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B3 TAX CALENDAR

Due Date
1. Forms and Returns
Submission of Form E to the Inland
Revenue Board (IRB)
By 31 March of the following year
To deliver Form EA to employee By the last day of February of the following year
Submission of Tax Returns
Form BE, B, BT, M, MT, P, TF, TJ,
TP
By 30 April of the following year for a person not
carrying on a business. For a person carrying on a
business such as sole proprietor, club, association
and Hindu joint family, the tax filing deadline is 30
June of the following year. The tax filing deadline
for partnerships (excluding limited liability
partnerships, LLPs) is also 30 June of the following
year
With effect from Y/A 2014, an individual with
Monthly Tax Deductions (MTD) made by his
employer for a year of assessment which is
deemed equivalent to the tax payable for that year
of assessment will be exempted from filing of
annual tax returns (2014 Budget)
Form C, R, TA, C1, TC, TR, TN, PT
Within 7 months from the date following the close
of its accounting period
2. Amended Return Form
Submission of Amended Return Form
Within 60 days from the statutory due date for
submission of tax return (subject to an increase in
tax of 10%)
After the period of 60 days but not later than 6
months from the statutory due date for submission
of tax return (subject to an increase in tax of
15.5%)
3. Deductions from Remuneration
Employers must remit to the IRB the tax
deducted from employees remuneration

As directed by IRB
By the 10th day of the following month
Under the MTD scheme
By the 10th day of the following month

TAX CALENDAR AND REMINDERS
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Due Date
4. Estimate of Tax Payable
Individuals

Estimate of tax payable is determined by
the IRB. Tax in respect of employment
income is excluded in determining the
estimate

Trust bodies and co-operative societies

Every trust body and co-operative society
must furnish an estimate of its tax payable

30 days before the beginning of the basis period
For trust bodies and co-operative societies
which first commence operations

Within 3 months from date of commencement of
operations
Y/A 2011 onwards


For trust bodies and co-operative societies
which first commence operations

Within 3 months from date of commencement of
operations only if the basis period for that year is
not less than 6 months
Companies (including Business Trusts
effective 28 December 2012)

Every company must furnish an estimate of
its tax payable
30 days before the beginning of the basis period
For companies which first commence
operations
Within 3 months from date of commencement of
operations
Y/A 2008 onwards

Every Small and Medium Enterprise (SME)
must furnish an estimate of its tax payable
First 2 years of assessment from the date of
commencement of operations: exempted
Third year of assessment onwards: 30 days before
the beginning of the basis period
Y/A 2011 onwards

For companies (except SME) which first
commence operations
Within 3 months from date of commencement of
operations only if the basis period for that year is
not less than 6 months
Limited liability partnerships (LLPs)
(effective 26 December 2012)

Every LLP must furnish an estimate of its
tax payable
30 days before the beginning of the basis period
For LLPs which first commence operations
Within 3 months from date of commencement of
operations only if the basis period for that year is
not less than 6 months



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Due Date
5. Variation of Estimate of Tax Payable
Individuals
By 30 June of the relevant year of assessment
Companies, trust bodies, co-
operative societies and limited
liability partnerships
In the 6th and 9th months of the basis period
6. Tax Instalments
Taxpayers must remit to the IRB
monthly/bimonthly tax instalments as per
instalment scheme
Individuals




Within 30 days of the due date of instalment
Companies, trust bodies, co-
operative societies and limited
liability partnerships
By the 10th day of every month beginning from the
2nd month of basis period
SME Y/A 2007 and prior years: by the 10th day of every
month beginning from the 2nd month of basis
period
Y/A 2008 onwards: first 2 years of assessment
from the date of commencement of operations:
exempted; third year of assessment onwards: by
the 10th day of every month beginning from the
2nd month of basis period
7. Notice of Objection/Appeal

Notice of objection/appeal against an
assessment must be lodged with the IRB
on being served with:
(i) a notice of assessment, deemed
notice of assessment, notice of
additional assessment or reduced
assessment;


