IRB Media Release dated 23 April 2012 --- 7 Days Left To Submit Form BE

The Inland Revenue Board (IRB) has issued a media release reminding all taxpayers that the deadline for submission of Form BE for the Year of Assessment 2011 is 30 April 2012.

It warns taxpayers that failure to submit an Income Tax Return Form (ITRF) is an offence and a penalty amounting to not exceeding treble the tax payable may be imposed under subsection 112 (3) of the Income Tax Act, 1967.

For those who e-file, however, a grace period of 15 days is granted (i.e. the deadline is extended to 15 May 2012).

For more information members may visit IRB’s website or call 1-300-88-3010.