What is Form E ?
- Report to inform LHDN number of employees and employees’ income details.
- Due on 31 March every year
Read more: Malaysian SMEs – Take Note of These Key Tax Deadlines
Who needs to submit Form E ?
- All employers (Company / Sole Proprietor / Limited Liability Partnership / Partnership)
What is the penalty for failure to submit Form E ?
- Fine of not less than RM 200 and not more than RM 20,000; or
- Imprisonment for a term not exceeding 6 months; or both.
New Updates in Form E (2016)
1. Which employees need to fill up in Form E listing (CP 8D)?
Previously (2015)
- Any employee whose annual gross remuneration is RM34,000 and above
- Any employee whose annual gross remuneration is less than RM34,000 but the monthly gross remuneration is RM2,800 and above
New (2016)
- ALL EMPLOYEES for the year 2016
Note: the abovementioned “employees” include directors
2. New column (requirement) in CP8D
Column E Marital status of employee
Column F Tax borne by employer?
Column G Number of child qualified for tax relief
Column H Total qualified child relief
Column I Total gross remuneration (Same as Form E 2015 column E)
Column J Benefit in kind
Column K Value of living accommodation
Column L Employee share option scheme (ESOS) benefit
Column M Tax Exempt Allowances / Perquisites / Gifts / Benefits
Column N & O Total claim for deduction by employee via Form TP1
Column P Contribution to Employees Provident Fund (EPF)
Column Q Zakat paid via salary deduction
Column R Total Monthly Tax Deduction (MTD) (Same as Form E 2015 column G; called Potongan Cukai Bulanan (PCB) in Malay)
Column S otal tax deduction CP38 (The amount LHDN requested employer to deduct from employee’s salary to repay the balance of tax owed to LHDN)
Reference: ExplanatoryNotes_E2016_2.pdf