Form BE

Individual with single status who receive employment income in more than RM34,001 per year (after EPF deduction)

Married individuals and unemployed spouses who receive employment income in excess of RM46,001 per year
But it is recommended that any income must be reported

Manual filing: 30 April of each year

E-Filing: 15 May of each year

If you submit your Form BE late, you will be penalized.
LHDN will then send you an assessment notice, you must pay within 30 days after the date of notification any additional taxes, including those who did not pay the original amount.

Income tax number registration can be done by :

1. Online via e-Daftar at https://edaftar.hasil.gov.my; or
2. Manually at the nearest Inland Revenue Board of Malaysia (IRBM) office.

Yes, you need to submit your annual income via e-Filing or manually if you are not subject to the MTD as the Final Tax.

In the absence of other income, the total amount paid by the PCB can be regarded as the final tax.

If your only income comes from Singapore and is already taxed in Singapore, it will not be taxed in Malaysia as of now.

***Foreign Income tax exemption will be delayed from 1/1/2022 to 31/12/2026

If it is only part-time income, just prepare and fill in the amount of income according to the company's Form EA & tax deduction expense slip.

Form B

Manual filing: 30 June of each year
E-Filing: 15 July of each year

If you submit your Form B late, you will be penalized.
LHDN will then send you an assessment notice, you must pay within 30 days after the date of notification any additional taxes, including those who did not pay the original amount.

The original documents must be kept for at least 7 years as evidence and reference required by LHDN.

If you fail to maintain proper business records, you may face penalties ranging from RM300 to RM10,000 or even imprisonment.

It depends on your income source, If you're an independent agent, the income is considered business income, and you should declare it using Form B.

Commission income is seen as business income, and you need to fill out Form B to report this income.

CP500 is a tax installment scheme designed by the Inland Revenue Board Malaysia (LHDN) for taxpayers to report their other forms of income like rental income, royalties, or other business earnings. It is also known as a “Prepayment of Income Tax by Instalment” or “Notis Bayaran Ansuran”.

The CP500 notice is usually sent to taxpayers in February and the deadline for payment is usually in May.

You can verify this through the e-ledger on the IRBM's website.
To access this service, you'll need to enter your e-filing user ID and password

You can rectify the figure by submitting the CP502 form to your specific income tax before June 30th.

For each partnership, the partner is responsible for filling out the Form P and issuing Form CP30 to every partner.

CP30 is a statement of apportionment of partnership income for each partner. The Form CP30 has to be provided to each partner to enable them to declare their partnership income in Form B.

The rental income may be subject to business taxation if the property owner actively and comprehensively provides maintenance or support services for the rental property.

These services should be actively managed and directly provided by the property owner, rather than being passively or incidentally derived from property ownership or leasing.