Introduction

Special Voluntary Disclosure Programme (SVDP) 2.0 provides an opportunity for taxpayers to come forward voluntarily to report their income and tax computations that are accurate and orderly in line with the IRBM rulings that are in force as well as encouraging taxpayers to pay taxes within the stipulated period.

The implementation period of SVDP 2.0 is from 06 June 2023 until 31 May 2024.

Taxpayers who are eligible to participate in SVDP 2.0 are as follows:

NO.

VOLUNTARY DISCLOSURE CATEGORY

YEAR ASSESSMENT INVOLVED

IMPLEMENTATION METHODS

1

New taxpayers

Year of Assessment 2022 and preceeding years of assessment

  1. Check the Tax Indentification Number (TIN).

  2. If do not have TIN, register via e-Daftar or at any of the nearest IRBM service counter.

  3. Submit the Income Tax Return Form (ITRF) / Real Form of Real Property Gains Tax (RPGTRF) either by e-Filing / e-CKHT or manual ITRF/ RPGTRF.

Click here: MyTax Portal

2

Existing taxpayers who have previously declared income to IRBM but have not submitted ITRF/ RPGTRF for any other year of assessment.

ITRF - Year of Assessment 2021 and preceding years of assessment

RPGTRF - Year of Assessment 2022 and preceding years of assessment

Submit the Income Tax Return Form (ITRF) / Real Form of Real Property Gains Tax (RPGTRF) either by e-Filing / e-CKHT or manual ITRF/ RPGTRF.

Click here: MyTax Portal

3

Existing taxpayers who have previously declared income to IRBM but still have unreported additional income.

Year of Assessment 2021 and preceding years of assessment

  1. Submit a voluntary disclosure via SVDP 2.0 link on the IRBM official portal/ MyTax regarding undeclared income together with the Appendix of the SVDP 2.0 Additional Income Reporting Form and tax computation.

  2. The tax computations are only required to be submitted by taxpayers under the companies, businesses and partnerships file category.

  3. Taxpayers who have made voluntary disclosure for transfer pricing issues within the SVDP 2.0 implementation period need to fill in the Voluntary Disclosure Form for Transfer Pricing Case.

4

Duty payers who failed to stamp documents / agreements within the stipulated stamping period

Documents / agreements that have been executed (signed) on or before 01 May 2023 for stamping from 06 June 2023 to 31 May 2024

  1. Duty payers has to submit documents/agreements to be stamped via Stamp Assessment And Payment System (STAMPS) https://stamps.hasil.gov.my/.

  2. Upon receiving the Notice of Assessment, appeal applications for penalty must be submitted online via STAMPS to be qualified for penalty offer under SVDP 2.0.

With regards to the latest implementation date of the SVDP 2.0 put off to 6th of June 2023, any invitation for Speakers/Panel Members or request for SVDP 2.0 briefing session can be emailed to taxeducation@hasil.gov.my.

Only briefing or Speakers/Panel members request for seminars from 12th of June 2023 onwards will be considered.