If you’re currently job hunting or planning your next career move, you might have come across discussions about Form E—a key document in Malaysia’s tax system. While it’s primarily an employer’s responsibility, understanding it can be beneficial for employees and jobseekers alike. In this article, we’ll break down what Form E is, how it affects employees, and why jobseekers should be aware of it when negotiating job offers or planning their taxes.
Form E Submission Deadline Malaysia 2025, If Late Any Penalties?
by Ricebowl Team
Feb 20, 2025
at 3:24 PM
Before submitting Form E, it's crucial to ensure salary records are accurate. Use our Salary Checker to compare industry salaries and stay competitive in the job market.
Read here to learn how to fill eFilling for Income Tax.
What Happens If Employers Submit Form E Late?
If an employer fails to submit Form E by the March 31, 2025 deadline, they may face penalties under the Income Tax Act 1967:
- Late Submission Penalty – A fine between RM200 to RM20,000 or imprisonment for up to six months or both, as per Section 120(1)(b) of the Income Tax Act 1967.
- Additional Tax Assessment – LHDN may issue an additional assessment, increasing the amount payable by the employer.
- Interest on Late Payment – If any tax amount due is not paid, late payment interest may be imposed.
How to Avoid Form E Late Submission Penalties?
To ensure compliance and avoid penalties, employers should:
- Mark the deadline: Set reminders for March 31, 2025.
- Use e-Filing: Submit Form E via MyTax Portal for a seamless process.
- Keep employee records updated: Ensure accurate reporting of employee salaries, EPF, SOCSO, and tax deductions.
- Seek professional help: If unsure, consult a tax advisor to prevent mistakes.
What is Form E?
Form E is an annual declaration that employers in Malaysia must submit to the Inland Revenue Board of Malaysia (LHDN). It reports the number of employees and details related to their earnings for the previous year. This form is crucial for tax compliance and helps ensure accurate tax deductions for employees.
Impact on Employees and Jobseekers
While Form E is an employer’s responsibility, employees and jobseekers should be aware of it because:
- Ensures accurate tax reporting: Employees need their EA Form, which is generated based on Form E submissions.
- Job legitimacy check: A company that fails to submit Form E may not be compliant with tax laws, raising red flags for jobseekers.
- Affects tax filings: Employees need Form EA (issued by March 2025) to file personal taxes before April 30, 2025.
Form E is a critical tax document that employers must submit by March 31, 2025. Late submissions can result in hefty penalties and legal consequences. Employees should also be aware of this requirement to ensure they receive their EA Form for tax filing. Employers are encouraged to submit Form E on time via the MyTax Portal to remain compliant and avoid unnecessary fines. If you’re looking for a higher-paying job or a better career opportunity, submit your resume to Ricebowl's Drop Resume and let employers find you!
FAQs for E Form
1. Can Form E be submitted manually?
No, Form E must be submitted online via MyTax Portal (https://mytax.hasil.gov.my/).
2. What if an employer does not have any employees?
Even if there are no employees, Form E must still be submitted, stating that there are no employees for the assessment year.
3. How can employers check if Form E is successfully submitted?
Employers can log into MyTax Portal, check submission history, and download a receipt for reference.
4. Is there a grace period for late submissions?
There is no official grace period, and penalties may apply immediately after March 31, 2025.
5. What should employees do if their company fails to submit Form E?
Employees can report non-compliant employers to LHDN and ensure they receive their Form EA for personal tax filing.
6. What is the minimum salary for filing tax return?
If your annual salary (after EPF deduction) reach at least RM43,000, then you need to submit tax return.
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