Before a company pays a yearly income tax, the Lembaga Hasil Dalam Negeri (LHDN) or the Inland Revenue Board Of Malaysia requires that organisations submit an estimated taxable income figure. The estimated figure has to be filled in Form CP204 (Estimate of Tax Payable by Companies, Co-operative Societies and Trust Bodies). In Bahasa Malaysia, the Borang [...]
Form CP207 is actually a Remittance Slip for Companies, Co-operative Societies or Trust Bodies that you have to submit to the Lembaga Hasil Dalam Negeri (LHDN) or the Inland Revenue Board Of Malaysia. It is a simple slip which you have to fill in the following information: Income tax number Payment code Installment number Year of assessment [...]
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 [...]