Malaysia

IRB no longer accepts cheques, postal, money orders for tax payment

Move has come into effect from last June 1

Updated 2 years ago · Published on 12 Jun 2023 6:39PM

IRB no longer accepts cheques, postal, money orders for tax payment
The Inland Revenue Board says direct tax payments at receipt management centre channels and collection agents using bill numbers or tax identification numbers can be made via bank drafts or cash. – AZIM RAHMAN/File pic, June 12, 2023

PUTRAJAYA – The Inland Revenue Board (IRB) is no longer accepting cheques and money or postal orders as instruments for direct tax payments at all its receipt management centres, stamp duty payment counters, banks, and post offices which have been appointed as its collection agents beginning June 1.

It said in a statement today, however, an exemption was given to advance payments and instalments for audit, investigation, and civil law cases using cheques or post-dated cheques submitted to IRB before August 1, 2023.

Payment of a 2% tax deduction against the payment of commission by the paying company to an agent, dealer, or distributor under Section 107D of the Income Tax Act 1967 is also exempted from this rule involving money or postal orders, it said.

According to IRB, payment channels affected by the implementation of the rule are receipt management centre payment counters in Kuala Lumpur, Kuching, and Kota Kinabalu; payment counters and cheque deposit machines at banks and post offices appointed as collection agents; payments delivered via post or courier; and the stamp duty payment counter at its satellite offices or state stamp duty offices.

After August 1, direct tax payments at receipt management centre channels and collection agents using bill numbers or tax identification numbers (TINs) can be made via bank drafts or cash, it added. 

“Payment for stamp duty at the satellite offices or state stamp offices after July 1, 2023, can only be made using bank drafts. Direct tax payments using the bill number or TIN can be made via IRB’s MyTax Portal at https://mytax.hasil.gov.my or agent banks’ internet banking portal,” read the statement.

It can also be paid in cash at post offices and agent banks, agent bank cash deposit machines; selected agent bank ATMs; or through telegraphic transfer, electronic fund transfer, or interbank giro transfer using the e-TT System for taxpayers with bank accounts in Malaysia as well as those with bank accounts outside the country, it added. – Bernama, June 12, 2023

Related News

Malaysia / 4w

No need for extra burdensome GST on lower and middle-income groups

Malaysia / 1mth

Bring back GST under any name, KJ tells government

Malaysia / 3mth

E-filing for Year of Assessment 2025 opens tomorrow

Malaysia / 3mth

Taxpayers reminded to file e-filing from March 1

Malaysia / 4mth

Strong political will needed to tap new global tax rules, says MP

Malaysia / 4mth

Government completes repayment of RM22.45b in overpaid taxes last year - highest in 5 years

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

Perlis sole opposition member tells PAS, Bersatu to quit politicking and serve the people

By Ian McIntyre

Malaysia

Isa Samad's 'Tan Sri' title revoked

Malaysia

PAS not contesting solo in Johor PRN, new political alignment formed

Malaysia

Police rule out bullying, schoolgirl’s fall from building in Pontian under investigation

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

AGC: Albert Tei’s complaint against Azam Baki classified as NFA

Malaysia

Hamzah Zainudin set to make announcement at “Malaysia Reset” convention in Kelantan

Malaysia

AG defends compound settlements in corruption cases, says law bars further prosecution after payment