Musings and light-hearted tales of my hobbies (photography, cars) and anything else that warrants mention....
Income Tax Forms are Out for 2011 Tax Returns
Hey, hey! Barely two weeks into the new year, and we're greeted with news that the Inland Revenue Board (or Jabatan Hasil Dalam Negeri, in the local language) has started sending out the (in)famous Form BE to eligible taxpayers who have not yet migrated to the e-Filing system. So reports that Star at http://www.thestar.com.my/news/story.asp?file=/2011/1/12/nation/7778153&sec=nation, also here at http://www.hasil.gov.my/pdf/pdfam/NEWS.pdf.
Great - all we need now is the EA form from our employer (applicable for those of you who are employed, like myself). For business owners, the procedure is slightly different. For those of you who are new at this and need more information, or old hat in need of refresher (after all, we only do this ONCE a year), do check out the IRB website at : http://www.hasil.gov.my
Do remember that our Malaysian Postal Service does has a finite *bandwidth*, similar applies to the e-Filing server. Make it a point to submit your returns as early as possible, to avoid last minute jamming that happens each year, as the deadline for Form BE submission as always is 30 April. You know that holding off submission will not reduce the taxes that we have to pay, so why wait until the eleventh hour?
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