The Chief Executive Officer of the Inland Revenue Board (IRB), Dato’ Dr. Mohd Shukor Mahfar has announced that the directive to impose the late filing penalty under Section 112(3) based on the the following structure was issued and took effect from 1 June 2011.
Submitting after the appointed date till 12 months (1 Year) : 20%
Submitting after the appointed date till 24 months (2 Years) : 25%
Submitting after the appointed date till 36 months (3 Years) : 30%
Submitting after the appointed date exceeding 36 months (> 3 Years) : 35%
Submitting after the appointed date till 12 months (1 Year) : 20%
Submitting after the appointed date till 24 months (2 Years) : 25%
Submitting after the appointed date till 36 months (3 Years) : 30%
Submitting after the appointed date exceeding 36 months (> 3 Years) : 35%
Members are reminded to file the tax returns on a timely basis to avoid the heavy late filing penalty.
Members are also advised that the IRB letter dated 22 September 2011 is still relevant. Please refer to the e-CTIM No. 41-2011 dated 26 September 2011.
Members may view the announcements on the LHDNM’s website at http://www.hasil.gov.my/goindex.php?kump=6&skum=1&posi=2&unit=1&sequ=55
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