Updated Frequently Asked Questions (“FAQs”) on the Special Revision of Estimated Tax Payable (“ETP”) in the 11th Month Basis Period

Subsequent to the 2022 Budget proposals, the Malaysian Inland Revenue Board (“MIRB”) has, on 25 November 2021, issued its FAQs in respect of the special revision of ETP in the 11th month basis period for all businesses before 31 October 2022.

The FAQs have been updated on 25 January 2022 to clarify that the special revision for December year end businesses is only allowed for year of assessment (“YA”) 2021 and not YA 2022.  As such, the last opportunity for a December year end business to revise its ETP for YA 2022 and subsequent YAs, is in the 9th month of the basis period.

The MIRB’s updated FAQs, which are only available in the Malay Language, can be accessed via the above link.

Should you have any questions or require further clarification, please do not hesitate to email or contact any of our Executive Directors, Directors, Associate Directors or Managers whom you are accustomed to dealing with or who are responsible for the tax affairs of your organization.

Petaling Jaya Office

Soh Lian Seng
Executive Director -
Head of Tax and Head of Tax Dispute Resolution
+ 603 7721 7019

Bob Kee
Executive Director -
Head of Transfer Pricing
+ 603 7721 7029

Tai Lai Kok
Executive Director -
Head of Corporate Tax
+ 603 7721 7020

Long Yen Ping
Executive Director -
Head of Global Mobility Services
+ 603 7721 7018

Ng Sue Lynn
Executive Director -
Head of Indirect Tax
+ 603 7721 7271

Outstation Offices

Penang Office

Evelyn Lee
Executive Director -
Penang Tax
+604 238 2288 (ext. 312)

Ipoh Office

Crystal Chuah Yoke Chin
Tax Manager -
Ipoh Tax
+605 253 1188 (ext. 320)

Kuching & Miri Office

Regina Lau
Executive Director -
Kuching & Miri Tax
+6082 268 308 (ext. 2188)

Kota Kinabalu Office

Titus Tseu
Executive Director -
Kota Kinabalu Tax
+6088 363 020 (ext. 2822)

Johor Bahru Office

Ng Fie Lih
Executive Director -
Johor Bahru Tax
+607 266 2213 (ext. 2514)