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
|
| 3 months grace period
2 months grace period
|
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.