
LHDN flags 5,800 taxpayers for failure to submit income tax forms
30 Jul 2025 03:16pm
This ongoing monitoring aims to ensure voluntary and consistent tax compliance, in line with the principle of fairness in the country's taxation system.
KUALA LUMPUR - A total of 5,800 taxpayers have been identified for failing to submit their Income Tax Return Forms (BNCP) through the Inland Revenue Board of Malaysia's (LHDN) e-Invoicing monitoring system.
Following compliance actions aimed at taxpayers at risk of failing to report their income, LHDN reported that these individuals subsequently submitted their BNCP, declaring a total income of RM484 million, which contributed an additional RM82 million in tax revenue.
In a statement issued today, LHDN stated that since the implementation of e-Invoicing, it has been receiving data from individuals and companies conducting business transactions since August 1 of the previous year. The department has been actively monitoring taxpayer data verified in the MyInvois system.
This ongoing monitoring aims to ensure voluntary and consistent tax compliance, in line with the principle of fairness in the country's taxation system.
"As of today, LHDN has processed approximately 413 million e-Invoices, with over 83,000 taxpayers participating. This includes taxpayers from phases one to three, who are required to implement e-Invoicing, as well as voluntary participants from phases four and five,' the statement read.
LHDN expressed satisfaction with the positive response from taxpayers but emphasiaed that those whose grace periods have ended must fully comply with e-Invoicing guidelines.
Taxpayers are urged to maintain up-to-date records and ensure full compliance to avoid enforcement actions.
For assistance, LHDN offers dedicated advisory services, including a 24-hour helpdesk at 03-8682 8000, MyInvois Live Chat, and email support at myinvois@hasil.gov.my. Taxpayers can also visit LHDN offices or submit feedback via the MyInvois customer form at feedback.myinvois.hasil.gov.my. - BERNAMA
More Like This
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Barnama
4 hours ago
- Barnama
ACWA Power's Commitment Boosts Malaysia As Key Regional Energy Player
KUALA LUMPUR, Aug 6 (Bernama) -- ACWA Power's commitment to choose Malaysia to house its main hub in Southeast Asia has strengthened the country's position as a key player in regional sustainable energy and supports efforts toward a low-carbon economy, said Prime Minister Datuk Seri Anwar Ibrahim. Welcoming the world's largest water desalination company's decision to invest in clean energy infrastructure nationwide, Anwar said this is another positive development from the close cooperation between Malaysia and Saudi Arabia, especially following his meeting with the ACWA Power founder during the recent ASEAN-Gulf Cooperation Council (GCC) Summit. On May 27, ACWA Power signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to facilitate the implementation of strategic investment projects in clean energy infrastructure across Malaysia.


Borneo Post
5 hours ago
- Borneo Post
MITI projects 2025 approved investments of RM104 bln for manufacturing, services
Tengku Zafrul says this projection takes into account GDP forecast, projects currently under evaluation, and potential projects. – Bernama photo KUALA LUMPUR (Aug 6): The Investment, Trade and Industry Ministry (MITI) has projected 2025's approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA). Its Minister Tengku Datuk Seri Zafrul Abdul Aziz said this projection takes into account gross domestic product (GDP) forecast, projects currently under evaluation, and potential projects. 'Based on MIDA's investment statistics, the first quarter of 2025 approved investments were RM89.8 billion, a 3.7 per cent increase compared to the same period in 2024. 'Therefore, considering the increasing trend of investment applications to MIDA, the investment outlook is expected to maintain positive for the whole of 2025,' he said in a written reply on the Parliament's website today in response to Datuk Dr Ku Abd Rahman Ku Ismail (PN-Kubang Pasu) who asked for the government's 2025 investment projection as well as the measures to ensure that export and investment values are not severely affected by rising US tariffs and global geopolitical uncertainty. Tengku Zafrul said the projection remains unchanged for now as the tariff impact is mainly felt by companies that rely heavily on the US market. He added that MITI currently has no plans to revise its 2025 trade growth targets despite the US imposing a 19 per cent tariff. MITI will continue to monitor current developments, especially exports to the US market, and formulate appropriate mitigation strategies, he said. 'Trade performance is expected to experience a slight decline in the second half of 2025 due to reduced demand from the US following the tariff enforcement. 'A more significant impact is expected to be felt in the first quarter of 2026, when trade activity resumes post-tariff implementation,' he said. MITI had previously projected a 5 per cent rise in Malaysia's total trade value to RM3.01 trillion against RM2.87 trillion in 2024. Meanwhile, he said US President Donald Trump's latest announcement on the 19 per cent tariff rate has opened a strategic opportunity for Malaysia to remain competitive alongside other trading partners, especially among ASEAN member states with similar tariff rates. 'It should be emphasised that Malaysia successfully secured a lower tariff rate without having to compromise on core policies or national sovereignty,' he said. However, he acknowledged that the tariff rate will still have an impact on export and investment performance, and in turn, affect Malaysia's economy. In the long term, he said the imposition of high reciprocal tariffs will cause a global economic slowdown, including in Malaysia, due to rising prices and declining demand, which will indirectly affect Malaysia's economic growth rate and the global economy in general. – Bernama export and mitigation tariff Tengku Zafrul trade


Borneo Post
5 hours ago
- Borneo Post
Friendship will shape Malaysia-Russia future ties, says Sultan Ibrahim
His Majesty said Malaysia regarded Russia as a trusted and important partner. – Bernama photo MOSCOW (Aug 6): His Majesty Sultan Ibrahim, King of Malaysia, says that his state visit to Russia reflects his sincere wish to strengthen ties and cooperation between the two nations. His Majesty said Malaysia regarded Russia as a trusted and important partner. 'Our diplomatic relations span more than five decades, having been formally established in April 1967. I'm reminded that Malaysia was among the earliest ASEAN nations to establish ties with Moscow. 'As a Russian saying goes, friendship is more valuable than money. It is this spirit of friendship, I believe, that will continue to shape the direction of the relationship between our two nations for the benefit of our people.' Sultan Ibrahim made the remarks during an official meeting with Russian President Vladimir Putin following a state welcoming ceremony at the Grand Kremlin Palace here today. Accompanying His Majesty were Defence Minister Datuk Seri Mohamed Khaled Nordin, who is also Minister-in-Attendance, Foreign Ministry secretary-general Datuk Seri Amran Mohamed Zin and Malaysian Ambassador to Russia Datuk Cheong Loon Lai. Putin was joined by senior Russian officials, including Aide to the Russian President for International Affairs Yury Ushakov, Minister of Economic Development Maxim Reshetnikov, Minister of Science and Higher Education Valery Falkov, Deputy Minister of Foreign Affairs Alexander Pankin and Deputy Minister of Defence Alexander Fomin. Sultan Ibrahim is on his maiden state visit to Russia until Aug 10 at the invitation of Putin. This marks the first state visit by a Malaysian Head of State to Russia. – Bernama malaysia Russia Sultan Ibrahim ties