Defaulting companies eligible for IRB’s Voluntary Declaration Programme | Malay Mail

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Defaulting companies eligible for IRB’s Voluntary Declaration Programme

21 March 2019

PUTRAJAYA, March 21 — Taxpayers in the category of companies, whose accounting period ended January 31, January 28 and March 31, 2018, but failed to submit their Income Tax Return Form for Year of Assessment 2018 are still eligible for the Special Voluntary Declaration Programme. “The deadline for them to submit the Income Tax Return Form for Year of Assessment 2018 is seven months from the date their accounting period ended.

However, the IRB said the companies are still eligible to participate in the voluntary disclosure programme, thus enjoying the penalty rate offered if the form is submitted within the period stipulated, while the balance of their tax payments should be made before the campaign ends.

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