Latest news with #Statutory
The Sun
2 days ago
- Business
- The Sun
Sabah federal agencies convene in Labuan to address infrastructure, civil service reform
LABUAN: A total of 65 federal departments and federal statutory bodies in Sabah gathered here for the Federal Departments and Federal Statutory Bodies Liaison Meeting for the State of Sabah, aimed at addressing key development, infrastructure and governance issues. The meeting, chaired by Sabah Federal Secretary Datuk Seri Rosli Isa, was held at Palm Beach Resort and Spa and brought together senior federal representatives including from the Malaysian National News Agency (Bernama) for inter-agency coordination and strategic planning. Among the major issues discussed were the progress of the Pan Borneo Highway project, preparations for the upcoming Sabah state election, and efforts to strengthen public service delivery. The meeting also focused on five clusters under the ongoing civil service reform agenda: education, health, transport, economic generation and national unity. One of the important matters raised was the need to carry out a thorough study on the quality of the water supply in Sabah to ensure it meets national safety and health standards. Rosli said federal agencies emphasised that access to clean and safe water remains essential to public well-being. As part of the programme, Labuan Corporation (LC) was also given a slot to promote the upcoming Borneo Flora Festival (BFF), which is expected to attract regional visitors and boost the island's tourism profile. The presentation highlighted the festival's potential to showcase Labuan's natural beauty, community creativity and economic vibrancy. 'This meeting is not only about strengthening coordination among federal agencies but also about contributing to Labuan's economy through strategic engagement. 'Even a short visit like this has a positive impact on local businesses,' he added. The two-day programme began on June 15 with a site visit to local community-based enterprises, including an anchovy-processing business in Kampung Bebuloh, reflecting Labuan's potential in small-scale industries and tourism. The meeting reinforced the federal government's commitment to enhancing infrastructure, supporting public health initiatives, and ensuring inclusive development in Sabah.
Daily Mirror
20-05-2025
- Business
- Daily Mirror
Millions of workers urged to check key code on document arriving in days
Millions of workers are being urged to keep an eye out for an important tax document. Your employer must issue your latest P60 by May 31, by post or electronically. Your P60 summarises your total pay and deductions for the tax year. It also contains your final tax code, and it is important you check this is correct in case you owe money to HMRC. Tax codes are made up of a series of numbers and letters and are assigned to you by HMRC based on the information it has on your income. But there are a number of reasons why it could be wrong - for example, if you recently changed jobs or if HMRC has been given incorrect information from your employer. Get money news and top deals straight to your phone by joining our Money WhatsApp group here. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice. Or sign up to the Mirror's Money newsletter here for all the best advice and shopping deals straight to your inbox. The code shows how much of your income is taken in tax, and everyone who is paid through PAYE has one. The most common code is 1257L for people who have one job or pension - although not everyone will be on this. If you have a second job, you may have a BR, D0 or D1 tax code, or if you have no personal allowance, you may have an 0T tax code. If you are exempt from paying tax, your tax code would be NT. Taxpayers in Wales will have a C tax code, and those who pay income tax in Scotland will have an S. Sarah Coles, personal finance expert at Hargreaves Lansdown, said: "It isn't always easy to get to grips with your P60, but the thing to look for is the final tax code. "If it's wrong, you could end up over-paying or under-paying your tax – either of which is a pain in the neck." has a free calculator that you can use to get a rough idea about whether your tax code is correct. If it looks like you've paid too much tax, then you can claim it back by contacting HMRC by calling 0300 200 3300, or through the HMRC app. You can claim back up to four additional years. But even if you think you have been overpaying for longer than this, it doesn't hurt to still contact HMRC. They may pay back further than four tax years under certain circumstances - for example, if it was their fault that you overpaid tax. For overpaid tax that doesn't relate to the current tax year, HMRC will send you a cheque in the post with your refund. If it turns out you've not paid enough tax due to an incorrect tax code, then you will have to pay this back. Don't let this put you off - it is better to sort this out sooner rather than later to avoid being hit with a bigger bill. You can try and get the tax written off if it was not your fault that you underpaid - but this is not a guarantee. You can do this by asking for an "Extra Statutory Concession" or an A19 from HMRC.
