Title What happens to Interest Penalties and Fines accrued for periods from 1st January, 2023
Description

The provision on waiver of penalties and interest was deleted, effective 1st July 2023. Therefore;



  • For taxpayers who had lodged their applications for waiver of penalties and interests accrued for the aforementioned periods before 30th June 2023, the mitigating factors provided will be evaluated and the applications processed accordingly. 



  • For those who had lodged their applications for the waiver of penalties and interest after 30th June 2023, they will be required to pay all the interest and penalties.
Category Tax Amnesty 2024/2025