The Companies are to file their tax returns to the Processing Centre (Pusat Pemprosesan) of the IRB within 7 months from the end of the accounting period. For example; for a company with financial year ended 31.12.2015, the deadline to file the tax return to the IRB would be by the 31.07.2016. With effect from Year of Assessment 2014, Companies are required to furnish their tax returns based on audited accounts and submit via electronic medium or by way of electronic transmission to the IRB.
The address of the Processing Centre is:
Lembaga Hasil Dalam Negeri
Level 7, No.3
Jalan 9/10, Seksyen 9
43650 Bandar Baru Bangi, Selangor
Tel: 03 – 8913 3800
Members of the Institute as well as the public would be able to obtain the latest updates on matters concerning taxation via the Institute’s website under the ‘Professional Practices & Technical’ heading, i.e, circulars, articles and information relating tax matters. In addition, the latest updates can also be obtained from the relevant government authorities and bodies such as the Treasury (www.treasury.gov.my), IRB (www.hasil.gov.my), Royal Malaysian Customs (www.customs.gov.my), MITI (www.miti.gov.my), MIDA (www.mida.gov.my) and so forth.
Members of the Institute as well as the public would be able to obtain tax return form from the IRB’s website under the heading of ‘Download’. However, please note that all taxpayers and individuals, are encouraged to file their tax returns via e-Filing.
Unit 33-01, Level 33, Tower A, The Vertical, Avenue 3, Bangsar South City,
No.8 Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia.
The use of the word ‘Accountant’
In Malaysia, the word ‘Accountant’ is protected as provided for under the provisions of the Accountants Act 1967 which states that no one can hold himself out or practise as an Accountant unless he is registered as a member of the Malaysian Institute of Accountants.
‘The Malaysian Institute of Accountants is committed to the observance and practice of the highest ethical standards of the accountancy profession. All PC holders are reminded that under the MIA By-Laws (On Professional Ethics, Conduct And Practice), no person shall practice or hold out anything on audit/tax services without a license approved by the Ministry of Finance. Every PC holder is therefore expected to comply fully with Section B200.1 to B200.6 of the MIA By-Laws (On Professional Ethics, Conduct And Practice) failing which, you may be held liable for unprofessional conduct and disciplinary action may be taken against you.’