Employer Tax Audit Framework

Employer Tax Audit Framework

Employer Tax Audit Framework

Employer Tax Audit Framework

Are you ready for "payroll" tax from IRB?

IRB has released the Employer Tax Audit Framework recently which outline the duty & responsibility of employers from :

1. Form E

2. Form EA

3. Notification of new employee

4. Notification of resignee

5. MTD/PCB

6. & etc

The Framework covers the following:

• The legal provisions under the Income Tax Act (ITA) that apply to employer audits;

• The types of employer audit i.e. field audit under S107 of the ITA (Monthly Tax

Deductions) and desk audit under S83 of the ITA;

• The objective of employer audit;

• Years of remuneration covered;

• Selection of employer audit cases;

• Implementation of employer audit;

• Rights and responsibilities of audit officers, employers and tax agents;

• Confidentiality of information;

• Offences and power to compound;

• Complaints; and

• Compound payment procedures.

Key summaries from our past blogs relating to the employer duty & responsibility :

1. IRBM Newsletter July 2021 (23.07.21)

https://www.ktp.com.my/blog/irbm-july-newsletter/23july21

2. E呈报 (E Filing) Form E 终极秘籍 (15.03.21)

https://www.ktp.com.my/blog/e-filing-form-e/12march2021

3. Form E 截至日期为31/03/2021 (12.03.21)

https://www.ktp.com.my/blog/form-e/12march2021

4. 什么是 e-PCB ？e-Data PCB ？e-CP39 (3.3.21)

https://www.ktp.com.my/blog/pcb/03march2021

5. Form EA 有什么? (22.2.21)

https://www.ktp.com.my/blog/formea/22feb2021

6. 董事医疗费 免税 实物受益（BIK）??? (19.02.21)

https://www.ktp.com.my/.../medical-fee-control.../19feb2021

7. 1分钟学习“如何在BIK / Perquisites计算PCB” (17.02.21)

https://www.ktp.com.my/blog/pcb-bik-perquisites/17feb2021

8. When to declare bonus into Form EA? 花红几时需要报进Form EA? (16.2.21)

https://www.ktp.com.my/blog/bonus-formea/16feb2021

9. IRB tax audit on employers on CP21, CP22 & CP22A (1.2.21)

https://www.ktp.com.my/.../irb-tax-audit.../01feb2021

10. Employer Tax Obligation under Income Tax Act - Resignation & New Employee dated (12.1.21)

https://www.ktp.com.my/blog/newcp21-cp22-cp22a/12jan2021

11. 8 out 10 HR don’t do this for IRB (According to our experience) (21.12.20)

https://www.ktp.com.my/blog/taxclearance/2020dec21

12. A 3 minutes video (Chinese language) to learn benefits- in-kind and perquisites in PCB. (4.6.20)

https://www.ktp.com.my/.../tax-strategies-covid19...

Key takeaways

  1. Stay updated on the lasted tax ruling and requirement on the employer’s duty and responsibility

  2. Get connected on regular basis with your payroll software vendor on any changes in the regulation.

  3. Regular review of your employment handbook/handbook on any changes in the employer regulation.

Source:

IRB : Rangka Kerja Audit Majikan

http://phl.hasil.gov.my/.../RK_Audit_Majikan_01102021.pdf

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