‼️The tax filing season is upon us and today, we are going to shine some light on Form E! We will be sharing about:

  1. What is Form E

  2. Who Should Submit Form E

  3. What Are the Taxable Income for Monthly Tax Deduction (MTD)

  4. List of Benefits in Kind That Must Be Reported in Form E & EA (CP8D)

All Malaysian business regardless of whether it’s a large, medium or small company is required to submit a Form E to the Inland Revenue Board (IRB) via e-Filling by the end of this month – 31st March 2021 🗓️ Now, what happens if you fail to submit the form within the stipulated filing date? The penalty ranges from RM200 to RM20,000; imprisonment for a term not exceeding 6 months; or both! 🚨

Let’s avoid that, shall we? JS Partners can help with your tax filling and submissions. 📲 Contact us via https://wa.me/60122192492 to discuss further 😊

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