Within 30 days
Upon coming into operation of the Finance (No. 2)
Act 2013, the appeal to the Special
Commissioners of Income Tax is not applicable to
the deemed notice of assessment under S. 90(1)
of the ITA 1967 or S. 91A of the ITA 1967 except
where the taxpayer is aggrieved by the deemed
assessment as a result of complying with public
ruling issued by the Director General (2014
Budget)
(ii) advance assessment under S. 92 of
the ITA 1967

Within 3 months
(iii) notification of non-chargeability
Within 30 days
8. Withholding Taxes
Income tax must be withheld from:
Contract payments;
Interest;
Within 1 month of payment/crediting


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Due Date
Royalties;
Special classes of income;
Remuneration of public entertainers;
and
Gains or profits falling under S. 4(f)
of the ITA 1967
made to non-resident persons and
remitted to the IRB with the prescribed
form

Income tax must be withheld from:
Distribution of income of a unit trust
(applies to income of a unit trust
exempted under S. 61A of the ITA
1967); and











Within 1 month of distributing/crediting
Distribution of income of a takaful
operator
to unit holders / participants (other than a
resident company) and remitted to the
IRB with the prescribed form
Income tax must be withheld from
payment of withdrawal of contribution
made by a private retirement scheme
provider to an individual before reaching
the age of 55 and remitted to the IRB
with the prescribed form





Within 1 month of payment
9. Payment of Tax Assessed
(i) Individuals

The tax assessed less the instalments
paid under S. 107B of the ITA 1967
and/or amounts deducted under the
MTD scheme must be settled by the
due date

By 30 April of the following year for individuals
without business income
By 30 June of the following year for sole proprietor,
club, association or Hindu joint family who is
carrying on a business
(ii) Companies, trust bodies, co-
operative societies and limited
liability partnerships



The tax assessed less the instalments
paid under S. 107C of the ITA 1967
must be settled by the due date

The last day of the 7th month from the financial
year end

10. Commencement of Employment


An employer who commences to employ an
individual likely to be chargeable to tax is
required to notify the IRB by completing
Form CP22

Within 1 month from date of commencement of
employment
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Due Date
An individual who first arrives in Malaysia
and is chargeable to tax

Within 2 months from date of arrival

11. Cessation of Employment


An employer is required to notify the IRB of
the cessation of employment of an
employee by the completion of Form
CP22A unless the employee is on the MTD
scheme or whose income is below the
minimum amount for the MTD scheme, and
the employee is not retiring from
employment permanently

Not less than 1 month before the date of cessation
12. Departure from Malaysia for a Period
Exceeding 3 Months


An employer is required to notify the IRB of
departure of an employee from Malaysia for
a period of more than 3 months by the
completion of Form CP21

Not less than 1 month before the expected date of
departure
13. Moneys to be Withheld on Cessation of
Employment and Departure from
Malaysia


Employers are required to withhold
payment of any moneys payable to
employees who have ceased or about to
cease to be employed, or who are about to
leave Malaysia for a period exceeding 3
months

To withhold for 90 days or until tax clearance is
received, whichever is earlier
14. Change of Address
Every chargeable person who changes
his/her address in Malaysia for another
address in Malaysia must inform the IRB by
submitting a prescribed form (Form
CP600B)

Within 3 months from the date of the change of the
address
15. Notification of the Demise of Taxpayer
Executors or administrators are required to
submit a prescribed Form CP57 to notify
the IRB of the death of a taxpayer

Upon appointment of the executor / administrator
of the estate of the deceased person

With effect from 27 Jan 2011, assessments and
additional assessments must be issued by the IRB
within 3 years after the end of the year of
assessment in the basis year for which:
the Director General is informed by the
executor of the death of a taxpayer using the
prescribed Form CP57;
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Due Date
the estate duty affidavit (if any) was filed in
Malaysia with respect to any part of the
individuals estate; or
where such an estate duty affidavit has been
filed, the last of any corrective affidavits
relating to that estate duty was filed,
being the basis year in which the last of those
events took place.

16. Payment Made to an Agent, Dealer or
Distributor

Every company must furnish a prescribed
Form CP58 to its agents, dealers or
distributors for payment of incentive made
in a particular year:

for calendar year 2011 By 31 May 2012
for calendar year 2012 onwards By 31 Mar of the following year
Note: IRB refers to the Inland Revenue Board; and ITA 1967 refers to the Income Tax Act 1967.