Dear Valued Clients,
We are writing to remind that Small and Medium Enterprises (SMEs), Tourism Industry and Individual Taxpayer who have received approval for deferment of tax instalment payments earlier will have to resume their instalment payments as follows:
| DEFERMENT OF TAX INSTALMENT PAYMENTS | STARTING FROM | ||||||||||||||||||||||||||||||||||||||||||
| Type of payment | Qualifying month | Statutory due date | |||||||||||||||||||||||||||||||||||||||||
| CP204 instalment payments (3 months) for all types of businesses with Small and Medium Enterprises (SMEs) status
Definition of SME: i. Have a paid-up capital of not more than RM2.5 million ordinary shares at the beginning of the basis period for a year of assessment; and ii. Have a gross business income of not more than RM50 million. |
Apr 2020
May 2020 Jun 2020 |
15.04.2020
15.05.2020 15.06.2020 |
Jul 2020 (Due on 15.07.2020) |
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CP204 instalment payments (6 months) for tourism industry with the following Malaysian Standard Industrial Classification (MSIC) codes:
|
Apr 2020
May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020 |
15.04.2020
15.05.2020 15.06.2020 15.07.2020 15.08.2020 15.09.2020 |
Oct 2020 (Due on 15.10.2020) |
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| CP500 instalment payments (2 months) | Mar 2020
May 2020 |
31.03.2020
31.05.2020 |
Jul 2020 (Due on 31.07.2020) |
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Please ensure that the tax instalments are paid within the stipulated due dates in order to avoid any late payment penalty.
