e-filing extended to 15 May 2015

e-filing extended to 15 May 2015

The Inland Revenue Board (IRB) has to date received 2,191,981 Income Tax Return Forms (BNCP) or Form BE for Year of Assessment 2014 through e-Filing.

Deputy Finance Minister Datuk Ahmad Maslan said the amount which was recorded up to 8.30am today showed an increase of 2.29 per cent compared to the same period last year.

He said, the IRB has targeted four million taxpayers to use e-Filing this year compared to 3.8 million last year.

Ahmad said the deadline to submit the BE Form for Year of Assessment 2014 has been extended from April 30 (tomorrow) to May 15.

“This additional period applies to the tax balance payment under Subsection 103(1) of the Income Tax Act 1967. The May 15 deadline does not apply to taxpayers who prefer to fill up the BE form manually because that deadline remains April 30,” he said.

Ahmad said, the IRB has targeted to collect RM142 billion in taxes this year compared to RM134 billion last year.

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