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