There are 11 news based on search keyword " excess tax"

RM6.2 Bln In Tax Refunds Disbursed As At Feb 18, 2026 – MOF

KUALA LUMPUR, March 5 (Bernama) -- For 2026, a total of RM6.2 billion has been disbursed in 95,285 tax refund cases as at Feb 18, 2026, according to the Ministry of Finance (MOF).

AG Report: PPHM Unable To Meet Its Financial Obligations

KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.

Govt Disburses RM11.8 Mln Compensations For Delayed Tax Refunds as At Feb 11 -- Liew

KUALA LUMPUR, Feb 12 (Bernama) -- The government has disbursed compensation payments totalling RM11.8 million for delays in excess tax refunds for this year up to Feb 11, 2026.

RM5.4 Bln Tax Refunds For 2023 Year Of Assessment Disbursed As Of Feb 10

KUALA LUMPUR, Feb 12 (Bernama) -- A total of RM5.4 billion in tax refunds for the 2023 year of assessment, involving 38,629 cases, had been paid as of Feb 10, 2026, and the government is confident of completing the payments by this month, ahead of its first quarter of 2026 original target.

Govt Completes RM22.45 Bln Tax Refund In 2025, Highest In Five Years -- Amir Hamzah

KUALA LUMPUR, Feb 4 (Bernama) -- The government has completed excess tax refunds totalling RM22.45 billion in 2025, the highest in five years, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

IRB Develops Fairer Strategy To Distribute Tax Refunds, Prioritising MSMEs

KUALA LUMPUR, Jan 28 (Bernama) -- The Inland Revenue Board (IRB) has devised a more fair and equitable strategy to ensure that the refund allocations provided by the government can be distributed in an orderly manner, the Finance Ministry said.

Govt Completes Additional RM7.5 Bln Tax Refund in December 2025 -- MOF

KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously. 

Excess Tax Payment Refunds For 2023, 2024 Will Be Completed This Year -- PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.

Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

Excess Tax Payments Cannot Be Used To Offset Future Liabilities -- Lim

KUALA LUMPUR, Nov 3 (Bernama) -- The Inland Revenue Board (LHDN) does not allow companies to offset excess tax payments against future tax liabilities, said Deputy Finance Minister Lim Hui Ying.

LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).