LHDN says 60 audits done on GISB in previous assessment years

PETALING JAYA: A total of 60 audits have been conducted on Global Ikhwan Services and Business Holdings (GISB) as well as related entities in previous assessment years, says the Inland Revenue Board (LHDN). It added in a statement on Monday (Sept 30) that it has issued fines to GISB for failing to pay taxes. "The compound and...

GISB never paid taxes for their businesses, says IGP

KUALA LUMPUR: Global Ikhwan Services and Business Holdings (GISB) has never paid taxes for its businesses. Inspector-General of Police Tan Sri Razarudin Husain said this was discovered based on a collaboration with the Inland Revenue Board (LDHN). "We discovered that GISB never paid any taxes for their businesses in line with the investigation under Income Tax Act...

Large-scale tax operation launched in the Klang Valley

CYBERJAYA: Over a thousand Inland Revenue Board (LHDN) and Royal Malaysian Customs Department (JKDM) officers will descend on thousands of Klang Valley businesses to ensure tax compliance as part of Ops Metro 2024.LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin said the joint operation, which began yesterday, will see officers from both agencies working...

LHDN, Customs to inspect thousands of Klang Valley businesses to ensure tax compliance

CYBERJAYA: Thousands of Klang Valley businesses will be inspected for tax compliance by officers from the Inland Revenue Board (LHDN) and Royal Malaysian Customs Department as part of Ops Metro 2024, says Datuk Dr Abu Tariq Jamaluddin. The LHDN chief executive officer said the newly announced joint operation will see over 1,000 officers from both LHDN...

Deadline to submit tax return forms for business taxpayers extended to July 15

PUTRAJAYA: The Inland Revenue Board (LHDN) has extended the deadline for submission of tax return forms for the assessment year 2023 for taxpayers who operate businesses to July 15. LHDN clarified that this extension applies to various taxpayer groups: Resident Individuals with businesses, Partnerships, Resident Individuals (knowledgeable/specialised workers/non-citizens in key roles), Non-Resident Individuals (knowledge workers), Organisations...

Come clean or pay the fine

CYBERJAYA: Tax evaders wishing to wipe the slate clean with the Inland Revenue Board (LHDN) have until the end of this month to do so, says Datuk Abu Tariq Jamaluddin. This is because the deadline for those seeking a fresh start under the Special Voluntary Disclosure Programme 2.0 (SVDP) ends this May 31, after which they...

Income tax e-Filing starts today

PUTRAJAYA: Individual and non-individual taxpayers can submit their Tax Return Form for the Year of Assessment 2023 through e-Filing starting today, says the Inland Revenue Board (LHDN). It advised taxpayers to use the e-Filing service through the MyTax portal at https://mytax.hasil.gov.my or through the HASiL official portal at https://www.hasil.gov.my. Tax agents are encouraged to use the Tax Agent e-filing System...

Less than four months left for voluntary disclosure, LHDN reminds taxpayers

PUTRAJAYA: Taxpayers nationwide have been reminded to use the ongoing Special Voluntary Disclosure Programme (SVDP) 2.0 to improve their tax compliance status. The Inland Revenue Board (LHDN) said they have less than four months to do so as SVDP 2.0 will end on May 31. It said that as of Jan 31, it had received 64,748 voluntary...

Check travel restriction status before travelling abroad, says LHDN

PUTRAJAYA: The Inland Revenue Board (LHDN) has urged taxpayers to check their tax arrears and travel restriction status before planning to travel abroad this school holiday. In a statement today, the IRB said that taxpayers can check their tax arrears status via the MyTax portal at https://mytax.hasil.gov.my/ and their travel restriction status at https://sspi.imi.gov.my/sspi/. "If taxpayers have...

Businessman fined RM2.6mil for failing to submit annual income tax returns

KOTA KINABALU: A company director ended up paying more than three times he owed the Inland Revenue Board (LHDN) after he was found guilty for failing to file his income tax annual returns for two years. The 59-year-old automobile batteries dealer Wee Yung Heow was slapped with a penalty of RM2.6mil and fined RM10,000 by a...