Faster tax refunds coming soon


PUTRAJAYA: The government has increased the tax refund allocation from RM2bil to RM4bil to expedite outstanding payments to taxpayers, including small businesses, says the Prime Minister.

Stating that the government should not owe money to the people, Datuk Seri Anwar Ibrahim said the Inland Revenue Board (LHDN) would begin the phased processing of refunds to eligible taxpayers from today.

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