Malaysia – Various Tax Deadlines Extended Due. The Annual Return filing confirmation will automatically be e-mailed to the e-mail address as per the customer code used to file the Annual Return. Save what resonates, curate a library of information, and share content with your network of contacts. New Filing Deadline for Federal Corporations’ Annual Returns. Amongst the key points to note are: 1. In time for filing the 2020 alphalist, the BIR issued RMC No. KPMG International entities provide no services to clients. 2  See Frequently Asked Questions (PDF 558 KB). Update regarding Filing Date for Annual Returns The Registrar of Companies has decided to extend the current arrangement in relation to the filing of annual returns. 30 June 2020 – FUND ANNUAL RETURN. LIRS extends deadline for filing of annual returns to May 31, 2020. 31 August 2020 – FACTA (reporting deadline). Annual TRAC return. In May, the CRA extended some of the tax-filing deadlines to September 1, 2020, instead of the usual April 30th deadline. Get the latest KPMG thought leadership directly to your individual personalized dashboard. Extended filing and payment deadlines The CRA is further extending the payment due date for 2019 individual tax returns and 2019 or 2020 corporation, or trust returns, as well as for instalment payments, from September 1, 2020, to September 30, 2020. April 1, 2020. Please note that your account has not been verified - unverified account will be deleted 48 hours after initial registration. Annual returns that are typically due between February 1, 2020 and June 30, 2020 can now be filed up until September 30, 2020.Under normal circumstances, corporations must file their annual return within 60 days of their anniversary date. All rights reserved. KPMG International provides no client services. Month of December 2020: e-FILING & e-PAYMENT : 1702 - RT/EX/MX: Fiscal Year ending September 30, 2020: FILING & PAYMENT : 1702 - RT/EX/MX with audited Financial Statement (AFS), 1709 (if applicable), and Other Attacgments: Fiscal Year ending September 30, 2020: 2200-M Excise Tax Return for Mineral Products: For the Quarter ending December 31, 2020 However, taxpayers who are unable to do so within the stipulated period following the implementation of the Conditional Movement Control Order or Targeted Movement Control Order can apply for additional time. The information contained in this newsletter was submitted by the KPMG International member firm in Malaysia. KUALA LUMPUR, Oct 24 — The deadline for the submission of income tax return forms (BNCP) for the assessment years of 2019 and 2020 for companies, cooperative societies, limited liability partnerships, trust bodies and petroleum, remains as stipulated in the Return Form Filing Programme for the year 2020 (Amendment 3/2020). The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31, 2020. © 2020 Copyright owned by one or more of the KPMG International entities. Taxes payable assessed on the basis of tax returns are due within ten calendar days following the deadline for filing the relevant tax returns. KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. For more detail about our structure please visit https://home.kpmg/governance. Member firms of the KPMG network of independent firms are affiliated with KPMG International. Taxes payable assessed on the basis of tax returns are due within ten calendar days following the deadline for filing the relevant tax returns. Ongoing - REGISTER OF DIRECTORS. Any company with an Annual Return Date of 30 September 2020 or later will be deemed to have filed on time if all elements of the annual return are completed and filed by … The due date for the submission of the return electronically and payment of tax, if any, is 15 October 2020. Any inquiries and related feedback can be submitted to the IRB through the Care Line at 03-8911 1000/ 603-8911 1100 (Overseas); HASiL Live Chat and feedback form on the LHDNM official portal. The policies ushered in by Malaysia’s government offer deadline delays for certain submissions of returns/forms/documents/notifications, tax payments, and other compliance obligations, and generally give taxpayers some very welcome breathing room to preserve their cash-flow and take additional time to organise their tax affairs in these trying times. It will be available on our new system myRegistry from 6 January 2021. The extensions do not apply on the filing of CMP-08/ GSTR-4, GSTR-1, and annual returns, among others. How much it costs. The Inland Revenue Board of Malaysia issued an updated Revised Return Form Filing Programme For The Year 2020 on 28 April 2020. Since the last time you logged in our privacy statement has been updated. For the BE form (resident individuals who do not carry on business), the deadline for filing income tax in Malaysia is 30 April 2020 for manual filing and 15 May 2020 via e-Filing. You will not receive KPMG subscription messages until you agree to the new policy. Where fees / returns remain