Tax Updates - Extension of Time for Tax Filing And Tax Payments

Due to the implementation of the ongoing Full Movement Control Order (“FMCO”), the Inland Revenue Board Malaysia (“IRBM”) has updated the 2021 Return Form Filing Programme <click here> on 26 June 2021. A 2-month grace period has been given for the submission of the tax returns for the following group of taxpayers :-

 For the submission of Forms B, P, BT, M, MT, TF, TP and TJ (individuals, partnerships, associations, deceased persons’ estate and Hindu Joint Families who carry on business) as well as for the payment of balance of tax payable (if any) for year of assessment (“YA”) 2020 –

 For the submission of Forms C, C1, PT, TC, TA, TR and TN (companies, cooperative societies, limited liability partnerships and trust bodies) as well as for the payment of balance of tax payable (if any) for the accounting periods ending 1 October 2020 to 31 January 2021 –

Note: For submission of Form CPE, a 2-month grace period is also given to Petroleum companies with accounting period ending from 1 October 2020 to 31 January 2021.

Further updates will follow as and when they are made available.