🔔 TAX ALERT: Malaysian Income Tax Reporting System (MITRS) Implementation – What You Need to Know for YA 2025

 

Effective from the Year of Assessment (YA) 2025, the Inland Revenue Board of Malaysia (LHDN) has introduced a new compliance requirement under Section 82B of the Income Tax Act 1967 – the Malaysian Income Tax Reporting System (MITRS).

This marks a major shift in how companies and limited liability partnerships (LLPs) will submit supporting tax documents moving forward.

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📌 What is MITRS?

The Malaysian Income Tax Reporting System (MITRS) is an online platform introduced by LHDN for the purpose of submitting specified documents to support the computation of chargeable income and tax payable.

Under Section 82B, it is mandatory for all companies and LLPs to submit these documents within 30 days after the deadline for filing the Return Form (Form C).

✅ MITRS is part of LHDN’s digital transformation strategy, aiming to improve transparency and efficiency in tax reporting.

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🧾 Who Must Comply?

🔹 All Companies (C category) and Limited Liability Partnerships (PT category)
🔹 Submission applies to YA 2025 onwards
🔹 Other taxpayer categories (e.g. individuals, partnerships) may be included in future phases

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📂 Documents Required for MITRS Submission

The following PDF documents must be uploaded through the MyTax portal at https://mytax.hasil.gov.my:

1. Audited or Unaudited Financial Statements

   • Unaudited FS applies only to companies eligible for audit exemption under SSM’s directive

2. Income Tax Computation

   • Including detailed adjustments to accounting profit

3. Complete Capital Allowance and Schedule 3 Computation (if applicable)

4. Computation of Tax Incentives Claimed (if applicable)

⚠️ File Size Limit: Total document upload size must not exceed 20MB per company per YA.

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🗓️ Practical Timeline Example

Let’s say your company’s financial year ends on 31 March 2025:

• 📝 Form C Filing Due Date: 31 October 2025

• ⏳ With 1-month grace period: 30 November 2025

• 📤 MITRS Submission Deadline: 30 December 2025 (30 days after Form C deadline)

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⚖️ Penalties for Non-Compliance

Failure to submit MITRS documents within the stipulated timeframe is an offence under Section 120(1)(b) of the Income Tax Act. Offenders may be liable to:

• 💸 A fine between RM200 and RM20,000, or

• 🚫 Imprisonment up to 6 months, or

• ❗ Both

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📆 When Does MITRS Start?

MITRS will be available on the MyTax Portal starting from 1 April 2025. Submission can be done by:

• The company Director,

• Organisation Administrator, or

• A licensed Tax Agent (TAeF)

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🤝 Need Help with MITRS Compliance?

This new requirement adds another layer of compliance for businesses, and missing it can result in significant penalties.

📲 Our firm is here to support you through the entire process — from generating the required documents to ensuring timely submission via MITRS.

👉 Contact us today via WhatsApp: +60 11-2366 5233
Let’s make sure your business stays compliant and penalty-free.

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