Despite our continuous reminders, many employers still make common mistakes such as:

✅ Late or non-submission to notify IRB about new employees.
✅ Late or non-submission to notify IRB about resigning employees.
✅ Providing incorrect information.

Starting January 1, 2024, IRBM mandates online submission of Form CP21 via MyTax for employees leaving Malaysia for over 3 months. Employers must submit this form 30 days before departure.

Penalties for non-compliance include employers being liable for their employees’ unpaid taxes, recoverable by the government through civil proceedings. Additionally, failure to comply under subsection 83(2) of ITA 1967 can result in fines up to RM20,000, imprisonment up to 6 months, or both.

Stay compliant and avoid penalties by diligently 👈 .

Read the full content in our KTP blog
https://lnkd.in/gQUVp5gq