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Sabah LHDN targets RM400 mln tax collection under voluntary disclosure scheme

0 month ago, 13-Feb-2019

Hajam Lajah Ala

KOTA KINABALU: The Sabah Inland Revenue Board(LHDN) targets to collect RM400million in taxes under the Special Voluntary Disclosure Programme (PKPS) until June 30 this year.

Director Datuk Hajam Lajah Alamsaid as of Feb 8, some 600 taxpayers have come forward, with the collection exceeding RM50 million.

We hope those who have not paid their taxes will do so within the stipulated time period as the penalty is only 10 per cent untilApril 1, after which it goes up to15 per cent until end-June, he said when met by reporters after LHDN s corporate social responsibility (CSR) programme in conjunction with Chinese New Year at Wisma LHDN here today.

Hajamsaid taxpayers should not wait until the last day to pay their taxes, as the penalty wil then rise to between 80 and 300 per cent after July 1.

Five categories of taxpayers are eligible for the programme: those who are not registered with LHDN; those have not submitted their tax return form; those who have not reported the correct information on the income/disposal of assets;and those who fail to stamp executed instruments launched in November last year.

Hajamsaid under the CSR programme, 20 children from the Seri Mengasihcentre werefeted, andexpressed hope that the programme could becomean annual affair. -Bernama


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