Frequently Asked Questions issued by Inland Revenue Board (Update)

On 19 August 2021, the Inland Revenue Board (IRB) has updated its frequently asked questions (FAQ) in relation to the administration of taxation matters during the National Recovery Plan where the following extension of time (EOT) for submission of income tax return forms (RF) and payment of balance of tax (if any) is granted: -

Categories of taxpayers

Accounting period ending / Year of Assessment (YA)

 

EOT for submission of RF and payment of balance of tax (if any)

Companies

Limited Liability Partnerships

Unit Trusts / Property Trusts

Co-operative Societies

Trust Bodies

Real Estate Investment Trusts / Property Trust Funds

Business Trusts

 

 

  • 30 November 2020
  • 31 December 2020
  • 31 January 2021

 

 

  • 28 February 2021
  • 31 March 2021
  • 30 April 2021

3 months grace period

  • 30 September 2021
  • 31 October 2021
  • 30 November 2021

 

2 months grace period

  • 30 November 2021
  • 31 December 2021
  • 31 January 2022

 

Resident Individuals

Partnerships

Non-Resident Individuals

Associations

Deceased Person’s Estate

Hindu Joint Family

 

 

YA 2020 for taxpayers carrying on a business

 

30 September 2021

Similar details of the EOT can also be found in the updated Return Form Filing Programme for Year 2021 (Amendment 4/2021) issued by IRB on 19 August 2021 from IRB’s website.