LHDN Establishes Two High-Amount Tax Payment Methods
5/14/20241 min read
The Inland Revenue Board of Malaysia (LHDN) introduces two high-amount tax payment methods for corporate and individual taxpayers: FPX via the official portal and telegraphic transfers (TT). Effective June 1, FPX transaction limits are RM500,000 for individuals and up to RM100 million for corporations. Taxpayers using TT/EFT and IBG/RENTAS/DUITNOW need to access the e-TT system through the MyTax Portal. They can pay via internet banking, bank counters, or ATMs. Visit www.hasil.gov.my for payment details. For inquiries, contact the Hasil Contact Centre or use the Live Chat on the LHDN portal.
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