Preparation of the 2022 Employer's Return (Form E) and major mistakes leading to employer's tax audit

Preparing and completing the Form E can be challenging to employers as they need to ensure that the details of their employees and their income are reported correctly in accordance with the requirements of the Malaysian Inland Revenue Board (“MIRB”). Pursuant to subsection 83(1B) of the Malaysian Income Tax Act, 1967 (“MITA”), it is mandatory for all employers (including companies which are dormant and/or have not commenced business) to submit the Employer’s Return (“Form E”) for the year ended 31 December 2022 to the MIRB. The deadline to submit Form E for the year 2022 electronically is by 31 March 2023 (unless a grace period is granted by the MIRB). 

The MIRB has issued the Tax Audit Framework for Employer (“Framework”) dated and effective on 1 October 2021. This Framework has been released to ensure the employer tax audits are carried out fairly and transparently. Most employers may not be aware of their tax obligations, and it is sometimes difficult for them to comply with the law due to the challenging nature of work in respect of the different assignment/ employment of the employees.

Therefore, it is crucial for the employer to prepare an accurate Form E and comply with the employer’s tax obligations to avoid any offences for non-compliance under Sections 83 and 107 of the MITA.

Learning Objectives

• To provide step-by-step instructions in completing the 2022 Form E. 
• To have a better understanding of the employer’s tax obligation in order to eliminate the misconceptions which can lead to mistakes in adhering to the employer’s tax obligation pursuant to Section 83 of the MITA.
• To highlight major mistakes made by the employer which may lead to the employer’s tax audit.
• To emphasize the importance of complying with the employer’s tax obligation and the consequences of non-compliance by employers.
   

• Individual rate : RM200nett / pax
• Group rate: RM150nett / pax (3 or more participants)

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Here’s why you should attend our Form E Preparatory Course Webinar on 22nd February 2023:

• HRDC claimable –  participants who are HRDC contributors can claim the event fee directly from the HRDC.
• CPD hours – participants who have professional qualifications will be able to claim their CPD hours to the awarding bodies such as CTIM, MIA, etc.