Personal Income Tax

2016 GuidePART 10

Malaysia Taxpayer’s Responsibilities

Other than truthfully declaring your income and reliefs, and

submitting your tax files before the deadline stipulated by

LHDN, taxpayers are also responsible for record keeping.

Taxpayers are required to keep the following documents for

seven years from the end of the year in which the Income

Tax Return Form (ITRF) is filed:

EA/EC Form

Original dividend vouchers

Insurance premium receipts

Books purchase receipts

Medical receipts

Donation receipts

Zakat receipts

Children’s birth certificates

Marriage certificate

Other supporting documents

Working sheets (if any)

This is extremely important as LHDN has the

right to request for any supporting documents

for taxes paid previously.

So if you’re filing for reliefs, make sure you keep

your documents!

Failure to produce the supporting documents

during a tax audit can result in tax penalty of

RM300 to RM10,000, or imprisonment, or both!

With this handy guide, we hope we have

answered most of your basic income tax filing

questions in Malaysia.

Thank You…SOURCE : WWW.IMONEY.MY/ARTICLES/INCOME-TAX-2016/MALAYSIA-TAXPAYERS-RESPONSIBILITIES