IRB Releases A Taxpayer Roadmap To Present Earnings Tax Processes

The Inland Income Board (IRB) has launched a “Taxpayer Roadmap” for the good thing about most individuals. The roadmap reveals a taxpayer’s journey – from the essential processes like submitting taxes to the extra troublesome procedures like appeals and litigation.

The Taxpayer Roadmap breaks down the earnings tax journey into eight steps. Most taxpayers are already aware of the primary two steps: tax return preparation and tax return processing. Whereas not all taxpayers have set off to fret regarding the remaining, the roadmap furthermore particulars additional earnings tax processes regarding audit, investigation, tax assortment, civil restoration, jail prosecution, and appeals.

“It was developed to make sure and improve the taxpayer’s confidence on the transparency of each motion taken by the IRB,” stated the Inland Income Board in an announcement. “The IRB Taxpayer Roadmap furthermore helps the IRB officers know the parameters and relationship of their duties with completely completely different officers, thus facilitating the monitoring of the standing of their duties and bettering their service present.”

The Taxpayer Roadmap, which was launched by Finance Minister Lim Guan Eng, is available on the market for obtain in each BM and English on the IRB portal. It will even be made obtainable at IRB service counters.

(Present: Bernama)

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