It's that time of the year again when income tax returns are due...not just for individuals and companies, but also for non-profit organisations such as registered societies, associations etc.
If your organisation is growing in size, and you're receiving more funds in the form of donations or business income (if you're a social enterprise), it's probably advisable to register your society with Lembaga Hasil Dalam Negeri (LHDN) in order to open a tax file, if you have not already done so. You could try doing the initial tax file application online, however, the only available online link appears to be for the registration of companies, individuals and employers. Go to Tax file registration.
Since societies are not specifically mentioned, it would probably be a better idea to go to the nearest Lembaga Hasil Dalam Negeri (LHDN) branch in order to open your society's tax file. Go to LHDN branches to find one nearest you.
Also, here's a link to the info on filing income tax returns for all classes of taxpayers, for 2016. This would include the TF Form/Borang TF which needs to be completed and lodged on behalf of associations, societies and other organisations. The filing deadline for the lodgment of Borang TF for a registered society that does not conduct a business is 30 April 2016, while the deadline for a registered society that does conduct a business, is 30 June 2016. Go to Info on e-filing tax returns for 2015
A link to Borang TF for 2015 is available here.
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