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Tax24 Aug 2021

What happens if you fail to pay tax?

What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?
Illustration for What happens if  you fail to pay tax?

01LHDN can execute the judgment against you

021. Bankruptcy

The threshold for bankruptcy for individual is RM50k (RM100k until 31.8.21)

032. Winding up

The threshold for bankruptcy for company is RM50k

The directors of the Company will be jointly and severally liable to the taxes of the Company.

043. Garnishee Proceedings

A court order for LHDN (Garnishor) to recover a judgment debt due and accruing from your bank account.

054. Stoppage Order

LHDN blacklist you (including directors of company) from leaving the country due to unpaid taxes.

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