Description
- The Borang E / Form E is required for employers to declare employee income information to the Inland Revenue Board of Malaysia (LHDN). This form ensures that employers comply with tax reporting requirements set by LHDN.
GOV Department
- LHDN
Application Name (Malay)
- Borang E
Details
- Applicable for all employers in Malaysia who have employees under their payroll.
- Submission is required to report employee income details, including salaries, bonuses, and benefits.
- The form must be submitted to LHDN by 31 March each year.
- Employers must also provide EA Forms to employees for their personal tax filing.
Important Rules
- All employers, including companies, partnerships, and sole proprietors, must submit Form E, even if there are no employees.
- Form E must be submitted via e-Filing (e-Data Praisi or e-CP8D) for companies.
- Failure to submit Form E on time may result in penalties or legal consequences.
- Employers must ensure accuracy in reporting employee income details to avoid discrepancies.
Compound & Punishment
- Failure to submit Form E may result in fines ranging from RM200 to RM20,000 under Section 120(1)(b) of the Income Tax Act 1967.
- LHDN may take legal action against non-compliant employers.
- Additional penalties may apply for false declarations or incorrect reporting of employee income.
Advisor
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Commonly Asked Question
Documents include employee salary details, Form EA, PCB deductions, and company particulars. Conzlab ensures all necessary information is compiled before submission.
Form E is an annual tax return form that employers in Malaysia must submit to the Inland Revenue Board (LHDN). It declares the total number of employees and salary details for tax purposes. If you need guidance, Conzlab can assist employers in preparing and submitting Form E correctly.
The cost varies depending on company size and number of employees. Conzlab provides affordable Form E submission services, ensuring accuracy and compliance with Malaysian tax regulations.