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:

Procedures for Submission of Return Forms for Year of Assessment 2008 (Repayment/Refund cases)

The IRB has issued guidelines setting out the procedures for submission of 2008 tax return forms relating to refund under Section 110 of the Income Tax Act 1967 or overpayment of tax. Members may view the guidelines: -


http://pull.xmr3.com/cgi-bin/pull/DocPull/1597-490674-2640/93415726/Guides_to_Submission_of_Tax_Return_YA_2008_(Refund_Case).pdf

Tax return forms relating to refund under Section 110 of the Income Tax Act 1967 or overpayment of tax to be submitted to: -

Pusat Pemprosesan Pandan Indah

Kaunter Khas No 16 Tingkat 12

Tuesday 10 February 2009

Layout and Explanatory Notes for CP 8D and Format for CP 8D

The IRB has uploaded the layout and explanatory notes for CP 8D as well as format of CP8D on its website recently. You may view the documents on IRB’s website respectively at:

Revised 2009 Filing Programme

MIT has received a letter from the Inland Revenue Board (IRB) dated 5 February 2009 informing the revision of 2009 Filing Programme. The said revised filing programme can be viewed at:

The key changes in the filing programme are as follows:

(i) Extension of Time to File Form CP 8D

Employers having problem in submitting Form CP 8D on or before 31 March 2009 are given extension of time till 31 May 2009 to submit the said Form. However, employers are reminded that they still have to submit Form E by 31 March 2009.
Please refer to item 3.1(ii) of the Revised 2009 Filing Programme.

(ii) Submission of Form CP 8D by employer using e-filing

For employer submitting Form E via e-filing, Form CP 8D can be submitted via e-filing as well. Employers may also submit using text file on CD/Diskette or Excel file on CD/Diskette.
Please refer to item 3.2(ii) of the Revised 2009 Filing Programme.

(iii) Procedure for Claiming Refund Under Section 110 (ITA 1967)/Section 51 (FA 2007)

The IRB has indicated that dividend vouchers need not be submitted. Taxpayers are required to submit the following work sheets together with the return form.

(a) Work sheet HK 3;

(b) Work sheet HK 6 and relevant documents in respect of other claim for Section 110 tax deduction;

(c) Work sheet HK 8/ HK 9 (if applicable) and relevant documents pertaining to the foreign tax deducted in the country of origin.

However, taxpayers are still required to keep the original dividend vouchers for the purpose of tax audit. Please refer to item 6 of the Revised 2009 Filing Programme.

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