On Jan. 1, 2025, MLY Tax said 2025 Statement form (BN) filing program has been uploaded on portal as a reference and guide for taxpayers to submit BN in 2025.
MLY Tax will no longer accept BN submissions manually/paper forms either at the counter or by post; failing to submit BN may result in action under Income tax act.
Employers are encouraged to submit details of employee remuneration, deductions via e-CP8D on/before Feb. 25, 2025; from year of assessment 2025 taxpayers in company and limited liability partnership categories who have submitted BN must do the below.
They must provide additional data and submit documents prescribed by the Director General of Inland Revenue under act within 30 days after the deadline for submission of the return form as follows - audited financial statements / management accounts.
In addition, tax calculation; complete schedule of capital allowances and charges of schedule 3 of act claimed; complete calculation of claimed incentives (if applicable).
Document dated Jan. 1, 2025, received from MLY Tax Jan. 2, summarized Jan. 7.
On Feb. 29, MLY Tax informed of e-filing services for certain forms.
MLY Tax said e-filing services for assessment year 2023 will open from Mar. 1, 2024.
E-Filing
Submission of forms E, BE, B, M, BT, MT, P, TF and TP will be starting Mar. 1, 2024.
Reminds of mandatory submission of return forms using e-filing service, see #182675.
Taxpayers can prepare in advance by collecting documents such as their income statements, receipts, invoices and other documents related to income tax to file forms.
Explained activation of individual digital certificates for users logging in for first time.
Listed the deadlines for submission of forms for different types of businesses.
Mar. 2024 e-CP8D Form
On Mar. 21, 2024, MLY Tax announced that starting from the year of assessment 2023, the submission of Form E as well as Statement C.P.8D is mandatory via e-filing.
Submission of the aforesaid forms is only allowed through the roles of employers, employers' representatives or tax agent e-filing system (TAeF) for certified tax agents.
Document dated Mar. 21, 2024, received from MLY Tax Mar. 22, summarized Mar. 26.
Apr. 2024 Deadline Extended
On Apr. 26, 2024, MLY Tax extended the submission deadline of forms E and C.P.8D to May 31, 2024 for assessment year 2023, to ensure enough time for forms to be filed.
Jul. 2024 Form BN TT 2023 Deadline
On Jul. 5, 2024, MLY Tax announced the deadline for the submission of declaration form (BN) by e-filing for 2023 has been extended from Jun. 30, 2024 to Jul. 15, 2024.
Taxpayers are advised to report income by submitting the e-form and to make any payments within the specified period to avoid any penalties and tax increases.
Jan. 2025 Statement Form and e-CP8D
On Jan. 1, 2025, MLY Tax said 2025 Statement form (BN) filing program has been uploaded on portal as a reference and guide for taxpayers to submit BN in 2025.
MLY Tax will no longer accept BN submissions manually/paper forms either at the counter or by post; failing to submit BN may result in action under Income tax act.
Employers are encouraged to submit details of employee remuneration, deductions via e-CP8D on/before Feb. 25, 2025; from year of assessment 2025 taxpayers in company and limited liability partnership categories who have submitted BN must do the below.
They must provide additional data and submit documents prescribed by the Director General of Inland Revenue under act within 30 days after the deadline for submission of the return form as follows - audited financial statements / management accounts.
In addition, tax calculation; complete schedule of capital allowances and charges of schedule 3 of act claimed; complete calculation of claimed incentives (if applicable).
Document dated Jan. 1, 2025, received from MLY Tax Jan. 2, summarized Jan. 7.
Regulators
MLY Tax
Entity Types
Auditor; Corp
Reference
Nt, HASiL/2025/01/01-02, PR 1/1/2025; Nt HASiL/2024/07/05-50, PR, 7/5/2024; Nt HASiL/2024/04/26-25, PR 4/26/2024; PR 3/21/2024; PR HASiL/2024/02/29-12, 2/29/2024
