IRB increases limits for income tax payment via FPX

PUTRAJAYA: The maximum limit for income tax payment transactions through the Financial Process Exchange (FPX) method has been increased with immediate effect, to make it easier for taxpayers to make payments online. The Inland Revenue Board (IRB), in a statement today, said that for business-to-business (B2B) transactions, the maximum limit was increased from RM1 million […]

IRB opens counters for BPR appeals from today

KUALA LUMPUR: The Inland Revenue Board of Malaysia (IRB) will open the Government Special Assistance (BKK) counters from today (June 15) for appeals applications under Bantuan Prihatin Rakyat (BPR). IRB, in a statement today, said the counters would be opened from 8 am until 12 noon according to the working days for each state and […]

Shafee’s money-laundering trial begins tomorrow

KUALA LUMPUR: After almost three years, the trial of prominent lawyer Tan Sri Muhammad Shafee Abdullah, who is facing two counts of money laundering charges involving RM9.5 million he allegedly received from former prime minister Datuk Seri Najib Tun Razak, and two charges of making false statements to the Inland Revenue Board (IRB), will commence tomorrow (Friday) […]

Najib’s 1MDB trial cut short for lawyer to discuss own case

KUALA LUMPUR: The 1Malaysia Development Berhad (1MDB) trial involving Datuk Seri Najib Tun Razak at the High Court here was cut short today on an application by the defence, as the former prime minister’s lead counsel Tan Sri Muhammad Shafee Abdullah needed to meet his lawyer over his money laundering trial which is scheduled to begin […]

Najib’s son served with bankruptcy notice over RM37.6 mln unpaid income tax

KUALA LUMPUR: Former prime minister Datuk Seri Najib Tun Razak’s son, Datuk Mohd Nazifuddin has been served a bankruptcy notice failing to pay income tax amounting to RM37.6 million as ruled by the High Court in July last year. His lawyer, Wee Yeong Kang, when contacted, said the notice was served to his client on […]

Taxpayers reminded to submit tax returns by May 15

KUALA LUMPUR: Individual taxpayers are reminded to submit their income tax return forms (BNCP) via e-filing by this Saturday (May 15). The Inland Revenue Board (IRB), in a statement today, said that individual taxpayers who only have one source of employment income, and have made monthly tax deductions (PCB), can choose not to submit a […]

IRB service counters close 30 minutes earlier during Ramadan

KUALA LUMPUR: The Inland Revenue Board (IRB) is closing the daily operations of its service counters 30 minutes earlier during Ramadan. A statement issued by IRB here today stated that its service counters in all states, except Johor, Kedah, Terengganu, Kelantan, Sabah and Labuan, will operate from 8 am to 4.30 pm on Monday to […]

Two delegations call on Polytechnic Kuching

KUCHING: Sarawak Kuching Polytechnic (PKS) today received a visit from a delegation of the Inland Revenue Board (IRB) Kuching branch here. The delegation from IRB Kuching Branch was led by its director Abdul Aziz Kechik. Among those joined the visits were Profiling Unit Head Azaharuddin Mohd Ali and IRB Executive Officer Mohd Zahiruddin Abang. The […]

IRB denies audit, investigation activities politically motivated

KUALA LUMPUR: The Inland Revenue Board (IRB) has denied the claim that the selection of cases for its enforcement action is politically motivated. The IRB in a statement today said its audit process or investigation on any individuals including politicians was solely conducted to ensure they abide by the country’s tax law. “The IRB does […]

BPR application is free of charge

KUALA LUMPUR: The Inland Revenue Board has clarified that the application for Bantuan Prihatin Rakyat (BPR) is free and no charges would be imposed on applicants. In a statement today, the IRB said it had received complaints regarding the existence of some quarters who have been charging a service fee to fill up the BPR […]