Due to overwhelming response under Phase 1 of the VA Programme, the Ministry of Finance and Royal Malaysian Customs Department (“RMCD”) have agreed to extend the payment period for Phase 1 until 14 July 2022. Note that this is applicable for applications made on or before 30 June 2022.
This is a welcome news for taxpayers indeed, however taxpayers are encouraged to make payment as early as possible to avoid unforeseen delays.
Please click on the above header link for the RMCD’s announcement at the RMCD’s official website (only available in Malay language).
Our highlights are intended to provide a general overview of the key proposed tax changes and should not be used or relied upon as a substitute for detailed advice or as a basis for formulating business decisions.
