KUCHING, April 5 ― The Inland Revenue Board’s (IRB) Special Voluntary Disclosure Programme (PKPS) starting June will allow taxpayers who have not paid or declared their...
KUCHING, April 5 ― The Inland Revenue Board’s Special Voluntary Disclosure Programme starting June will allow taxpayers who have not paid or declared their income in past years to do so without incurring penalties.
He said the programme will run from June 1, 2023 until May 31, 2024 as stated by Prime Minister Datuk Seri Anwar Ibrahim when presenting Budget 2023 in Parliament. “The IRB will accept what has been reported by you, and the years in which they report voluntarily will not be audited again, which we will close the final count for the years in question.”
“This means that anyone can contact or come to any IRB branch to do this declaration of taxes voluntarily without any imposition of a penalty or at a rate 0 per cent,” he said.
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