It’s the exciting time of the year when you get to deal with the Inland Revenue Board (IRB) — perhaps expecting a few extra ringgit to bounce back.
And to that end, the IRB has announced that taxpayers found to have overpaid could be refunded within two days of submitting income tax return forms (BNCP).
“If the information given is correct, IRB will process it fast, however, if incomplete and incorrect information is provided then longer time is needed to process the refund. Usually, if completed forms are sent today, then it will be processed tomorrow and taxpayers will receive their refunds on the following day but it all depends on the amount of BNCP forms received,” IRB chief executive officer Tan Sri Dr Mohd Shukor Mahfar told Bernama.
For more information, visit the IRB website.
