Personal Tax
Budget 2013: Personal tax rate reduced by 1%
The new individual income tax rates effective from year of assessment 2013 is tabulated below and tax rate reduction gives a maximum tax saving up to RM475 for a person with chargeable income of...
Malaysia Direct Tax Revenue Collections for 2009
Company taxpayers are still the biggest contributor to the government’s revenue of RM40.27 billion, representing 45.55% of the total revenue collection. Followed by petroleum income tax and individual income tax which contribute to 30.80%...
Increasing Tax Audits by IRB Malaysia
Following the implementation of Self Assessment Taxation System in Malaysia years ago, the Inland Revenue Board switches its focus and attention in doing tax audits to ensure taxpayers comply with the legal provisions and...
Most favourite tax questions from taxpayers
Customer Service Centre of Inland Revenue Board of Malaysia summarised below the Top 5 most favourite asked questions from Malaysian taxpayers:-
1. How do I register an Individual income tax reference number?
There are 2 methods...
30 June 2011 – DUE DATE for submission and payment of tax payable for...
After first round of tax filing deadline by 30 April 2011 for individuals with employment income only and no business income (Form BE 2010), 2nd round of tax filing deadline of 30 June 2011...
Submit your Form B 2010 tax return by 30 June 2010
In a press release, Inland Revenue Board Malaysia will continue its Taxpayer Service Month Program until 30 June 2011.
The program is focus on taxpayers who are deriving business income submitting their Form B for...
