Tag - Tax Returns

Filing income tax returns a breeze for early birds

PETALING JAYA: With less than six weeks until the deadline, many Malaysians have filed their income tax returns for better financial planning and management. Nurul Nadia Omar said she submitted her Year of Assessment (YOA) 2023 earlier this week after constant nagging from colleagues, who had rushed her to do so. She said the process was smooth. “There...

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...