AS the adage goes, the only thing certain in life is death and taxes. Yup, It's that time of the year again to file your income tax.
A recent post on TikTok, however, claimed that the Inland Revenue Board (LHDN) is introducing a new monthly tax deduction system which will result in higher taxes. Is this true?
VERDICT:
FALSE
According to MyCheck Malaysia, the post made a false claim that the new e-PCB Plus system – introduced by LHDN in Sept 24, 2024, and fully implemented in Feb 3 this year – will actually result in higher monthly deductions.
"The new e-PCB Plus system is merely to merge the e-PCB, e-Data PCB and e-CP39 into a single platform.
"Claims that there will be a higher monthly deduction for income tax is not true," LHDN was quoted saying by MyCheck.
