The Voluntary Disclosure Programme will be executed by the Customs Department and Inland Revenue Board, says the Finance Ministry. – The Malaysian Insight file pic, June 2, 2023.
THE government plans to reimplement the Voluntary Disclosure Programme as an initiative to increase the number of taxpayers, grow tax compliance level, and build the country’s revenue, said the Finance Ministry. In a statement today, the ministry said the programme will allow people to settle their tax arrears without penalty.
“This will be implemented by the Royal Malaysian Customs Department and the Inland Revenue Board starting June 6, 2023, until May 31, 2024,” it said. – Bernama, June 2, 2023.
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