PUTRAJAYA (Aug 24): The Inland Revenue Board (IRB) today reminded individual taxpayers with business income to submit form B for their assessment year 2019 by Aug 31. For guidance, taxpayers can refer to the Filing of Tax Returns for the Year 2020 through the following links:http://lampiran1.hasil.gov.my/pdf/pdfam/ProgramMemfailBN_2020_Pin.3_1.pdf andhttp://lampiran1.hasil.gov.my/pdf/pdfam/ProgramMemfailBN_2020_Pin.3_2.pdf. To help individual taxpayers in this category to fill out their Income Tax Return Form, there is also a list of tax relief for the year of assessment 2019 which can be accessed from the IRB's official portal at www.hasil.gov.my > Individuals > Tax Relief, the IRB said in a statement today. It also asked taxpayers to fill in their personal and banking information accurately for a smooth tax refund process. "Processing of overpaid tax refunds has always been a priority of the IRB in ensuring that every eligible taxpayer will receive their tax refund within the stipulated period," he said.

Source: The Edge Markets August 24, 2020 07:18 UTC