IRB cautions taxpayers opting for MTD to be honest when filling TP1 forms


PETALING JAYA: The Inland Revenue Board (IRB) has warned taxpayers against trying to claim more tax relief than they are entitled to should they opt for Monthly Tax Deductions (MTD) as the final tax plan.

Inland Revenue Board (IRB) public relations officer Masrun Maslim said yesterday that those who intended to lie on their TP1 forms to claim more tax relief would face a hefty fine.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Family & Community , income tax , mtd , irb

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