The Inland Revenue Board (LHDN) has released a statement saying that individual taxpayers with no business income will have to adhere to the usual 15 May online submission deadline.

According to LHDN, there are no plans to grant an extension on the deadline for online submissions following the expiry of the earlier 30 April deadline for manual tax filing. Similarly, those earning a business income will have to adhere to the usual e-Filing deadline of 30 June.

“The due date and grace period for submission of income tax return forms has been clearly stated in the Return Form Filing Programme for the Year 2021 through LHDN’s official portal,” LHDN said in a statement.

“No further extension will be given,” the tax board concluded. In comparison, LHDN had actually extended the deadline for submission of tax returns in 2020 due to the nation’s first movement control order; individuals without a business were allowed to file returns via e-Filing up until 30 June 2020 while those with a business also had an extended e-Filing deadline of up until 30 August 2020.

As at 5 May, LHDN has received around 2.59 million income tax returns forms from individuals with no business income via e-Filing, showing an increase of 73% compared to the same period last year. The inland revenue board noted that taxpayers who do not file their tax returns on time could face fines between RM200 and RM20,000 or imprisonment not exceeding six months or both upon conviction; or a penalty equal to three times the amount of tax payable if no prosecution is instituted.

For those who have yet to file their income taxes for YA2020, you can always check out our handy guide on how to do so or take a look at all the tax reliefs that you could claim for.

(Source: The Star)

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• Income Tax Deadlines
• Income Tax YA2020
• Inland Revenue Board
• IRB
• Lembaga Hasil Dalam Negeri
• LHDN