Submission of Form B (Business income tax return)

Form B is an income tax return form that is required to be filed by all types of businesses operating in Malaysia to declare their annual income and to determine the amount of tax payable. This form should be filed by the 30th of June each year for the preceding year’s tax.

The Form B submission is a crucial process that needs to be carried out with utmost precision and accuracy. It requires businesses to declare their income from all sources, including revenue, sales, and other income-generating activities, and to calculate their tax liability based on the income earned.

As a business owner, it can be challenging to understand the complexities of the tax system and ensure that you are submitting accurate and complete information on your Form B. That’s where our accounting firm can help. We have a team of experienced and qualified tax professionals who can assist you in preparing and filing your Form B in a timely and accurate manner.

Our team will work closely with you to ensure that all necessary information is gathered, and all calculations are accurate to ensure that you are paying the correct amount of tax. We will also help you to identify any potential tax savings and ensure that you are taking advantage of all available tax deductions and credits.

In conclusion, the submission of Form B is an essential part of running a business in Malaysia, and it is crucial to get it right. As an accounting firm, we can help take the stress out of the process and ensure that you are compliant with all tax regulations.

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