Tuesday 19 May 2020

Operational Guidelines GPHDN 2/2020


Further to our tax bulletin dated 22 April 2020, the Inland Revenue Board (IRB) has issued the operational guidelines GPHDN 2/2020 [click here, available in Bahasa Malaysia only] pertaining to the revision of tax estimate in the third month instalment in year 2020 and deferment of instalment payments for companies in the tourism industry as well as Small and Medium Enterprises (SMEs).

GPHDN 2/2020 is essentially a summary and codification of previous FAQs issued by the IRB [
click here] in the form of a formal guideline on the subject. Some examples are also given in the guidelines. Please refer to the examples for further information.

No comments: