Wednesday 25 February 2009

Form EA (Form CP 8A) for Year 2008

Letter from Inland Revenue Board (IRB) dated 24 February 2009 informing the following: -

(i) Scope of Part G

The IRB has informed that the amount to be reported in Part G of the EA Form (Form CP 8A) includes allowances/perquisites/gifts/benefits which are already accorded exemption prior to the announcement of Budget 2009. Please refer to the Notes to Part G of Form EA attached to the 2008 Form E or to Part F at page 3 of the Explanatory Notes to the 2008 Form E.

(ii) Concession on Compliance

Members are informed that employers having problems complying with the new Form EA format (Form EA – Rev 2008) may file the Form EA using the old format (Form EA – Rev 2005). This effectively removes the need to disclose Part G of the EA Form. However, members are reminded that this concession is granted for filing of the form relating to income for the year 2008 only.
Reference:

No comments:

Post a Comment

CCS Group's Official Website

We are thrilled to announce that CCS Group has launched a new website at www.ccs-co.com Some of the great new features of this newly designe...