The Institute would like to inform that Encik Mohd Sait has responded to our appeal on 1 August 2011. The IRB’s stand is that the new penalty rates on late filing will not be withdrawn nor will a moratorium period be granted on the implementation of the new penalty rates.
However, the IRB is willing to consider appeals for the imposition of penalty on a case by case basis. Internal procedures are in place within the IRB to deal with the relevant appeal.
Currently, the Institute is still pursuing the matter with the authorities.
In the meantime, members are reminded to submit the tax returns on due dates in accordance with the existing legislation.
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