In the Budget 2022 the Malaysian Government introduced the Voluntary Disclosure and Amnesty Programme where all duties/ tax/ levy / penalty and surcharge that remain outstanding on or before 31 October 2021 and are declared voluntarily to the Customs Department can have the penalties and part of the duty or tax remitted.
The programme is divided into two phases that is 1 January 2022 to 30 June 2022 and 1 July 2022 to 30 September 2022. Companies / individuals who have not been audited or being audited can also participate in this programme.
Benefits of participating in this programme :
- Improve your tax governance
- 100% remission of penalty/ surcharge
- Blanket approval will be given for the penalty / surcharge
- The company’s disclosure will be accepted in good faith
- No audit on the company / individual will be conducted for that period.
Contact us:
- To conduct a Health Check on your company / individual
- Help you to participate in the programme and enjoy the incentives.
You will be informed of the latest updates in Malaysian Customs Procedures.
