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 Income Tax Issues v4, Scope: e-BE and eB only

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icemessenger
post Apr 26 2016, 09:15 PM

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Gosh the due date is this weekend rite?
icemessenger
post Apr 27 2016, 12:43 PM

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QUOTE(wil-i-am @ Apr 26 2016, 11:01 PM)
Yes if u refer to manual filing
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if e-filing? should be the same rite?
icemessenger
post Apr 27 2016, 12:44 PM

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QUOTE(giko @ Apr 27 2016, 10:15 AM)
15 May = https://www.facebook.com/LHDNM/posts/429965873686974

"TAXPAYERS using the e-filing system will be given until May 15 to submit their income tax returns, while those using the conventional method must do so by April 30."
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thank you so much for the info!
icemessenger
post May 14 2017, 04:38 PM

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I just saw this from the LHDN website:


QUOTE
    Payment via Telegraphic Transfer (TT) / Transfer Interbank Giro (IBG) / Electronic Fund Transfer (EFT)

    Tax payment via TT, IBG or EFT can be made to the Inland Revenue Board of Malaysia (IRBM) banks account. Details of the account are as follows:

    Bank Account Number: 8000766957
    Beneficiary (Payable to): Ketua Pengarah Hasil Dalam Negeri
    Name and address of the bank: CIMB Bank Berhad, Cawangan Jalan Tunku Abdul Halim Tingkat Bawah, Blok 8, Kompleks Pejabat Kerajaan, 50480 Jalan Tunku Abdul Halim, Kuala Lumpur, Malaysia
    For Telegraphic Transfer (RENTAS), the CIMB Bank Berhad swift's code is as follows:

    Swift Code: CIBBMYKL

    Tax payer is to furnish the following information to enable IRBM updating their tax accounts.

    Tax Payer name
    Tax reference number
    Transaction reference number for the TT/IBG/ EFT
    Tax assessment year
    Payment code (Please refer to the schedule at f.)​​
    Installment number, if any. If none, IRB will consider current month as installment number.
    Date Of Payment
    Payment Amount

    Please note that the above information must be sent to IRBM office at Jalan Tunku Abdul Halim, Kuala Lumpur via fax at 03-62019637 on the transaction day or email to the following officers:

    Muhammad Haris Samad muhammadharis@hasil.gov.my
    Safawi Saaid safawi@hasil.gov.my
    Zanariah Ibrahim zanariah.i@hasil.gov.my
    IRBM official receipt can only be issued upon receiving the above information and sum received confirms by bank. Failure to adhere to the procedures may cause delay in updating tax accounts and the account is still subject to late penalty.



I wonder if you guys actually email them regarding the payment info after paying using online banking.
icemessenger
post May 14 2017, 07:43 PM

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QUOTE(David83 @ May 14 2017, 07:08 PM)
This is a manual payment method using fund transfer.
Most of us using official bill payment method at respective bank internet portal or LHDN portal which not required to key in those LDHN bank details.
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By using the LHDN portal, are you referring to paying the money after submitting the e-BE form, by clicking the blinking red ByrHASIL button?
icemessenger
post Jan 21 2020, 07:18 AM

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dear sifus,

in the previous years my income tax is around 7-8k, but this year i estimated the tax to be around 25k. do i need to standby for audit?
icemessenger
post Jun 13 2020, 07:55 AM

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Sifu,

Is it possible to split the payment into 2 or more? What code should I use?

Thanks.


084 Bayaran Ansuran Cukai – Individu
086 Bayaran Ansuran Cukai – Syarikat
088 Pendahuluan / Ansuran Cukai Komposit
090 Bayaran Cukai Keuntungan Harta Tanah
095 Bayaran Cukai Pendapatan (tidak termasuk skim ansuran)
150 Bayaran Kenaikan Seksyen 103A / 103
151 Bayaran Seksyen 108
152 Bayaran Kenaikan Seksyen 108
153 Bayaran Kenaikan Komposit
154 Bayaran Kenaikan Seksyen 107C(9) / 107B(3)
155 Bayaran Kenaikan Seksyen 107C(10) / 107B(4)
156 Bayaran Kos Mahkamah
157 Bayaran Faedah Atas Hutang Hukuman
158 Bayaran Ansuran Dibenarkan oleh Audit
159 Bayaran Ansuran Dibenarkan oleh Unit Pemungutan
160 Bayaran Ansuran Dibenarkan oleh Unit Guaman Sivil
173 Bayaran Kos Guaman
178 Bayaran Seksyen 108 (Sek 25)
181 Bayaran Kenaikan Seksyen 25
196 Bayaran Penyelesaian Cukai
197 Bayaran Penyelesaian Cukai – Majikan
250 Bayaran Kenaikan CKHT


icemessenger
post Jun 13 2020, 10:03 AM

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QUOTE(MUM @ Jun 13 2020, 08:04 AM)
mind sharing more info?
personal BE or B or company level?
for what purposes?

or
Pay Balance of Tax In Instalments

If` until 30th April of a year of assessment, you have not settled in full the tax payable for that period, you can apply for payment of the balance of tax in instalments. The procedure to be followed is to forward a letter of appeal to the Collection Unit of the branch where your physical file is maintained. The said letter must be received by the Collection Unit before 30th April of the relevant year. However, please note that even if the appeal is approved, late payment penalty will still be imposed.
http://www.hasil.gov.my/bt_goindex.php?bt_...sequ=7&bt_lgv=2
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BE, freelancer

Tax amount a bit high but income no good these few months.

Thinking to pay half first, in the process of getting some loan from my siblings. If success then can settle the rest by the end of the month.

Still, no sure what code to use. Previously paid in one payment, using code 095.
icemessenger
post Apr 18 2021, 09:49 AM

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dear sifu,

i had this freelance designing job for an oversea company last year, fee was usd600, but was paid in euro via paypal (around 500 euro), but actual money received is around 480 euro (after deduct the paypal fees), and finally around myr 2200 after transferred to local bank.

how much should i declare? is it the myr 2200?
icemessenger
post Apr 18 2021, 11:41 AM

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QUOTE(thecurious @ Apr 18 2021, 10:57 AM)
Maybe can think this way? For normal non special local situations etc, do you declare the amount in your contract or the net amount you received in your bank account?
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this one no contract but i got what u mean, so it should be 600 usd? any idea how can i find out the 2020 exchange rate?
icemessenger
post Apr 18 2021, 11:47 AM

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QUOTE(thecurious @ Apr 18 2021, 11:43 AM)
try searching bank negara exchange rate.
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thanks!

 

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