QUICK AND EASY: E-filers will get back excess payments within 30 days
KUALA LUMPUR: TAXPAYERS using the e-filing system will be given until May 15 to submit their income tax returns, while those using the conventional method must do so by April 30.
The Inland Revenue Board (IRB) public relations officer Masrun Maslim said this grace period would apply to individuals who did not own or did not derive an income from any business.
"With the longer time given, hopefully, we can encourage more taxpayers to opt for e-filing instead of the conventional method," he said to the New Straits Times yesterday.
Masrun said e-filing was becoming popular among taxpayers. As of Thursday, he said IRB had received almost 700,000 tax returns through e-filing for last year's assessment.
"Only 30 per cent of the forms that we received were filed using the conventional method."
He said the IRB was expecting the number of e-filers to reach 2.5 million this year. Masrun attributed the popularity of e-filing to its simplicity and user-friendliness.
"This new method helps taxpayers fill in, compute and send the forms back to IRB in an easier, more accurate and safe way.
"Taxpayers will instantly know the amount of tax they have to pay as the system automatically computes their taxes based on the information they key in.
"On top of that, it allows taxpayers to submit their tax returns anytime and anywhere, whether on the go, from office or home."
He said those who did not own a computer or have Internet access could head to the special computer counters at IRB branches.
Masrun also said e-filing would benefit those who had overpaid their taxes.
"If they submit a complete and accurate form through e-filing and have overpaid, IRB will refund the excess within 30 working days.
"On the other hand, those who use the conventional method have to wait up to 90 days to be refunded."
For users who forgot their login passwords at the e-filing website, Masrun said they could click on the "forgot your password" link and type in their MyKad number and email address registered with IRB.
Alternatively, they could also contact the IRB hotline or visit its branches to reset their passwords.