1. Property Assessment Tax
1.1. Tax levied on all holdings or properties to cover municipal expenses (rubbish collection, drain cleaning etc.)
1.2. Collectors : - Local authority (Municipal council / District council)
2. Quit Rent
2.1. Tax levied on the owner of
2.1.1. Agricultural land
2.1.2. Corporate land
2.1.3. Land with building
2.2. Interpreted as Lease under Section 5 of National Land Code 1965
2.3. Collectors : - State land authority / State Land Office
3. Sales and Service Tax
3.1. Sales Tax
3.1.1. Tax levied only once on various taxable goods at the stage if manufacturing or during importation
3.1.2. who should register?
3.1.2.1. Manufacturers or importers with sales value of taxable goods exceeding RM500 000 per annum
3.2. Service Tax
3.2.1. Tax levied on consumer who receives taxable services
3.2.2. who should register?
3.2.2.1. Service providers with value of taxable services exceeding threshold of RM500 000 per annum
3.2.2.2. Food and beverage service providers with value of taxable services exceeding threshold of RM1 500 000 per annum
3.2.3. Must be collected from the customer who receives the services
3.2.3.1. Tax collected by the service providers will be paid to the government within a designated period
3.3. not imposed in tax-free territories (Langkawi Island and Kelantan)
3.4. Collectors : - Royal Malaysian Customs Department (RMCD) - Malay Jabatan Kastam Diraja Malaysia (JKDM)
4. Income Tax
4.1. Imposed on income earned by
4.1.1. Salaried individual
4.1.2. Company operating in Malaysia
4.2. Salaried individual & Profitable company
4.2.1. required to register as
4.2.1.1. taxpayer
4.2.1.2. assess annual income
4.2.1.3. pay income tax manually
4.3. All income, tax exemption, tax reduction , tax relief and tax rebate are reported
4.3.1. by submitting
4.3.1.1. Income Tax Return Form, ITRF (Borang Nyata Cukai Pendapatan, BNCP)
4.3.1.1.1. by
4.4. Self -Assessment system is implemented
4.4.1. Taxpayers should make self-assessment, keep records and pay a certain amount of tax.
4.4.1.1. Self-Assessment (making own income tax calculation)
4.4.1.1.1. Assessment is made for the previous year
4.4.1.1.2. Deadline for submission of ITRF and tax payment
4.4.1.2. Keep Records
4.4.1.2.1. All documents (forms & original copy of receipts must be kept for 7 years.
4.4.1.3. Payment
4.4.1.3.1. Can be made in a lump sum to the Inland Revenue Board (IRB) or through monthly tax deduction (PCB)
4.5. Collectors: - Inland Revenue Board (IRB) - Malay Lembaga Hasil Dalam Negeri (LHDN)
5. Road Tax
5.1. Tax levied on road user who owns vehicles
5.2. Must be paid before the existing road tax expires
5.3. Vehicles with expired road tax of more than a year
5.3.1. Send to Puspakom for inspection.
5.3.1.1. Puspakom inspection report and tax payment must be submitted to Road Transport Department
5.3.1.1.1. Road tax will then be reactivated
5.4. Road tax not paid
5.4.1. Vehicle is not allowed to be on the road