IRB extends special penalty rate

  • Nation Premium
  • Monday, 08 Apr 2019

nternet celebrities and other individuals - including minors - who earn income from paid reviews, brand endorsements and businesses conducted via the social media are subject to income tax.

PETALING JAYA: The special reduced penalty rate for taxpayers to disclose any previously undeclared income has been extended until June 30.

Finance Minister Lim Guan Eng said the Cabinet had agreed to the extension following overwhelming response from taxpayers who made their voluntary declaration under the Special Voluntary Decla­ration Programme (SVDP).

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Boy drowns after falling into irrigation ditch in Kuantan Premium
Isham’s appointment brings added value to Selangor Umno leadership, says Noh Premium
Rafizi’s proposal on food stockpile is not new, says Isham Premium
Sandakan MMEA seizes 305 packets of subsidised cooking oil in smuggling bust Premium
PM makes spot check on prices of goods at supermarket Premium
Take advantage of Peka B40 health screening, says Khairy Premium
Tengku Zafrul: Total subsidies in 2022 nearly RM80bil, highest in history Premium
Car plunges into river: Woman, kids buried in common grave Premium
Lorry skids, blocks road in Pasir Gudang Premium
Mother in tears while receiving late daughter's PhD scroll at UMS convocation Premium

Others Also Read