Extensions of filing and payment deadlines by IRB, CCM, EPF, HRDF and RCMD!

MCO extended, companies closed for temporary, my account department cannot cope with their workload, my company has no income?? 

Check out the extension for payments and returns by the relevant government authorities!!!

01Inland Revenue Board

Extensions for submission of Returns

Extensions for submission of Form C

Are you eligible for a deferment on CP204 instalment paymentfor 3 months beginning April 2020 until June 2020? Let’s scroll down and find out together….

02Royal Customs Malaysia

03Companies Commission of Malaysia

For Companies’ financial year ended from September 2019 to December 2019, you are eligible for an extension on circulation and submissions of audited financial statements upon application to SSM.

04Others payments – Payroll related

05Frequent Asked Questions FAQ

1. Who is eligible? All type of business qualified as SMEs

Who is eligible?

• All type of business qualified as SMEs

1. What is the business criterion for SME? -Paid-up ordinary share capital less than or equal to RM2.5 million at beginning of basis period for a YA Gross business income of RM50 million or below

What is the business criterion for SME? -

• Paid-up ordinary share capital less than or equal to RM2.5 million at beginning of basis period for a YA
• Gross business income of RM50 million or below

1. How to determine? The IRB will determine based on data from the income tax return of YA 2018.

How to determine?

• The IRB will determine based on data from the income tax return of YA 2018.

1. When you are required to settle deferred payments of CP204? Taxpayers do not need to pay the deferred instalments. The balance of tax (if any) will be settled upon the submission of income tax return.

When you are required to settle deferred payments of CP204?

• Taxpayers do not need to pay the deferred instalments.
• The balance of tax (if any) will be settled upon the submission of income tax return.

1. How the SMEs will be notified if they are eligible? Entitled SMEs will be notified by e-mail registered under IRB.

How the SMEs will be notified if they are eligible?

• Entitled SMEs will be notified by e-mail registered under IRB.

1. What if the SME does not receive the notification e-mail from IRB?The SME do not require to make the instalment payment which is due on 15 April 2020, as long as it has the SME business criterion mentioned above.

What if the SME does not receive the notification e-mail from IRB?

• The SME do not require to make the instalment payment which is due on 15 April 2020, as long as it has the SME business criterion mentioned above.

1. Can an SME appeal for the deferment on tax instalment payments? The SME can appeal by letter/e-mail to the Record Management and Taxation Information Division, and subsequently, The IRB will be sent notification email if appeal approved.

Can an SME appeal for the deferment on tax instalment payments?

• The SME can appeal by letter/e-mail to the Record Management and Taxation Information Division, and subsequently,
• The IRB will be sent notification email if appeal approved.

It is definitely not easy to run a business with so many deadlines to follow. I hope these table can ease your burden and helpful to you。

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