‘Final tax’ system not in effect yet

KUALA LUMPUR: Individual taxpayers will still have to file their personal tax returns with the Inland Revenue Board (IRB) as the new optional “final tax” system will only take effect in the coming assessment year.

IRB deputy chief operating officer Datuk Sabin Samitah said this meant that some 1.2 million individual taxpayers would have to file their returns before the April 30 deadline.