Jan 27 2021, 12:35 AM
QUOTE(contestchris @ Jan 25 2021, 12:41 PM)
I start working in 2018. That year, no PCB tax deduction as my income just below the threshold to need pay tax.
In 2019, after increment, PCB deduction start. But I never filed returns for 2018 thinking I didn’t need to as I didn’t need to pay taxes.
In 2020, PCB deductions increase Liao. I wanted to file returns for YA 2019, but then I realised even if I file and claim some relief, I will get a couple of hundred only refund and was not worth the hassle.
In 2021, this year, I will definitely file returns for YA 2020. I have my efiling pin all sorted.
Question is, can I only start filing for 2020 and ignore previous years? It is not a case of cheating or anything. If anything LHDN would owe me money for refund due to relief claimed.
I didn’t have malicious intent, just the system seem too complicated in my initial years of working and I took things lightly.
Pls advise guys.
Had a few friends with the same issue. Mainly because they didnt know need to declare income tax. And mind you, these ppl are earning 15-20k+ monthly. I think our schools failed us by not even educating on such basic stuff In 2019, after increment, PCB deduction start. But I never filed returns for 2018 thinking I didn’t need to as I didn’t need to pay taxes.
In 2020, PCB deductions increase Liao. I wanted to file returns for YA 2019, but then I realised even if I file and claim some relief, I will get a couple of hundred only refund and was not worth the hassle.
In 2021, this year, I will definitely file returns for YA 2020. I have my efiling pin all sorted.
Question is, can I only start filing for 2020 and ignore previous years? It is not a case of cheating or anything. If anything LHDN would owe me money for refund due to relief claimed.
I didn’t have malicious intent, just the system seem too complicated in my initial years of working and I took things lightly.
Pls advise guys.
Good news is, LHDN wont bother you. As long as you pay quite a sum of income tax and you never declare, means they get to keep your tax refund. In these cases, it’s almost a win-win situation for them.
Anyway, these friends of mine managed to find someone to help them out. This lady helped them declare all the previous years income tax, as long as you kept a record of all your ea forms or salary slips (from when you started working). Once she files for you, lhdn will start processing your tax refunds (starting from previous years till to date). Most of the time, the penalty will be taken out of your final tax refund. If your income tax is not enough, then you’d have to pay.
One of them was earning about 20k+ a month and working for 10 years+, never filed once. No issues there because lhdn gets to keep all his tax refunds. Once he started filling, he managed to get a tax refund of almost rm13k+ back (after deducting penalties).
Edit: cause i didnt read all the comments. No, you will not get fined. Good job though!
This post has been edited by borgeouisbella: Jan 27 2021, 12:37 AM
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