IRB to accept only online submissions for monthly tax deductions from Sept 1
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Beginning Sept 1, the Inland Revenue Board of Malaysia (IRBM) will no longer accept manually submitted Form CP39 (Statement of Monthly Tax Deduction), Compact Disk (CD/DVD), Flash Drive and Diskette as well as cash and cheque payments of the Monthly Tax Deduction (MTD) from employers. This is in line with the government’s effort to increase the usage of online payment, the government agency said in a statement today.
Employers may only use the e-PCB, e-Data PCB or e-CP39 methods provided through the ezHasil sub-menu on IRBM’s official portal www.hasil.gov.my for submission of the Statement of Monthly Tax Deduction or employees MTD data for the month of August 2019 and for subsequent months
employers are required to do this for their employees using online payment (e-payment) methods such as Financial Process Exchange (FPX), internet banking, internet GIRO transfer or via cheque deposit at CIMB Bank. IRBM said employers are advised to adhere to this new provision to ensure that the submission of employees’ personal data and MTD payment can be made within the stipulated time to avoid compound on late remittance.
Source : https://www.theedgemarkets.com/article/irb-accept-only-online-submissions-monthly-tax-deductions-sept-1[/vc_column_text][/vc_column][/vc_row]