a Form E to the Inland Revenue Board (IRB) via e-Filling by the end of this month - 31st March 2021 🗓️ Now, what happens if you fail to submit the form within the stipulated filing date? The penalty ranges from RM200 to RM20,000; imprisonment for a term not exceeding 6 months; or both! 🚨
Let's avoid that, shall we? JS Partners can help with your tax filling and submissions. 📲 Contact us via https://wa.me/60122192492 to discuss further 😊
LinkedIn: https://www.linkedin.com/company/js-partners/