IRB no longer accepts cheques, MOPO as tax payment instruments

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IRB no longer accepts cheques, MOPO as tax payment instruments
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The Inland Revenue Board (IRB) is no longer accepting cheques and money orders/postal orders (MOPO) as instruments for direct tax payments.

It said in a statement today, however, an exemption was given to advance payments and instalments for audit, investigation and civil law cases using cheques/post-dated cheques submitted to IRB before Aug 1, 2023.Payment of a two per cent tax deduction against the payment of commission by the paying company to an agent, dealer or distributor under Section 107D of the Income Tax Act 1967 is also exempted from this rule involving MOPO, it said.

Carlsberg Golf Classic 2023 Swings Back into Action: The Ultimate #NEXTGEN Golf Tournament Kuala Lumpur: – The Carlsberg Golf Classic is back in June this year with the introduction of two digital golf legs to draw beginner golfers, who play off-course in indoor simulators, rebranding it as #NEXTGEN. Read more After Aug 1, direct tax payments at PPTH channels and collection agents using bill number or Tax Identification Number can be made via bank drafts or cash, it added.

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