Taxpayers who received CP500 to benefit from penalty waiver in 2026


PETALING JAYA: Individual taxpayers who have received Instalment Payment Notices (CP500) will not be subjected to penalties in 2026, says the Inland Revenue Board (LHDN).

The government body said this was to give individual taxpayers with income from employment and non-employment sources, such as rental income, interest, and royalties, time to comply with CP500 requirements for the 2026 Assessment Year (AY).

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