LHDN allows deferment of small-value withholding tax payment

PUTRAJAYA: The Inland Revenue Board of Malaysia (LHDN) says that effective Aug 1, 2022, recurrent small-value withholding tax (WHT) payment for royalty, interest and special classes of income earned by a non-resident can be made biyearly instead of monthly.

LHDN said the provision comes under Sections 109 and 109B of the Income Tax Act 1967.