When happens when there is an increase in tax and you are behind on your tax payment?
Well, you have to pay up what you owe to the Lembaga Hasil Dalam Negeri (LHDN) or the Inland Revenue Board Of Malaysia.
When you make your payment, you also have to submit the Form CP147.
Borang CP147 is a Remittance Slip for Payment of Increase In Tax.
Inside the form, you are required to fill in the following information:
- Reference number of the company or individual receiving the payment
- Income tax number
- Name of payer
- Postal address
- Contact number
- Payee reference number
- Name of payee
To download the Form CP147 in PDF format, please click on the link below.