Reminder: This is The Last Day to Submit Your Tax Return Forms in 2023
Disclaimer: This article should not be considered to be legal advice, and altHR is not liable for any actions taken based on this article. As of 1 July 2023, altHR no longer offers a Payroll module.
It's that time of year again — the time to search for your receipts, check your EA forms, and file for tax returns with the Lembaga Hasil Dalam Negeri (LHDN).
Previously, we've covered the important dates to note when it comes to preparing EA Forms for your employees, as well as important things to note when it comes to filing your taxes for the first time.
But today, we'll be quick and direct to the point. If you clicked on this article, you're probably reading this because you are still yet to file your taxes. Here's what you need to know.
Deadlines for Year of Assessment 2022
When filing your taxes for the Year of Assessment 2022, the deadlines as set by the LHDN are as following:
Individuals
- Form BE: 30 April 2023
- Form B: 30 June 2023
- Form M, MT, TF, TP, TJ: 30 April 2023 (for those that do NOT carry on business) & 30 June 2023 (for those that carry on business)
If you're panicking while reading the dates above for Form BE, fret not — there is still time left to file your taxes. The LHDN offers a grace period of 15 days from the deadline when filing via the e-filing method on the MyTax portal.
This means that the effective deadline to file your tax returns with Form BE is effectively the 15th of May 2023.
Meanwhile, it's important to note that for companies, limited liability partnerships, trust bodies, and co-operative societies, the deadline to file tax return forms is set within 7 months from the date following the close of the accounting period. This period constitutes the basis period for the year of assessment (more details here).
Important things to know when filing your taxes
In case you missed it, we've compiled a repository of useful resources to refer to when filing your taxes in Malaysia here on altHR Resources, including:
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