The Number Of Taxpayers Filing Tax Online Is Increasing
Author Avatar

 

The Number Of Taxpayers Filing Tax Online Is Increasing(Image: MalaysiaKini)

The Inland Revenue Board (IRB) has said that more people choose to file taxes using the online e-filing system this year, as compared to over-the-counter submission.

According to IRB communications division director Syarein Abu Samah, up to 2.77 million BE forms were submitted through e-Filling as of 14 May this year, the day before the e-Filing deadline. That is a 9.15% increase compared to the same period last year.

“This is a good sign as it has shown that the public is beginning to put their trust in the credibility of the tax system in Malaysia, especially in IRB’s online services,” Syarein said. Since its introduction in 2005, the online system has allowed taxpayers to save a lot of time and money. Human error would also be minimised.

(Image: The Star)

Syarein also added that taxpayers need to make sure the information provided is accurate to aid the refunding process. Another factor that might hinder the process is when there is a need for further review by audit and investigation.

Taxpayers will receive their tax refund within 30 days after filing it online while it takes as long as 90 days for manual tax filing.

(Source: The Star)

 

0 0 votes
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Most Viewed Articles
Post Image
Personal Finance News
How To File Your Taxes For The First Time
Alex Cheong Pui Yin
- 18th March 2024
If you’ve just entered the workforce, here’s a handy guide on how to file your taxes for the first time.
Post Image
Personal Finance News
Malaysia Personal Income Tax Guide 2024 (YA 2023)
Alex Cheong Pui Yin
- 5th April 2024
Welcome back to another edition of our comprehensive annual income tax guide, this time to help you out […]
Post Image
Personal Finance News
Everything You Should Claim As Income Tax Relief Malaysia 2024 (YA 2023)
Alex Cheong Pui Yin
- 5th April 2024
All Malaysians who earn an annual income of more than RM34,000 are obligated to file and pay taxes […]
Post Image
Personal Finance News
How To File Your Taxes As A Freelancer
RinggitPlus
- 18th March 2024
Doing your taxes as a freelancer is not that hard to do, especially with this handy guide we’ve prepared for you!

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image