outstanding on 1 July 2020, penalties will be assessed at 33.33% of the annual fee, with penalties rising to 100% of the annual fee on 1 October 2020. The government announced in May that the deadline for filing income tax returns (ITR) for the financial year (FY) 2019-20 would be pushed from July 31, 2020 and October 31, 2020 to November 30, 2020. As of April 27, 2020, the provincial government has not yet granted a similar extension for filing of annual reports for British Columbia corporations. We want to make sure you're kept up to date. KUALA LUMPUR, Oct 24 — The deadline for the submission of income tax return forms (BNCP) for the assessment years of 2019 and 2020 for companies, cooperative societies, limited liability partnerships, trust bodies and petroleum, remains as stipulated in the Return Form Filing Programme for the year 2020 (Amendment 3/2020). KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. Cash payments will not be accepted. 30 June 2020 – AUDITED ACCOUNTS (for funds and licensees with 31 December 2020 financial year end). return form (rf) filing programme for the year 2020 Taxpayers and employers are encouraged to use e-Filing for the submission of RF with e-Filing facility. You will not continue to receive KPMG subscriptions until you accept the changes. Our privacy policy has been updated since the last time you logged in. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. Malaysia – Various Tax Deadlines Extended Due to COVID-19 1 April 2020 The Malaysian Inland Revenue Board (“MIRB”) has set out a new timetable for certain personal tax filing and employer compliance obligations (including due date extensions) in light of the COVID-19 crisis. Summary. NA: United Arab Emirates (Last reviewed 31 July 2020) Non-company / non-Labuan company taxpayers and employers who submit paper RF have to print the RF in PDF format from the Official Portal of Lembaga Hasil Dalam Negeri Malaysia (LHDNM) > Home Page > Forms > Download Organizations that delayed filing … In the case of a company keeping pursuant to its articles a branch register in any place outside Malaysia, the lodgement of annual return must be made within two … VAT: Bi-Annual VAT 3 return and payment (if due) for period July - December 2020 together with the Return of Trading Details where the VAT accounting period ends between 1 July and 31 December 19 VAT: 4 Monthly VAT 3 return and payment (if due) for period September - December 2020 together with the Return of Trading Details where the VAT accounting period ends between 1 September and 31 … The deadline for the accounts return is Monday 20 January 2020. While we ask societies to take steps to submit their returns to us as soon as is reasonably practicable, we previously explained that we wouldn't take any action before 31 October 2020 to follow-up on any delayed submission where the delay is 3 months or less. Extension of Time to File: If a company requires extra time to file its return, application may be made to the District Court or the High Court by a company, on notice to the CRO, for an order extending the time for filing of a particular annual return. Click anywhere on the bar, to resend verification email. The KPMG logo and name are trademarks of KPMG International. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. KPMG International and its member firms are legally distinct and separate entities. Federal business and not-for-profit corporations can file their annual return online. The filing deadline is 15 Dec 2020. e-Filing services for YA 2020 Form C-S/ C are now available. Payments for any SST due can be settled by bank transfer, banker’s draft or check. Where fees / returns remain outstanding on 1 July 2020, penalties will be assessed at 33.33% of the annual fee, with penalties rising to 100% of the annual fee on 1 October 2020. The annual return has been replaced with an annual confirmation statement. The annual return for 2006 will return to a 12 month filing period (from the first day in your anniversary month in 2006 to the last day of the month prior to your anniversary month in 2007). An annual return costs: $12 (online) $40 (email or mail) File my annual return. Similarly, SGX RegCo – in consultation with ACRA – will give extensions for listed companies with a 31 March financial year-end date to … For annual income tax returns of corporations for the calendar year ending Jan. 31, 2020, the May 15 due date was further extended to June 15 this year. ... On 1 Dec 2020, company wants to change its FYE from 31 Mar 2019 to 31 Dec 2020. The CRO has extended the filing deadline for companies with an Annual Return Date falling on 30 September 2020 or later. 2020 to March 31, 2020 to control the spread of COVID-19, the Malaysian Inland Revenue Board (MIRB) announced on March 17, 2020 that tax return filing and balance of tax payment deadlines falling between March 2020 until June 2020 have been extended up to two months. 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